South Africa petrol price cut to 1c, diesel down R1+ on levy relief

South Africa's November fuel price adjustment delivers a token 1c/litre petrol cut and a larger diesel reduction, reflecting the net effect of the fuel levy reduction from the mini-budget partially offset by a 48c/litre slate levy increase to 135.84c/l. The modest relief masks underlying fiscal and energy-cost pressures, with the slate levy hike signaling continued strain on the fuel price stabilization mechanism.

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