Petrol price for May 2018 – Sharp increases in the landed prices of fuels are set to hit motorists hard at the end of April, according to the Automobile Association (AA). “Petroleum prices were largely flat in the first week of April, but spiked sharply as tensions escalated in Syria,” the AA said, commenting on…
Fuel prices – It’s no secret that a fairly large chunk of the money you spend on fuel at the pumps goes to various levies and taxes, but few realise exactly how much the government takes every time you fill that tank. Thankfully the Automobile Association has, for the third year now, given us an…
Petrol price rise fuel consumer hardship, consumers have been warned to brace themselves for a tough financial year. With the VAT increase for the first time in 25 years having started three days ago, consumers also have to contend with today’s massive petrol price increase. Last month, the petrol price dropped by 36c per litre…
Petrol price increase, motorists need to prepare themselves for a steep hike in petrol prices from April 1, when fuel levies kick in. The international fuel price increase has also affected the increase in petrol prices. This is according to the Automobile Association (AA), citing unaudited month-end fuel price data released by the Central Energy Fund….
Johannesburg – Were it not for the 52 cent increase in fuel taxes that are due to come into effect at the beginning of April, South African motorists would have been looking forward to a slight decrease in the price of fuel from next month. However, now motorists are likely to fork out over 40…
Thirty-seven percent of South African motorists say they will still choose diesel vehicles over petrol vehicles even though recent studies show up to 38,000 people die prematurely as a result of diesel engines exceeding their stated emissions standards. This is one of the findings in a recent survey by the Automobile Association (AA). According to…
Petrol Price Relief. Due to the rand’s positive performance against the dollar, petrol prices have decreased for the month of March according to the Department of Energy. The Department of Energy announced that the rand has appreciated against the US dollar (from R12.20 to R11.82 per US dollar) during the period under review. As a result,…
As part of his 2018 budget, former finance minister Malusi Gigaba announced a 52 cents per liter increase in the General Fuel and Road Accident Fund levy. The General Fuel Levy will increase by 22 cents from R3.15 to R3.37 (7% increase), and the RAF Levy will increase by 30 cents from R1.63 to R1.93 (18% increase). According to the Automobile…
Johannesburg – South African motorists are set to enjoy some fuel price relief in March, but unless oil prices continue to fall that relief will be short-lived. As Finance Minister Malusi Gigaba announced during his budget speech last week, the fuel levy will increase by 52 cents a liter, but this will only take effect…
Automobile Association The 52 cents a litre increase in the General Fuel and Road Accident Fund levies announced by finance minister Malusi Gigaba in Wednesday’s Budget Speech is cause for great concern, notes the Automobile Association (AA). The increases amount to a total increase of 11% on the current levies from R4.78 to R5.30. The increases…
