fuel levy

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Background

Local

Taxi industry confident that fuel levy increase will not result in fare hikes

Following the Finance Minister's announcement of an increase to the fuel levy, the Automobile Association (AA) has warned that the change could have far-reaching consequences for consumers. Spokesperson Eleanor Mavimbela stated that an increase of 16 cents per litre for petrol and 15 cents per litre for diesel can be expected, effective 4 June 2025. “This levy adjustment comes at a time when South Africans are already contending with high […]

today23 May 2025

Local

Government talks around fuel prices cuts ongoing

By Loushe Jordaan Gilbert The Minister of Mineral and Petroleum Resources Minister Gwede Mantashe said government talks to bring down fuel prices are reportedly under way. This comes as the prices are currently distorted by taxes like the general fuel levy and Road Accident Fund (RAF) levy. The minister said although petrol and diesel prices should be around R14 per litre, they currently exceed R20 per litre. Speaking on VOC […]

today10 October 2024

Local

Fuel price relief for consumers as prices decrease in the New Year

By Lee-Yandra Paulsen In a positive turn for consumers, the mineral resources and energy department in South Africa has confirmed significant price cuts for petrol and diesel, providing some respite amid economic challenges. Effective from midnight, the price of petrol (93 ULP and LRP) has decreased by 62 cents per litre, while the price of petrol (95 ULP and LRP) saw a more substantial drop of 76 cents per litre. […]

today3 January 2024

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