Almost 60% of the fuel price and taxes now goes towards the bankrupt ANC regime’s treasury. According to observers, tax has skyrocketed since 2008 when the fixed tax was R1.76 versus the R 5.63 currently applicable. That’s a 220% increase! With the 29 cents increase coming over the next two months, the percentage is even..
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Motorists in SA now have to fill the bankrupt ANC regime’s treasury – 60% of fuel price consists of taxes and levies
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Some relieve for motorists in November 2018, first decrease in eight months expected
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For eight months South Africans have toiled under the weight of consecutive fuel hikes which have impacted all major industries. South African motorists and consumers are set to be spared further pain as the petrol price for November is expected to decrease. For eight months South Africans have toiled under the weight of consecutive fuel..
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Petrol price still on course to break record R16/litre, but AA says it could be worse – How much worse can it really get?
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Pending a formal fuel adjustment announcement by the Department of Energy, a litre of 95 octane fuel inland is likely to breach the R16 a litre mark. Yet, the Automobile Association (AA) says South Africans are lucky, as fuel hikes ‘could’ve been far higher’. Petrol prices are due to reach record highs after the Department’s..
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