Drivers Buckle up for Fuel Levy Hike

Drivers buckle up for fuel levy hike

Business Day TV speaks to Fani Tshifularo, CEO of the Fuels Industry Association of SA

National Treasury defends decision to increase fuel levy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The National Treasury has defended the decision to increase the fuel levy in the 2025/26 national Budget. Finance Minister Enoch Godongwana announced a general fuel levy increase of 15 cents diesel and 16 cents per litre of petrol when he tabled the Budget on Wednesday in Parliament. Deputy Director General on Tax and Financial Policy in the National Treasury, Chris Axelson, says the increase on fuel levy was last done in 2021. He acknowledged t…

South Africa Fuel Price Double Blow: Tax Hikes and Shrinking Recoveries Hit Motorists

South African motorists are bracing for a dual hit to fuel prices as tax hikes and dwindling price recoveries threaten to erase projected June relief. The National Treasury confirmed a 15-16 cents per litre increase to the general fuel levy, effective June 4, while Central Energy Fund (CEF) data shows shrinking over-recoveries for petrol and diesel. Initial projections suggested modest June price cuts: 19 cents per litre for petrol and 48 cents …

Fuel levy hike: South African consumers face heavier burden, says RFA

The Road Freight Association (RFA) notes the decision by the Minister of Finance to increase the fuel levy by 4% (petrol 16 cents and diesel 15c a litre).

Rising Fuel Levy Set to Squeeze Consumers

Both the Road Freight Association and the Automobile Association have expressed concern that the looming fuel levy hike will hit consumers hard, as the transporters of goods will need to pass on the additional cost.   The Minister of Finance Enoch Godongwana announced that the fuel levy on petrol would increase by 16 cents per litre and 15 cents per litre on diesel from 4 June 2025.   It’s the first time in three […]

Fuel Levy Hike: South African Consumers Face Heavier Burden, says RFA - CAJ News Africa

by GAVIN KELLYJOHANNESBURG, (CAJ News) – THE Road Freight Association (RFA) notes the decision by the Minister of Finance to increase the fuel levy by 4% (petrol 16 cents and diesel 15c a litre). This will be directly felt by consumers, as transporters cannot absorb increases without detrimental effects on their bottom-line (business sustainability). This means that Treasury is “finding” R4 billion towards the R75 billion shortfall from the prev…