Fuel Levy Hike Sparks Outrage
4 Articles
4 Articles
Fuel levy hike sparks outrage
By Levy Masiteng The Automobile Association (AA) has slammed the fuel levy increase announced by Finance Minister Enoch Godongwana in his budget speech on Wednesday. The General Fuel Levy (GFL) will increase by 16 cents per litre for petrol and 15 cents per litre for diesel, effective 4 June. Godongwana described this adjustment as the sole new tax proposal for the 2025/26 financial year, citing inflationary pressures as the reason for the hike…
Fuel Levy Hike: South African Consumers Face Heavier Burden, says RFA - Truck and Freight Information Online
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 […]
Budget speech reactions – Experts weigh in
Boipelo Ndimande, Chief Financial Officer at Consult by Momentum The reversal of the VAT hike is a welcome relief for South Africans grappling with the rising cost of living - but it doesn’t mean we’re out of the woods. The fuel levy increase of 16c per litre (petrol) and 15c (diesel) will have a knock-on...
Bad News For Fuel Prices As Treasury Targets Motorists
South Africans are in for another hit to their wallets after Finance Minister Enoch Godongwana announced an increase to fuel taxes, ending the three-year freeze. From 4 June 2025, motorists will pay 16 cents more per litre for petrol and 15 cents more for diesel as part of an inflationary adjustment to the general fuel levy. The Road Freight Association (RFA) has slammed the decision, warning that the increase will have far-reaching consequences…
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