Guiding consumers since 2009

Budget Speech: The fuel levy

By Jessica Anne Wood

The Automobile Association of South Africa (AA) noted that the 30 cents per litre increase in the fuel levy and the 9 cents per litre increase in the Road Accident Fund (RAF) levy is a cause for great concern. The additional 30 c/l in the fuel levy will increase it to R3.15 per litre, and the RAF will cost R1.63 per litre.

“Motorists remain easy targets for revenue collection although many are suffering as a result of increases to the fuel price. This is particularly prejudicial to motorists especially in the context of a lack of proper, reliable public transport.

“Hundreds of thousands of commuters rely on their vehicles to get to and from work daily. And, these increases will not only impact on transport costs – including things such as bus and taxi fares – but are also putting inflationary pressure on other commodities that rely on road transport to be delivered across the country,” highlighted the AA.

For more information on the budget speech, click here.

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