PETROL HIKES
DA calls for mass protest against record high fuel prices
DA leader Mmusi Maimane has called for an urgent reduction in fuel levies and urged all South African citizens to join his party in a mass protest against record high fuel prices at the Treasury’s offices next week. About 33% of the fuel price is made up of two levies: the general fuel levy and the Road Accident Fund (RAF) levy. Levies and duties account for R5.30 of every litre of 95 octane petrol‚ or R265 of every 50l fuel tank. Speaking at a media briefing alongside members of Organisation Undoing Tax Abuse in Tshwane on Tuesday‚ Maimane said "exorbitant" fuel levies could not be justified. Massive increases "When Cyril Ramaphosa was elected president‚ the price of petrol per litre was R14.12. It now costs over R16 per litre to refuel with 95 octane unleaded petrol in Gauteng. This equates to‚ on average‚ almost R100 more every time you fill your tank. Every cent of this massive increase is absorbed by ordinary South Africans‚ either directly through increased transport costs‚ or...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.