7 Articles
7 Articles
Santaco concerned about fuel levy hike
Santaco concerned about fuel levy hike Ntandoyenkosi… Sat, 05/24/2025 - 16:05 CAPE TOWN - Santaco is concerned about the fuel levy hike introduced in the budget. The taxi council says it will affect the industry's profitability. READ | Budget 3.0 | AA warns consumers will feel fuel levy painThe increase may be passed on to commuters, which will push up inflation.Santaco's Mandla Hermanus calls for the government to consider the subsidy regime f…
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 …
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 […]
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