South Africans will pay even more per litre of fuel from Wednesday than mid-month predictions suggested. Here’s how much more you can expect to pay per tank of petrol.
East Cape Fuels predicted petrol and diesel price increases between R1.23 and R1.37, and rarely overestimated its numbers.
The global price rise of crude oil is partially to blame for South Africa’s sharp fuel price hikes, but according to the Organisation Undoing Tax Abuse , it is far from the only reason.— which have risen by 126% in ten years — are a big reason South Africans must pay such high prices for fuel.Despite these price hikes, there is also good news for future fuel prices in South Africa.that the General Fuel Levy and Road Accident Fund levy would not be increased in the 2022/23 financial year.
“We have set up teams. The intention is to review the fuel price and its structure going forward,” said Godongwana. “The intention is to make sure that we can have a petrol price which is competitive with this economy.” The table below shows how much inland motorists with various tank sizes can expect to pay to fill up from 2 March 2022 compared to February’s prices.
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