Levies to add to expected fuel price hike in April - AA

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Levies to add to expected fuel price hike in April - AA | Fin24

South African Consumers should brace for a possible increase in the basic fuel price in April of 98 cents per litre for petrol, 70 cents per litre for diesel and 63 cents per litre for illuminating paraffing, the Automobile Association said in a statement on Friday.

But with the rise in fuel levies, as announced by Finance Minister Tito Mboweni in February, these increase will be more. The AA said that its outlook for April sees petrol increasing by R1.18 a litre and diesel by 90 cents a litre when the levies are factored in. The association based its projections on the unaudited mid-month fuel price data released by the Central Energy Fund.

 

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