Covid-19 Outbreak SA Online Resource | More info
Insurance, Car Insurance, Funeral Cover, Life Insurance, Budget Insurance, Insurance Quotes, CompareGuru, South Africa.
Car and Household
Business
Life and Funeral
Car Insurance
Cover your vehicle
More Information
Get Quote
Pre-Owned Warranty
Cover the mechanical and electrical components of your vehicle
More Information
Get Quote
Extended Warranty
Cover the mechanical and electrical components of your vehicle
More Information
Get Quote
Scratch and Dent
Cover small dents, chips and scratches to your vehicle
More Information
Get Quote
Tyre and Rim
Cover damages to your wheels
More Information
Get Quote
Home Insurance
Cover your home and everything in it
More Information
Get Quote
Commercial Vehicle Insurance
Protect vehicles and drivers used in the day-to-day operation of your business against risks like financial loss, damage or personal injury.
More Information
Get Quote
Commercial Insurance
Provide cover against common risks and disruptions to business operations, such as theft, damage to property, employee / client injury and much more.
More Information
Get Quote
Directors and Officers Liability
Safeguard your business and key players from financial loss with the right policy.
More Information
Get Quote
Errors and Omissions Liability
Covers your business and employees against claims of negligence, poor workmanship, and more.
More Information
Get Quote
Life Insurance
Provide for your loved ones
More Information
Get Quote
Disability Insurance
Protect your paycheck
More Information
Get Quote
Serious Illness Insurance
Cover yourself for illnesses like cancer, Alzheimers, Parkinsons, strokes or heart attacks.
More Information
Get Quote
Funeral Cover
Protect your family financially and cover funeral expenses
More Information
Get Quote
Domestic Worker Insurance
Cover the person that looks after you and your family everyday
More Information
Get Quote
Menu
Home
About Us
Domestic Worker Cover Quote
Life Insurance Quote
Car Insurance Quote
Funeral Insurance Quote
Extended Warranty Quote
Pre-Owned Warranty Quote
Scratch and Dent Quote
Tyre And Rim Quote
News Room
Meet The Team
Careers
Providers
Insurance
Car Insurance
Building Insurance
Household Contents Insurance
Life Insurance
Disability Insurance
Serious Illness Insurance
Domestic Worker Insurance
All Risk Insurance
Funeral Insurance
MotorVAPS Cover
Commercial Insurance
Commercial Vehicle Insurance
Directors and Officers Liability Insurance
Errors and Omissions Liability Insurance
Support
Contact Us
Terms of Service
Privacy Policy
Disclosures
Client Letter
POPI Act
PIA Act
CIM Policy
Complaint Escalation
TCF Form

News Room

Brace For A Double-Whammy April Fuel Price Increase!

Jason Snyman
2019-03-17
We're still licking our March wounds, but we can already expect another massive fuel price increase in April. Of course, this is no ordinary increase either - it's a double blow for SA motorists - because the general fuel and RAF levies are coming into effect as well. Ouch.

South Africans have barely begun to nurse their wounds after the significant fuel price increases last month. The March trauma is still fresh, still throbbing away, and now it’s time for another hefty double-whammy of a hike.

Hit ‘em while they’re trying to catch their breath – seems to be the order of the day. 

We recently reported on the incoming Carbon Tax – effective from June 2019 – which will lead to an increase in the fuel prices. In the same article, we also spoke about the increases to the general fuel and Road Accident Fund levies – effective from April 2019 – which also have a substantial impact on the fuel price. 

Now, the Automobile Association, commenting on unaudited mid-month fuel price data released by the Central Energy Fund, has said that we can expect quite a considerable run-of-the-mill fuel price increase as well. As always, this is largely due to movements in the exchange rate (showing the Rand to be quite pathetic, as is customary these days) and international oil prices. 

Let’s take a look at what we’re up against, come next month. 

How Much Will We Be Paying For Fuel, And Why?

The Automobile Association has speculated – based on the CEF data – that the basic fuel price increases are expected to be around 98c per litre of petrol, 70c for diesel and 63c for illuminating paraffin. 

With the addition of the general fuel and RAF levies, we could be looking at increases of around R1.18 per litre of petrol and 90c per litre of diesel.

Thankfully, there are no levies added to illuminating paraffin. Not yet, anyway, but the ANC is working on it. Stay tuned for more on that.

With this forthcoming increase taken into account, taxes and levies will account for around 38% of the cost per litre of 93-octane unleaded petrol. 38% of every litre you pay for goes to the government, which continues to use the fuel levy as an easy source of income, year after year.

Levies increase, new taxes are added, the cost of licence disc renewals and applications have gone up, toll fees just saw a 5% increase, and if the on-going Zondo inquiry into State Capture has proven anything, it’s that South Africans really need to start asking where all this money is going, what it’s being used for, and can we please see the receipts?

When fuel taxes were proposed as a roads-funding mechanism, the government resisted, claiming they were anti-poor. But the fuel levy has nonetheless risen by nearly 22% over the past three years.
Here is what you can expect to pay at the pumps from April:

CompareGuru knows what's good - you'll never need another insurance comparison tool again!

Sign up to our newsletter to stay up-to-date on the latest tax-related shenanigans and news on fuel prices.

CompareGuru has you covered.     

CompareGuru Social TwitterCompareGuru Social FacebookCompareGuru Social LinkedIn

Sign up to our Newsletter now, and don’t miss a beat.

Email Address
Name
Sign Up