Overall fuel prices set to increase next week

March 27, 2018

VAAL TRIANGLE - Vaal Triangle motorists are sadly about to feel the pinch in their pockets due to a petrol price increase expected from the 1st of April. The Automobile Association said petrol is indicating a likely decline of around 12 cents a litre, diesel 18 cents, and illuminating paraffin 13 cents. However, it noted that despite these predicted decreases to the basic fuel price, the additional 52 cents to the fuel levies will push the overall price of fuel. The Automobile Association said the overall price will jump 40 cents in April because of the increases to the General Fuel and Road Accident Fund levies announced by former finance minister Malusi Gigaba in his Budget Speech in February. The General Fuel Levy will increase by 22 cents a litre from R3.15 to R3.37, and the Road Accident Fund contribution will rise by 30 cents, from R1.63 to R1.93. 
PHOTO: (Supplied)

 

 

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