Government levies and electricity hike also kick in during April
The retail price for 95 octane petrol is set to rise R1.31 per litre inland on Wednesday and R1.26 on the coastAn employee holds a gas pump at a petrol station in Sao Paulo, Brazil. File Picture: REUTERS/PAULO WHITAKERin four years as the recent slide in the rand and higher globalThe retail price for 95 octane petrol is set to rise R1.31 per litre inland on Wednesday and R1.26 on the coast, the Central Energy Fund said on Saturday. Diesel prices will rise about 82c.
another bout of electricity price hikes. Prices rise 14% for direct Eskom customers on Monday and for a similar amount for municipal customers on July 1. With weak economic growth and the turmoil at the SA Revenue Service contributing to an expected revenue shortfall of more than R42bn and personal and company taxes at their
"With effect from 3 April 2019, the fuel levy in the price structure of petrol and diesel will amount to 352c per litre and 337c per litre respectively. The Road Accident Fund levy in the price structure of both petrol and diesel will amount to 198c per litre with effect from 03 April 2019," the CEF said.The fund said the weaker rand, which on average depreciated from R13.80 in the previous month to R14.
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