Kaya News Reporter
Cash-strapped consumers will need to fork out more at the pumps as another steep petrol price hike is expected in March.
The Automobile Association (AA) is calling on government to review the fuel price structure. Calling for an immediate review, the association says,”continuing with a pricing model because it’s historically the one the country always used doesn’t make sense.”
A steep petrol price hike of R1,23c/l is estimated for all grades of petrol. Diesel and paraffin is expected to cost a staggering R1,30c/l more.
As of February, South Africans inland are currently paying R19,89/l for 93 Unleaded and R20.14/l for 95 Unleaded.
Coastal cities are paying slightly less at R19.42/l for 95 Unleaded.
Launching a petition, the AA believes a comprehensive, long-term analysis of the components of the fuel price needs to be done as a matter of urgency.
Layton Beard from the AA says, “Our country faces huge economic challenges & the high fuel price adds to it. We urge the Minister of Finance not to raise fuel levies and to review the current fuel price structure during his Budget Speech on Feb 23.”
The AA argues that increasing the fuel price levies is not the answer and the organisation wants government to address the poorly managed Road Accident Fund.
SA’s General Fuel and Road Accident Fund levies contribute significantly every litre of fuel sold, but citizens don’t see tangible benefits from these taxes.
With talks of the big expected price hike, the AA has ramped up their efforts to provide cheaper fuel to South Africans.
The association is urging taxpayers to sign the petition and support the cause.
In other news: Reduced speed limit proposed for South Africa
