Archives

January 2018

Prepare for a Hefty Hike in Fuel Levy

Petrol price rise

Hefty Hike in Fuel Levy With regards to a Hefty Hike in Fuel Levy, the Automobile Association (AA) has urged the government to be cautious in determining future hikes of several taxes including the fuel levy, and their impact on low-income families in the country. Finance minister Malusi Gigaba is set to deliver his Budget…

How SA’s new Carbon Tax will affect petrol and electricity prices

Carbon Tax In December, the National Treasury released a revised Carbon Tax Bill for public comment, giving the first indication of how the proposed tax could affect everyday South Africans. First published in 2010, there was relative quiet surrounding the tax until it was mentioned in the 2017 budget speech documents. The revised bill introduces a number of key…

Would You Want To Pump Your Own Fuel in SA

Pump Your Own Fuel in SA   Pump Your Own Fuel in SA: Cape Town – Since New Year’s, the people of Oregon can finally pump their own petrol. Would you want to do the same in South Africa? It’s the oddest thing about driving in another country. Not the absence of intolerance. Not the…

SA fuel prices set to fall again in February

petrol station for sale east rand

Price of Petrol Johannesburg – South Africa’s hard-pressed motorists can look forward to a bit more light relief on the first Wednesday in February, with fuel prices set to drop again, says the Automobile Association. Commenting on mid-month fuel price data released by the Central Energy Fund, the AA attributed the continued positive balance shown…

Chevron SA will be bought by China’s Sinopec

Chevron SA CAPE TOWN – The South African Government has reached an agreement on public interest issues on the potential acquisition of control of Chevron SA by Chinese company Sinopec.    The company commits to invest R6 billion in South Africa; move hailed as part of deeper and bolder economic inclusion measures – the transaction…