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petrol price south africa

How profitable is a fuel station?

How profitable is a fuel station?

Profitability refers to the ability of a business to generate a profit, or positive net income, over a certain period of time. In the context of a fuel station in South Africa, profitability would refer to the station’s ability to generate a profit from the sale of fuel and other products, after all expenses have…

Petrol price increase expected in February

fuel in pump main

Petrol price increase expected in February. The AA has predicted an increase in the local petrol price for February, related primarily to an increase in oil prices worldwide. “International oil prices have reached a slightly higher plateau after climbing in the first half of January,” said the AA. However, thanks to the strengthening rand, the…

You will be taxed R280 every time you fill up

With the addition of the carbon tax, and another hike in the general fuel and Road Accident fund levies, motorists will soon be paying a big chunk of their total petrol bill to government. In his budget speech on Wednesday (20 February), finance minister Tito Mboweni said that the general fuel levy will be increased…

December fuel price cuts could be bigger

December fuel price cuts could be bigger. Johannesburg – South Africans are looking forward to some significant petrol diesel price relief in December, and current data shows that the decreases in prices could be even bigger than expected. Around mid-November, fuel price data from the Central Energy Fund pointed to decreases in the region of…