SA motorists are in the crosshairs yet again as theAutomobile Association (AA) forecasts massive fuel price hikes in April 2021.

The key factor behind this painful increase is the General Fuel Levy and Road Accident Fund levy will be coming into play this month. As it stands, the petrol price is going up by 73 cents a litre, diesel an increase of 39 cents, and illuminating paraffin and increase of 37 cents.

With the levies of 27 cents a litre added on, we're looking at a petrol price increaseby as much as R1 a litre, and diesel by 66 cents a litre. The levies are not added to the cost of illuminating paraffin.

“This means that the fuel price for April will be in the region of R17.32 a litre for ULP 95 inland, comfortably surpassing the previous high of R17.08 set in late 2018,” says the AA.With the increases to the levies, motorists will, from April, be paying R5.96 per litre of fuel to the GFL and RAF levies, or between 35% and 40% to taxes on every litre purchased.

"The unfortunate reality is that the expected hikes will still be substantial. The minor relief of the pullback in petroleum and the exchange rate will be cold comfort to South Africans reeling from the ongoing economic damage being inflicted as a result of COVID-19, and a decade of economic decline," says the AA.

Further Reading

SA Petrol Price 2020 – Where Does Our Money Go?

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Most Fuel Efficient Budget Cars in SA

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