South Africa Controlled Product Price Change The Department of Minerals and Energy has announced the following price change for PETROL and DIESEL. Do you have a news story for The South African.
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Petrol price increases in April.
Sa petrol price increase april 2021. South African fuel prices look set for a monster hike in the first week of April which could mean that the petrol price increased by 25 in a single year. Tuesday April 6 2021. With the expected increases factored in a litre of 95 ULP Inland currently at R1632l will now cost R1748l of which R610 will be taxed through the GFL and RAF.
This was largely due to the Brent oil price climbing to its highest level since 2019 and moving closer to 70 a barrel. Mid-month data from the Central Energy Fund points to a big hike in fuel prices in April following sizeable increases in the first three months of 2021. Similarly at its current pricing of R218 a litre the RAF Levy represents about 13 of every.
The Road Accident Fund Levy in the price structure of both petrol and diesel will amount to 2070 cl with effect from 7 April 2021. These increases come off the back of significant fuel price increases throughout the first few months of the year which saw fuel reach record highs in April. PETROL PRICE FOR APRIL 2021 All price projections featured in this article are based on AVERAGE values supplied by the Central Energy Fund CEF.
The Department of Mineral. Please note that 93 LRP is not sold in coastal regions. The Automobile Association said the expected further hefty hike in fuel prices will see 95 ULP heading into record territory.
With effect from 07 April 2021 the Fuel Levy in the price structure of petrol and diesel will therefore amount to 393 and 379 cents a litre respectively. The annual consumer price inflation rate for April 2021 has increased to 44 compared to 33 reported in March according to the Consumer Price Index CPI released by Statistics SA. Revised fuel and road accident fund levies had also kicked in.
The price of 95 ULP and LRP will rise by R1 while the price of 93 ULP and LRP will rise by 95 cents a litre. By April petrol prices had reached the R1700l territory. We list the latest fuel price fluctuations for your.
Wednesday 02 June 2021. E-mail us at info. The State Government is not developing a new app for this scheme but rather is requiring all SA fuel retailers to report their prices to.
The Road Accident Fund Levy in the price structure of both petrol and diesel will amount to 207 cents a. The price of petrol is set to increase by between R1 and 95 cents a litre as of Wednesday the Department of Mineral Resources and Energy DMRE said. The markets anticipate that OPEC and Russia will agree to ease production cuts from May 2021 during their next meeting the Department said.
The latest Central Energy Fund estimate indicates a 90c increase in the price of a litre of 95 unleaded petrol. There is also an increase in the transport tariff taking effect. This will make it easy for motorists to find the cheapest fuel closest to them at any given time.
As of April 2021 the GFL is R393 which represents about 23 of every litre of petrol sold in SA. These levies which increase every April following the Budget Speech currently make up 37 percent of the petrol price at the coast and 36 percent of the cost inland. Although fuel prices dipped a little in May the fuel price remains high affecting all sectors of the economy.
Petrol users across South Africa are paying around R5 a litre more for fuel in May 2021 compared to May 2020. Earlier this month the Automobile Association raised concerns about the hefty tax penalty that South African motorists have to pay every time they fill up. CAPE TOWN - South African motorists should brace themselves for a record-high increase in the price of fuel that will see them pay about R17 for a litre of petrol.
This will add a combined 26 cents per litre to fuel prices from April which would push increases to over R100 for petrol. From 20 March 2021 petrol price information will be available in real time in South Australia. The price of petrol 95 ULP in particular looks poised to hit a record high thanks to anticipated hikes in the first week on April 2021.
Convenience to ensure that you stay abreast of your financial expenses. This means that at least 35.
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