End of South Africa's fuel tax relief

Luis

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End of South Africa's fuel tax relief

The Department of Petroleum and Mineral Resources published the official fuel price adjustments, which take effect from 3 June, with unleaded 93 and 95 petrol increasing by R1.43 per litre.

Fuel price estimates from the Central Energy Fund (CEF) earlier in the month suggested that petrol prices would drop in June 2026.
 
Sad that government believes it is in fact entitled to taxes it charges us, and even sadder that the people are so indoctrinated into the system they allow it to continue.
 
Crazy that people are managing to blame the ANC for the orange idiot's stuff up.

I mean I guess the libs are responsible for the sky high fuel price in all the other countries.
Orange idiots stuff up but ANC's fault for being so susceptible to it. There have been calls for decades to incentivize and strengthen in country refining which the ANC has ignored. Would have left us in a way stronger position if they had.
 
Crazy that people are managing to blame the ANC for the orange idiot's stuff up.

I mean I guess the libs are responsible for the sky high fuel price in all the other countries.
You are conflating two unrelated issues.

Trumps “stuff up” in Iran, if you want to call it that is one issue, but that has no relevance on the amount of taxes the South African government charges on fuel. I’m not sure if you missed it in the article, but the actual price of fuel is set to come down for June - because of governments over recovery on fuel…. I mean, if you do simple maths, if the government is adding R1.50 in taxes onto the fuel price from tomorrow, but the price is only going up with R1.43, that means the actual fuel price is coming down with 7cents per litre.

Also, as others mentioned above, our government is 100% responsible for leaving the South African economy so exposed to this “crisis”. That is not Donald Trumps fault. Trump did not sell off our strategic reserves in a shady deal. Trump didn’t dictate what our oil and fuel supply lines and trade agreements should be. Trump didn’t decide 20 years ago for South Africa not to gear itself towards recieving oils supply from Angola and Nigeria - the ANC decided all of those things.
 
I'm gonna take the positive for me away:
I’m feeling particularly sorry for the farmers. Farms essentially run on diesel, and these prices are killing their already fickle margins. Combine that with severe flooding (exacerbated by piss poor flood control and reservoir management by the Department of Water Affairs), and the FMD crises, almost completely created by the states incompetence - they have really been having a rough go at it lately.

But hey, maybe that’s all part of the DANC’s 4D chess match so they can get the farmers to agree to giving up the land without needing to change the constitution. 😂
 
I’m feeling particularly sorry for the farmers. Farms essentially run on diesel, and these prices are killing their already fickle margins. Combine that with severe flooding (exacerbated by piss poor flood control and reservoir management by the Department of Water Affairs), and the FMD crises, almost completely created by the states incompetence - they have really been having a rough go at it lately.

But hey, maybe that’s all part of the DANC’s 4D chess match so they can get the farmers to agree to giving up the land without needing to change the constitution. 😂
The population will feel the impact on food prices when it comes time to harvest. Transport only accounts for a fraction of the price changes we're going to see later down the road when farmers and manufacturers price in the increased expenses.

The trickle down effect is massive. I have a client who supplies sweets to petrol stations and he's had the worst month since covid, people spend more on fuel they spend less on everything else.
 
One problem we have in South Africa is the middle classes total refusal to protest.

We have the “poor” ready to march and destroy infrastructure and cause chaos on the smallest of issues - but the South African middle class seems to have no concept of the value of properly organised protest.

If this sort of price increase had to happen in France or Belgium for example, they would have shut down the major cities for a few days and forced government to lower the taxes.

Why do our neighbours to the north not suffer the same fate as use when it comes to fuel prices - even while buying their fuel from us? Their governments know, firstly that their economies can’t sustain higher fuel prices, and secondly, that their people would never accept it. A few years ago when Botswana tried to increase fuel levies, the population simply all stayed home and brought the country to a standstill.
 
You are conflating two unrelated issues.

Trumps “stuff up” in Iran, if you want to call it that is one issue, but that has no relevance on the amount of taxes the South African government charges on fuel. I’m not sure if you missed it in the article, but the actual price of fuel is set to come down for June - because of governments over recovery on fuel…. I mean, if you do simple maths, if the government is adding R1.50 in taxes onto the fuel price from tomorrow, but the price is only going up with R1.43, that means the actual fuel price is coming down with 7cents per litre.

Also, as others mentioned above, our government is 100% responsible for leaving the South African economy so exposed to this “crisis”. That is not Donald Trumps fault. Trump did not sell off our strategic reserves in a shady deal. Trump didn’t dictate what our oil and fuel supply lines and trade agreements should be. Trump didn’t decide 20 years ago for South Africa not to gear itself towards recieving oils supply from Angola and Nigeria - the ANC decided all of those things.

You do realise that we get 50% - 60% of our crude oil supply from Angola and Nigeria?
 
You do realise that we get 50% - 60% of our crude oil supply from Angola and Nigeria?
And what percentage of our total fuel usage does that make up? Less than 10% because we don’t refine locally - opting to rather buy the bulk of our fuel in processed form - like morons
 
And what percentage of our total fuel usage does that make up? Less than 10% because we don’t refine locally - opting to rather buy the bulk of our fuel in processed form - like morons

It is closer to 30% but still a far cry from what we used to be able to refine from crude oil as we only have two refineries using crude oil now versus the four we used to have, excluding the coal and gas refineries.
 
And what percentage of our total fuel usage does that make up? Less than 10% because we don’t refine locally - opting to rather buy the bulk of our fuel in processed form - like morons
Even more of a shocker is the recent changes where we are now exporting crude to China without tariffs...
 
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