SirFooK'nG
Executive Member
Holy cow .... thats hectic.
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Question of the Day: Oldest working tech or appliance in your house that you refuse to replace?
Do the e-toll mathematics, minister
Holy cow .... thats hectic.
Bona Botse
A little insight goes a long way
When writing an article about fail anything, make sure that your own article doesn't contain any fail.
SirFooK'nG
Executive Member
akescpt
Honorary Master
im sure they have no trouble counting their millions.
LazyLion
King of de Jungle
How the ANC comes up with their figures....
No, that's how the "consultant" who was paid several million Rand came up with the figures...
cfilorux
Senior Member
Complex numbers
Please note that these sums involve multiplication and division. In order to explain the numbers to government these concepts need to be replaced with simpler operations like addition and subtraction. And don't get fancy with interest calculations either.
Please note that these sums involve multiplication and division. In order to explain the numbers to government these concepts need to be replaced with simpler operations like addition and subtraction. And don't get fancy with interest calculations either.
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Budza
Executive Member
Wayne Duvenage needs a medal.
system32
Executive Member
SCAMRAL LIES
http://www.energy.gov.za/files/media/media_SAVolumes.html
11,925,053,682 liters for Q1+Q2
Gauteng uses +30% of SA fuel.
2 years ago, when the DA proposed a Fuel levy, SCAMRAL got their economist shills to produce BS that it would be R3.65/l or more.
Once you know how much is consumed in ZA, doing the maths is simple and we can easily see that it's 8c-10c/l
Depending on what GFIP cost R6.8b, R18b, R24b, less the bail out of R5.8b (May 2008)
8c-10c per liter would easily pay for GFIP in less that 10 years.
Even if you only applied the 10c levy to Gauteng, it would be paid of in less that 20 years.
http://www.energy.gov.za/files/media/media_SAVolumes.html
11,925,053,682 liters for Q1+Q2
Gauteng uses +30% of SA fuel.
2 years ago, when the DA proposed a Fuel levy, SCAMRAL got their economist shills to produce BS that it would be R3.65/l or more.
Once you know how much is consumed in ZA, doing the maths is simple and we can easily see that it's 8c-10c/l
Depending on what GFIP cost R6.8b, R18b, R24b, less the bail out of R5.8b (May 2008)
8c-10c per liter would easily pay for GFIP in less that 10 years.
Even if you only applied the 10c levy to Gauteng, it would be paid of in less that 20 years.