Good news about diesel prices, but bad news for petrol

[Hanno Labuschagne]

Good news about diesel prices, but bad news for petrol

South African motorists with diesel vehicles can expect the price of their fuel to decline in May, while people using petrol should expect to pay more.

This is according to unaudited mid-month fuel price data released by the Central Energy Fund on Thursday.

Commenting on the data, the Automobile Association of South Africa (AA) said stability on international petroleum markets and a stronger exchange rate have given fuel prices a breather.

 

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Too much taxes:

Opinion - Government’s unsustainable fuel related levies and taxes.

Problems loom when Government applies short-term thinking on State revenue streams, which is evident from incessant increases applied to various taxes, especially those that appear to ignore future challenges that threaten their income.

www.outa.co.za

Also AA want's "All calculations relating to the fuel price need to be audited to determine if they are still relevant and appropriate" which I think is a fair request.

Here’s how the state can reduce fuel prices, says AA

Cheaper fuels will require multi-faceted approach with the private sector’s help

www.businesslive.co.za