FUELING FEARS: AA calls for urgent levy cut and warns of further R4 hike
The Automobile Association has urged National Treasury to cut the general fuel levy by R3 a litre, warning that petrol could rise by up to R4.58 a litre in November if current trends continue.
The Automobile Association (AA) has urged the National Treasury to swiftly reduce fuel taxes, warning that petrol prices could surge by up to R4.58 per litre in November if present trends continue. This warning follows the recent October fuel price hikes, which have set record-high levels for petrol and diesel, straining South African households and businesses.
The AA's plea comes after the Road Accident Fund (RAF) suggested raising its levy component of the fuel price, currently at R2.25 per litre since a seven-cent increase in April. The AA demands the abolition of the RAF levy and alternative funding sources, criticizing the government's fuel-price relief and urging National Treasury to implement substantial relief instead of hiking taxes.
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