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Decrease the fuel price even more (and stop further increases)!

December 10, 2018 deur Mareli Rall

AfriForum will present a petition to parliament on decreasing the fuel levy on Tuesday 11 December. It will also be sent to the department of energy on the same day.

Despite of the decrease of R1,85 per litre on Wednesday 5 December 2018, the fuel price remains persistently high on R15,02 per litre.

In March 2018 unleaded 93 fuel cost R13,54 per litre and R12,61 per litre in 2015. Experts believe that the latest decrease will surpass new increases in 2019 and that fuel can cost R20 per litre at the end of 2019.

The total fuel price levy amounts to almost R4 of the price of fuel per litre and about R2 per litre funds the Road Accident Fund (RAF). This year these levies were increased respectively by 22c and 30c per litre.

While taxpayers and road users pay more and more for fuel, it was recorded that almost R51 billion was spent on irregular expenditure by national and provincial state departments and by state-owned companies for the 2017–18 financial year. This is apart from wasted and fruitless expenses. The RAF was also in the news for the wrong reasons this year, among other for a tender for office furniture to pay R1 666 per chair per month. Then they complain about a shortage while money is being squandered.

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