NOUWAT?

## Fuelling Frustration: The Rise of Petrol Prices in South Africa South Africa, the land of sunshine, scenic drives, and... ever-increasing petrol prices? It seems like filling up your tank these days is more like emptying your wallet. But why the constant rise, and what can we do about it? **The Perfect Storm: A Brewing Crisis** Several factors are contributing to the petrol price hikes. Global crude oil prices are a significant influence. While there was a slight decrease in June 2024, overall, oil prices remain high. Additionally, the Rand's value against the US Dollar plays a role. A weaker Rand means we pay more for imported oil. **Beyond the Basics: Taxes and Levies Stack Up** It's not just the cost of the oil itself. Petrol prices in South Africa are burdened by a number of taxes and levies. These include: * General Fuel Levy (GFL) * Road Accident Fund (RAF) levy * Carbon Tax While these contribute to important initiatives, they undeniably add to the pump price pain. *...

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