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Western Cape commends compliance during busy Easter period

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… reduce travel costs for operators, especially amid rising fuel prices. Western Cape Mobility MEC Isaac Sileku commended …

Fuel price mechanism under review

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… of Mineral and Petroleum Resources is reviewing the local fuel price mechanism with the process to be completed in … next year. This according to the department’s Director of Fuel Pricing Mechanism, Robert Maake, who spoke to … in Pretoria on Tuesday. Maake explained that the price of fuel is the end result of a multitude of global and domestic …

Fuelling dignity, one refill at a time

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… customers can refill as they can afford. If you go to a fuel station to fill a 9kg cylinder, it will cost you about …

Ministerial task team appointed to coordinate impact of Middle East conflict

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… war in the Middle East which has triggered rising costs of fuel. This according to Minister in the Presidency, Khumbudzo … across the world, consequently triggering increased local fuel prices. The task team comprises of: Minerals and … manner to mitigate the impact on the cost of living, fuel and food security. “As an immediate intervention, the …

Siyabonga, South Africa! SARS collects historic R2 trillion net revenue

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… and excise fraud, under declaration, counterfeit trade, fuel and tobacco syndicates and organised tax crime. “People …

Uber’s R5bn pledge highlights how SAIC investments translate into jobs for citizens

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… at lowering barriers to entry through incentives such as fuel support, vehicle financing models and partnerships that …

How the Basic Fuel Price is calculated: A breakdown

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… paid at the pump is far more than just the cost of the fuel itself, but the end result of a multitude of global and … overheads and entrepreneurial compensation. The General Fuel Levy: A tax collected on every litre of fuel aimed at funding general government spending. The Road …

Fuel levy cut aimed at cushioning fuel price blow

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… have announced a temporary R3 reduction to the general fuel levy. The measure, which is effective from today is … motorists while maintaining the stability of the country’s fuel supply system. The reduction means that the fuel levy will fall from some R4.10 per litre to R1.10 per …

President holds bilateral meetings with global and local industry leaders at SAIC

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… Discussions included hybrid electric and hydrogen fuel cell technologies, local battery assembly and supplier …

Godongwana: R3 fuel levy relief to cushion South Africans  

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… decision to introduce a temporary R3 per litre fuel levy reduction is aimed at cushioning South Africans … oil price pressures.  The R3 per litre reduction in the fuel levy announced today, is aimed at lessening the impact of severe fuel price hikes, that come into effect tomorrow.  Speaking …

Petrol, diesel prices announced

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… the introduction of a temporary R3 decrease in the general fuel levy. Prices were widely expected to increase steeply as … These factors led to higher contributions to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by … per USD. “This led to higher contributions to the Basic Fuel Prices of petrol, diesel and Illuminating Paraffin by …

Treasury, DMPR introduce measures to cushion global fuel increases

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… have announced a temporary R3 reduction to the general fuel levy to mitigate the effects of rising fuel prices – bringing some relief to motorists. The price of … the world and consequently triggering increased local fuel prices. “Recent data from the Central Energy Fund Group …

NYDA calls for a youth-centred economic response

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… to rise temporarily due to higher energy prices, with fuel inflation projected to increase sharply in the coming …

Repo rate remains unchanged at 6.75%

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… We expect headline will soon accelerate to around 4%, with fuel inflation over 18% for the second quarter. Our baseline …

Department sets record straight on "working from home" remarks

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… reports that reference remarks made by the Director of the Fuel Pricing Mechanism, Robert Maake,  suggesting that … from home could help employees manage the impact of rising fuel costs. “The department categorically states that these … response to a question from the floor during a workshop on fuel pricing mechanisms.  “In that context, working from home …

Minister Mantashe assures SA that fuel supply remains stable

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… called on South Africans not to panic as the South African fuel supply remains stable. The Minister was answering questions in Parliament on Wednesday. Fuel supply security has come under scrutiny following … supply is secured “until the end of April, including jet fuel”. “Jet fuel…has been announced as short. It is not …

Government and industry reassure public of fuel supply

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… Association has moved to assure South Africans of a stable fuel supply, with no need for consumers to panic buy. “The … the public to rush to filling stations due to a perceived fuel shortage and anticipated fuel price increases.  The Department and Fuels Industry …

SA transitions from exporting raw materials to building industries 

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… supply chains, including electric vehicles (EVs), hydrogen fuel cells, and battery storage. “These strategies aim to …

eThekwini maintains financial stability, despite revenue pressures

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… processes, leveraging the use of technology to prevent fuel theft and misuse of municipal vehicles, and conducting …

Fuel supply stable in the immediate term, says DMPR

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… South Africans can be assured that fuel supply in the country remains stable in the immediate … wishes to assure all South Africans that the country’s fuel supply remains stable in the immediate term, … supply risks,” the DMPR said in a statement. Furthermore, fuel consignments scheduled for this month and April were …