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Africa|Energy|Power
Africa|Energy|Power
africa|energy|power

HIKES & LEVIES

23rd April 2021

By: Darlene Creamer

     

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The fuel price and power tariff hikes implemented at the start of this month bring back painful memories of surging energy prices ahead of the Covid-19 pandemic. They have also placed the spotlight on the additional taxes and levies that are included in South Africa’s fuel prices, as well as the pace at which these have been rising. Government’s increasing reliance on fuel sales for tax revenue could become precarious in the years ahead as South African motorists begin buying electric vehicles at scale.

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