Petrol price set to increase by midnight on Tuesday
As South Africans prepare for hike in value added tax (VAT), a hike in fuel prices kicks in on Tuesday night.
Motorists will have to pay 72 cents more for 95 octane, while 93 octane is going up by 69 cents from midnight.
Spokesperson at Automobile Association Layton Beard says this is a significant increase and comes off the back of an increase in international petroleum prices including other factors.
Even with that small increase, the VAT would have effected it going into April. The biggest bulk of the increase is due to the 52 cents a litre increases in the general fuel levy and the Road Accident Fund levy. So those indirect taxes really are comprising a big portion of the 72 cents we are going to see come 12 o'clock tonight.Layton Beard, Automobile Association
The 1% point increase in VAT is obviously coming in at a time when these increases are coming into effect, so it's a double whammy for consumers.Layton Beard, Automobile Association
Click on the link below to hear Beard's suggestions on how to save money on petrol...
Bruce Whitfield interviews Vusi Thembekwayo about his attitude to money (hopes and fears, successes and failures, etc.).Read More
"When your thoughts are centred around the meaning of your life, you unleash immeasurable power,” says author Richard Wright.Read More
Azania Mosaka speaks to registered dietitian Dr Chantell Witten about breastfeeding and precautions moms can take amid COVID-19.Read More
Mandy Wiener and her entertaining guest panel will share their experiences - and thankfully some great advice - around homeschooling.Read More
Nina Hastie says we've been duped into thinking that the productions that we see on TV are drama series. 'No, they are not.'Read More
Masodi Organics founder says buying local products elevates, quite literally, a product from the bottom of the shelf to the top.Read More
Refiloe Mpakanyane speaks to Weekend Breakfast resident medical doctor and Proactive Health CEO Dr Fundile Nyati for more on this.Read More
Chef and businessman Tiisetso Sebola says the sauce can be used in any occassion.Read More
On The Money Show, finance expert Warren Ingram explains why he believes the pros of the regulation outweigh the cons.Read More
TBCSA CEO Tshifhiwa Tshivengwa responds to new measures that allow intra-provincial leisure travel and accommodation bookings.Read More
The process to recover the looted billions has begun. Bruce Whitfield talks to Steven Powell, Director in Forensics at ENS Africa.Read More
EWN reporter Veronica Mokhoali says Wise 4 Africa supports Norma amid malicious damage to property and crimen injuria charges.Read More
Spokesperson Brigadier Hangwani Mulaudzi explains why his department apprehended her and says nothing was wrong with the action.Read More
President Cyril Ramaphosa pained by 'a businessperson who can inflate the price of a surgical mask by as much as 900%'.Read More
Clement Manyathela facilitates a conversation on the governing party's corruption allegations against its members.Read More
The Office of the Deputy President has received numerous calls from concerned South Africans regarding his health status.Read More
The last few weeks have seen numerous allegations of corruption leveled against senior party members.Read More
President Cyril Ramaphosa reiterates that they have empowered law-enforcement agencies to probe reports of alleged corruption.Read More
Minister Masondo defended his actions to the ANC’s integrity commission on Friday after it recommended that he step down from both his positions in government and within the party.Read More
EWN reporter Theto Mahlakoana and ISS's Johan Burger reflect on the recent crime statistics released by the police ministry.Read More