Fin24

Motorists hit by huge petrol price hike

2012-03-30 15:04

Johannesburg - Motorists are in for a steep rise in fuel prices ahead of the Easter holidays next week.

In Gauteng, 95 octane fuel will go up by 71c/l to R11.94/l and at the coast by 66c/l to R11.59/l.

The 20c/l fuel levy announced by Finance Minister Pravin Gordhan has been included in this month's price rise.

Diesel will go up by 47.6c at the coast and by 51.9c in Gauteng, bringing the price to R10.64/l and R10.88/l respectively.

Comments
  • Bryden - 2012-03-30 15:08

    We are getting robbed at every turn up here in Gauteng, owning and operating a car is becoming a serious expense these days...

      Rodney - 2012-03-30 15:37

      E tolling is soon not to be a proplem, no one will be able to afford to drive through them .

      justin.schonegevel - 2012-03-30 15:50

      at NrGx Cost of Crude increased $20 Dollars in effect since Dec. rand has only slid 20 - 50c and it depends on which day the government buys it's fuel. Secondly Levy + road accident fund was 28c. The government uses a calculation of over and under recovery which is saying over time this new price should cover future supply. It is simply supply and demand. Add that we import our oil from Iran and we have to change our supply add extra $30 in next few months as US put imbargos in place. Meaning less supply in the world.

      NrGx - 2012-03-30 15:58

      @justing - thanks for the explanation. S basically you are saying is we shouldnt see another price hike this year because they have already calculated the price which will cover the future demand? Or will the next price hikes (very likely) be based on the crude oil and dollar rate?

      Wimpie.Haefele - 2012-03-30 16:03

      They can atleast have the decency to lube us before screwing us over. At the very least provide us with an alternative mode of transport as we can't afford this any longer.

      NrGx - 2012-03-30 16:05

      @justin - Oh i see, so basically because of the sanctions / embargos, there is less supply, hence the consumer pays more for a reduced supply. Taking this into account and the governments calculation of over and under recovery, is the reason it is such a massive hike? Does it not make sense in saying that the country (such as the US) place such a burden on other countries because of the sanctions, they would need to subsidize the effected countries fuel costs?

      Erich - 2012-03-30 16:13

      This astronomical increase is going to hit everyone hard - from the rich to the poor. How long are we still going to accept this kind of exploitation. It is time that all we law abiding citizens say 'so far and no further'. The fuel price is loaded with all kinds of levies and the government should now realise that civil unrest is round the corner. Mr Gordhan, rather lower the price now and cut state spending and stop playing Santa Claus in Africa. The government failed dismally in its duty to provide affordable public transport and should now take responsibility - even if it means taking a pay cut and set the right example.

      Ronald - 2012-03-30 16:30

      @Justin. What really irks me is that the cost of fuel is calculated on the landed cost of refined fuel, petrol and diesel. The cost of transporting refined fuel is drastically more than less volatile crude.

      Zander - 2012-03-30 19:51

      Just remember this isnt only SA, the uk is paying around 141.31p or 1.4 pounds per leter of petrol. Which is about R20. Now before you say I dont realize the impact, I do. Im just mentioning it. Its a universal problem, our biggest problems is that our road fund is being used for personal gain and not what its there for. Also our Rand is weak and we dont have a public transport system that works. Sad days ahead.

      Gavin - 2012-03-31 15:27

      House prices will now start to tumble as the screwed get more screwed...!!! Go the Petrol Price Go...!!! Time to buy a good house cheap as some desperate mug sells because he over indulged...!!!

      Michael - 2012-03-31 21:00

      Feeding CORRUPTION! WTF is going on?

  • Noeleen - 2012-03-30 15:11

    OMG...when will this ever end???

      bluzulu - 2012-03-30 17:03

      When the world embraces new energy resources and stops being bent over a barrel of crude oil.....Thanks US....Thanks RSA government for pandering to the West....THANK YOU INDEED

  • Bryden - 2012-03-30 15:11

    To add to my other comment what is worse is that as the fuel price increase and tolls are introduced the poor guy in his golf is getting hit harder than the guy driving the merc as these costs make up a higher percentage of his overall cost... totally regressive against the poor these rising costs

      Sulaiman - 2012-03-31 13:08

      Yes, that is true. The rich keep on driving in their fuel guzzling super cars.

      Sulaiman - 2012-03-31 13:27

      That is true. More space for me on the road.

  • rozkloka - 2012-03-30 15:11

    Question..... in PMB we are already paying R11.02c per litre.... how does R11.02c + 66c = R11.59????

      Pam - 2012-03-30 15:18

      Depends who's doing the sums!

      clivecorbz - 2012-03-30 15:46

      Because Pietermaritzburg is not on the coast.

      rozkloka - 2012-04-02 13:25

      @clivecorbz - Actaully PMB is in a Coastal "Province"... we "Should" be paying the same as DBN....

  • calliedj - 2012-03-30 15:11

    Eventually we will use mostly electric cars for daily commuting, I hope this will bring the fuel costs down for the fuel we will still need for our long-distance fossil-fuelled second car.

      Anthony - 2012-03-30 15:37

      have you forgotten escom will supply the power!!!!!

      Thami - 2012-03-30 17:39

      @William, that's the thing, we not going the battery charging route instead we using little bit of fuel to go very far with electric motors. Hence I'm saying hybrid conversion and pure electric conversion.

  • navarrocarly - 2012-03-30 15:12

    Yeh they know E-Tolling aint gonna work, other ways steal... ;(

  • Msika - 2012-03-30 15:13

    Screw this!!

  • jacques.c.smit - 2012-03-30 15:13

    SCREW THAT, IM GETTING A BIKE...

      louis.langenhoven - 2012-03-30 15:22

      Uhmm maybe I should get a smaller bike...

      Juan - 2012-03-30 17:10

      Maybe a bicycle?

      jacques.koorts - 2012-03-30 18:44

      better yet, renegotiate your contract and work from home

      Willem - 2012-03-31 09:31

      can't even ride bicycle's really anymore. You either get driven off the road or bike-jacked. Can't win.

  • Jaba - 2012-03-30 15:14

    Thank you Iran... Why go and build a bomb you crazy fundamentalists.

  • Jacque - 2012-03-30 15:14

    the first of many more hefty ptice hikes, more money for the anc to pocket...

  • Sheralee - 2012-03-30 15:15

    Govt should reduce tax on fuel.

      Jaba - 2012-03-30 15:22

      As long as it is mentally impossible for the typical man on the street to vote for anything other than ANC, our taxes will only increase. Someone has to pay for our “give me – give me” culture. There are hardly any new companies or factories opening up – many are shutting down, thus SARS is collecting less – the only way for government to maintain their BMW monthly-repayments is through E-Toll, Fuel levy and other taxes.

      wvongruning - 2012-03-30 15:28

      Believe it or not but there are actually some countries in this world where the price of fuel is subsidised! For example Nigeria, Mexico, Indonesia and Malaysia. Believe me I don't want to move there but the way things are going now I might want to! lol

      Ronald - 2012-03-30 16:36

      Jaba, in fact two weeks ago it was reported that more than 420 000 companies and small businesses had closed down in the past two years. That equates to more than 5 Million job opportunities lost. While this poor orphan(the voters) keep quiet about the abuse we are getting, the situation will keep on escalating.

  • Palu - 2012-03-30 15:17

    this is going to pop the economic recovery, if that is what you can call it!!! many, many,many more businesses will close!!! poverty here we come!!!

      robqb - 2012-03-30 16:44

      Wot do you mean by "poverty here we come"? I think we're there already. By the way, I'm not including our ANC cronies.

  • Mashudu - 2012-03-30 15:17

    now this is too much honestly.

  • Doyle - 2012-03-30 15:19

    Why dont they just stop having weddings, buying cars and houses, and put the money towards the country!!!!!!!

      Jaba - 2012-03-30 15:25

      Absolute power corrupts absolutely.

      Ronald - 2012-03-30 16:39

      Don't you know what the nickname of the SA voters are in the corridors of power? It is known as "ANC OTM's".

  • Daryl - 2012-03-30 15:20

    Time to sell the wheels and buy a donkey!

      Jaba - 2012-03-30 15:29

      I remember back in the day in Zimbabwe, before we used candles for lighting purposes, we used to have this amazing invention called electricity.

      robqb - 2012-03-30 16:46

      Good idea, until they tax you on the hay/straw/grass that you're going to need for "fuel"!

  • Jacqueline - 2012-03-30 15:20

    Goverment is raping Us like you cannot believe

      Oom - 2012-03-30 19:57

      Just for how long are we still going to put up with this crap? When are we gonna say enough is enough.....

  • Pam - 2012-03-30 15:21

    There argument will be "but we didnt increase the repo rate, people"

      David - 2012-03-31 17:28

      Oh, they will. Higher fuel prices mean increase in prices overall. Remember, goods like food etc. need to be transported. Now higher prices mean INFLATION and what does the Reserve Bank do to fight inflation. YES, INCREASE the repo rate. :-)

  • Jacqueline - 2012-03-30 15:21

    I Think we should Blow up the parliment

      Anthony - 2012-03-30 15:39

      lol at jac

      Ronald - 2012-03-30 16:41

      With all the hot gas being produced there, it should be easy, or might be a sustainable energy source for SA because of the volumes produced.

      robqb - 2012-03-30 16:47

      To be covered in what? Aren't we in it deep enough?

  • Leaveil - 2012-03-30 15:23

    Only in South Africa...

  • mullerand - 2012-03-30 15:25

    Could this be an early Aprol Fools Joke??? If not, then I have to explain to my kids why only they eat and mommy and daddy don't... I am middle class and our jobs don't crease salaries accordingly...

  • Leaveil - 2012-03-30 15:25

    Why doesn't Government just take it all??? That seems to be what their plans are we can do all the work and they can have every cent of our salary every month. Atleast then we'd know exactly where we stand!

      Rob - 2012-03-30 15:56

      Governments often believe that they own it all already. Consider the total taxrs on your income/expenditure...then consider the net negative effect of inflation vs interest on anything that you are lucky enough to be able to save. Then work out how much will be left after you die. Not only that, but guess what they will pay you if they want to build a road next to or through your property. Makes you think, don't it?

  • Adrian - 2012-03-30 15:29

    99c in 2 months ... Even as a motorcycle rider - it's getting ridiculous !

  • sbonelo.s.ngwenya - 2012-03-30 15:33

    Petrol and E-tolling - hmmmmmmm yummy!

      JNaMolefe - 2012-03-30 15:41

      yummy? i think you are the one of E-tolling supporter... Its not funny!

      stefanie.fourie - 2012-03-30 15:51

      @JNaMolefe I think sbonelo was being sarcastic.....

  • quinton.curry - 2012-03-30 15:34

    Please let this be an April Fools joke...

  • Abdul - 2012-03-30 15:36

    Driving is an art....the way you drive could ensure you save petrol AND your behaviour on the road ensures you DRIVE TO STAY ALIVE......stay alive on the roads this easter. Go take a look at the wbesite fatalmoves dot com

      jamesrw.wadsworth - 2012-03-30 15:49

      What art, if you are stuck in traffic on the I cannot believe how fast I got home okay roads, you are burning fuel. no matter what, we are paying a hell of lot more and it is destroying this country, it's people, the tax payers. We need a regime change, with intellectuals who know how to run things, not those who take as much as they can at our expense.

      robqb - 2012-03-30 16:53

      @ Abdul. I agree. But please tell me how to get more than 16.45kms/l. I would really love to know.

  • Serame - 2012-03-30 15:39

    This is DAY-LIGHT ROBBERY..We are being milked lift,right and centre...What happened to SASOL..Whats the point of having them..they are useless..i was of the view that since we can produce fuel in our country through "SASOL"..we would not be controlled by BRITISH PETROLIUM "BP"and CALIFORNIA TEXAS "cALTEX"...and on top of all this nonsese ..we still have to pay toll fees....Aishj...I think im gonna get myself a beautiful horse..

      Ronald - 2012-03-30 16:50

      Careful with the horse, you will be taxed according to the volume of greenhouse gas it produces, a hoof and horseshoe tax to fix the veldpaadtjies, a levy on the bales of grass sold and estimated use of natural grazing, another horseshoe tax for recycling old shoes, as well as a tax to subsidy the horse and donkey carts used for public transport. I have not even addressed the licencing problems and stabling fees!

      robqb - 2012-03-30 16:56

      @ Serame. Check my reply to Daryl, above

  • JNaMolefe - 2012-03-30 15:39

    I hate this! Its annoying and irritating me!

  • Ronald - 2012-03-30 15:43

    Yet it appears that this new price will still not be high enough to deter the car buying public to buy SUVs, bakkies as commuter vehicles, large capacity (V6 and V8) engines and worst of all drive digitally between traffic light as if the fuel in their tanks costs nothing at all! When we see the reduction in SUV sales and significant uptake on 1L small city roundabouts then we know the price of fuel is really hitting the pocket.

      Allstar - 2012-03-30 16:07

      Your comment/s has zero value when measured against the necessary and regulated input of those elected to oversee (in favour of the citizen) what is necessary and needed to progress.

      Ronald - 2012-03-30 16:53

      Hell, it is not for the lack of trying from government, eh Ronald. To everybody reading this, I am not talking to myself.....or am I?

      Allstar - 2012-03-30 17:59

      So, if we stop buying new cars, everything will be alright?

      Rob - 2012-03-30 18:00

      I'm seriously thinking that my small runabout is just not up to dealing with the potholes....catch 22, heads we lose, tails the government wins

  • lmapheto - 2012-03-30 15:43

    Fuel Levy? Why cant we have fuel subsidy? Forget that...lets buy fuel from SA fuel outlets and see how much it will affect the Minister and OPEC greedy decisions...once again i am for DECLARATION OF IND......

      Konstabel - 2012-04-02 16:09

      Fuel at all outlets (including SASOL) contains a mix or imported and local oil. So neither the minister nor OPEC care which outlet you buy fuel from. The people you would affect most is the station owner who only gets a relatively small share of the money and is most probably a South African.

  • senny.tloubatla - 2012-03-30 15:45

    Eish ya, it is bad.

  • Allstar - 2012-03-30 15:45

    Now This Is Funny!! 15 Years ago,(and prior), all the petrol for SA petrol stations came from Sasol..1..2 and 3. Not reliant on global Oil Prices. Now I am willing to bet ..... all SA's petrol still comes from Sasol. Nothing to do with the price of 'Oil per barrel'. The goverment(read.. anc) have control of 60% of Sasol!!! Whose making money!! kaching..kaching..kaching.. And here we go again..kaching...kaching... keep on paying boys and girls......

  • Butters71 - 2012-03-30 15:49

    Looks like the ANC wont be in power after the next election

      Jaba - 2012-03-30 16:00

      From your keyboard to God’s ears.

      robqb - 2012-03-30 16:59

      Wanna bet?

      Stanley - 2012-03-30 22:01

      I wish that could be the case,but unfortunately the ANC has too many uneducated voters...I mean...what educated person wwould vote for a party who's members are hugly involved in corruption, live lavish lives,do not deliver on basic services,lie about their qualifications when applying for a post...etc.

  • Paul - 2012-03-30 16:07

    Now lets ask the USA to subsidize our fuel now that we are not allowed to purchase discount oil from Iran.

      Oom - 2012-03-30 20:02

      The US is flat broke as well, even their people are up in arms over gas prices

  • astotus.pielatis - 2012-03-30 16:08

    TIP: Only put R100 in at a time like before, that way the increase won't affect you. ;-)

      Michael - 2012-03-31 06:54

      That was a hoot astotus - with only R100 in the tank now you'd better not keep the car idling 'cause you won't make it back to the street

  • Matase - 2012-03-30 16:19

    can some1 please tel me the hw sasol is affected by oil hikes n y they nt comin 2 our rescue

      Willem - 2012-03-30 17:14

      because sasol is controlled by the government althou sasol is privately owned the government still makes the rules cause they get a cut out of it.

  • allister.keay - 2012-03-30 16:24

    The problem is that the government can't grasp or understand that it bankrupting the rural areas of South Africa; Pravin Gordhan is going to get his money in on the one hand and will have to budget 3 times more on the other hand to bailout failing rural municipalities. What did Forust Gump say; "stupid is as stupid does."

  • barry.visser1 - 2012-03-30 16:27

    FML

  • Brigitte - 2012-03-30 16:37

    Most of the petrol price is tax and levies. Reduce the taxes/levies by at least R4 or R5 per litre. Then - increase VAT to 20 or 25% on luxury vehicles costing over R200000 or R250000 - this may also stimulate the small family car market as well. Increase VAT on electronic 'toys', playstations, Wi etc etc to 20%. Not on computers though as students need them. At least let the rich pay for their luxuries and let those of us no so fortunate have enough money to live on!

      robqb - 2012-03-30 17:04

      @Brigitte. My dear, I couldn't agree more. Also have an escalating price on fuel. The more "horses" under the bonnet, the higher the price of fuel!

      Reza - 2012-03-30 21:53

      @Brigitte. While I really do understand your point and do sympathise we cannot keep squeezing more and more out of the honest and hard working people that are well off. Remember that these are the people that are keeping the economy afloat and this is where the majority of the tax revenue comes from. They are already paying a higher marginal tax rate of 40% of the income they make over and above what the less fortunate are making. If we continue to single them out even more, they will simply say enough is enough and leave and they are in the best position to do that and they will take all their assets with them.

  • Share Godsword - 2012-03-30 16:42

    HE still got the whole world in his hand.

  • boonzaierj - 2012-03-30 16:43

    why are all the white people saying government and sa look at the price of fuel everywhere its gotten more expensive. The price of fuel is directly effected by oil cost. There is a period where reserves will keep the prices "stable" but then it has to increase you should blame the US and Israel for strong arming people like SA into stopping importing of Iran oil.

      Brigitte - 2012-03-30 17:05

      @boonzaierj - the bulk of the petrol price is NOT the actual fuel but taxes and levies to pay for goodness knows what - supposed to be roads? Probably the cost of the actual fuel is less than R3 per litre.

      Toofaan - 2012-03-30 17:37

      It may not be as extreme as Brigette suggests, but she is absolutely right otherwise. The point is that it is the government that takes a large slice of the pie and we (the taxpayer) are not made aware of where these levies and taxes really go. I sincerely hope that it's not only white people who complain. This affects everyone. Lets not go into the US/Israel politics, but fact is that Saudi has already committed to making up any Iranian shortfall - this is a deliberate red herring in many ways. You're right in that the oil price has gone up, but the price we pay in SA is not what its should be in a free transparent open market. Too many hidden fees in there and by hidden I mean that u will never see where the money goes.If the government really cared about the taxpayer and managed their revenue properly, the cost of fuel could be lower.

      bluzulu - 2012-03-30 18:53

      The main reason RSA id being screwed is due to the criminal undervaluing of the Rand.

  • rnbrownley - 2012-03-30 16:43

    Ok, this is plain greediness! It seems all the government does is take our money and make their pockets bigger.

  • Trevor - 2012-03-30 16:51

    ANC will now see a revolt...

      robqb - 2012-03-30 17:09

      The Gov can do as it likes because it knows that the people voting for them do so because the Gov got them out of the shackles of apartheid. The people are too scared to go against them for fear of reprisals.

  • bluzulu - 2012-03-30 17:00

    Owning a Private vehicle is a luxury tehse days. RSA pandering to the US....here are the results.

  • Tony - 2012-03-30 17:10

    This government is out to tax us to death. PAYE, Vat, petrol levy, tolls, uif, Capital gains tax, dividends tax, sin tax, etc. All proceeds abused in some way to fund the extravagant gravy train!

      Stanley - 2012-03-30 21:53

      You couldn't have said it any better! I agree 100000000000000000000%.....i think u should repost this,but in CAPITAL LETTERS!..lol

  • Justin McBride - 2012-03-30 17:13

    Its to cover for the E tolling debacle using our suggestions but pretending not to so it will try to get borh

  • Morne - 2012-03-30 17:20

    Surely with all these increases and with the view of being honest to the paying public in a government controlled market (fuel industry), we should know exactly at what cost petrol is imported/manufactured and how much, and what for, levies, taxes and 'profits' are added to this price?

  • Paul - 2012-03-30 17:21

    A small light on fuel car plus a Vuca scooter is the answer to these rising prices that will probably never stop.

  • Mandu - 2012-03-30 17:23

    *sigh* Tough, very tough.

  • sampson.mamphweli - 2012-03-30 17:34

    When America says JUMP, we ask how high, and then they say as high as... and we do it. This petrol hike is because we are no longer importing oil from Iran, and now we are given a different explanation, good for us.

      Shiven - 2012-03-30 21:36

      america is doing a wrong thing by threatening other countries, just coz they have a say in our economy. They making sa citizens suffer, i say we shall get oil from iran

  • Sharon - 2012-03-30 17:42

    Rising fuel prices is the BIGGEST threat to the global economy.

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