Fuel Costs - South Africa
Every first Wednesday of every month the fuel price
goes up, occasionally coming down. Fuel prices has gone up by 25% in any
given month, equivalent of 300%/year- to give you an idea of possible
inflation. Petrol used to cost US$ 0,40/l in June 1995; now costing US$
0,76/l. But in ZAR the fuel price currently (1st week April 2009) stands
(1 US$ = ZAR 9,78) In June 1999 the price was R2,23/l, US$ 0,36/l.
Look at http://www.dme.gov.za/energy/liquid_prices.stm
, and you will see the basic fuel price is R3,81/L of R7.07(March 2009),
or 54% of the streetprice. The rest are taxes, levies, road accident fund,
margins and delivery. The tax is R1,27/L customs 0,04/L & RAF 46,5/L,
26,5% of the user end price. Fuel at the coast is of course slightly cheaper,
as there are no transport costs.
Also look at Inflation