Levies and taxes now make up a third of the cost for every litre of petrol South Africans buy.
Fuel taxes and profit margins in South Africa have tripled over the past 15 years, with the various levies and retail and wholesale margins now making up 45% of the total fuel price.
The BFP — the cost of the petrol before any money is spent on the many other taxes and levies applied. The chart below shows how margins and taxes have inflated the South African fuel price over the years. It excludes the basic fuel price.Despite a slight decrease in the fuel levy in 2022/23, the tax has almost tripled since 2008/09.to R1.50 per litre from April to June 2022 and by R0.75 in July 2022 to provide relief from rising fuel costs resulting from the Ukraine war.The charge per litre sat at R0.47 in 2008/09, which has since risen to R2.18 — an increase of almost 364%.
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