Fuel levy is going up in South Africa

Motorists will have to pay quite a bit extra for a full tank of fuel come April, after finance minister Pravin Gordhan announced a hike in the fuel levy.

The general fuel levy will increase by 30c/litre on April 5 2017. This will push the general fuel levy up to R3.15/litre of petrol and to R3.00/litre of diesel.

The road accident levy will increase by 9c/litre of petrol and diesel on April 5 2017, the minister said in his Budget speech for 2017.

Motorists have already experienced two consecutive petrol price hikes in the first two months of 2017.

Petrol has increased by 79 cents so far this year, while diesel is already up by 60 cents per litre amid rising oil prices.

The current price for 95 Petrol inland is R13.62, while 0.05% Diesel (wholesale) is R11.63.

Read: A big hike in the SA fuel levy is on the way: analysts

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Fuel levy is going up in South Africa