Tag: General Fuel Levy (GFL)
Budget sparks green transition – corporates must now take the lead
The 2024 South African budget speech from Finance Minister Enoch Godongwana shows sustainability taking centre stage. The national budget’s clear reprioritisation towards electric vehicles demonstrates that government is walking the talk on emission reduction and cleaner transport.
Investment considerations on recent fuel price increases
South African fuel prices increased again on 3 November and petrol price is now at 33.9% this year with the Automobile Association of South Africa (AA) warning that R20 per litre could still be on the cards for by year end. The main reason for the pressure on local fuel prices has been a sharp increase in the brent crude oil price over the past few months.
