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 at R7,38/L. (1 US$ = ZAR 9,78) In  June 1999 the price was R2,23/l, US$ 0,36/l.
That is equal to an average of 8 % + increase year on year in $ terms ( June 99 - April 2009)!
.

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

adventure travel africa
 806 Unit 2, Mogwase, Pilanesberg 078 618 8675
PO Box 250 Sun City, 0316 - Updated  April  2009
wom@mweb.co.za