Business a.m.

South Africa’s fuel retailers call for compulsory motor insurance

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the Basic Fuel Price. The RAF levy was set at ZAR2.18 (15US cents) per litre in April 2021 and remains unchanged in the 2022 financial year.

The levy amounts to more than 10 percent of the fuel price and contribute­s close to ZAR45bn ($3bn) a year to the RAF.

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