n Tax Breaks Newsletter - More fuel price hikes loom : Budget 2014
|Article Title||More fuel price hikes loom : Budget 2014|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Mar 2014|
|Pages||5 - 6|
Consumers should brace themselves for more fuel price increases in the coming months. Although the rand gained some ground to the dollar in the days leading up to the Budget, figures from the Central Energy Fund (CEF) show that the average under-recovery on 93-octane fuel has been just over 32 cents during the first few weeks of February, which suggest that the petrol price rise again in March.
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