South African motorists pay R12.81 per litre before getting a single drop of petrol

• South African motorists pay R12.81 per litre in taxes, levies, and regulated margins before buying a single drop of actual petrol.
• International oil prices and a weaker rand have driven petrol and diesel prices to record highs in recent weeks. The Organisation Undoing Tax Abuse (OUTA) recently outlined how these administered elements now account for a large share of local fuel prices. These elements account for 41% of the final price paid by motorists at the pump, leaving only 59% of the money spent going towards actual fuel.
• The money generated by the GFL is not ringfenced, with the government free to use it however it wishes. Thus, as it came under financial pressure, it used the GFL as a release valve.