Plan to cut petrol prices by 22% in South Africa

• The Automobile Association supports Finance Minister Enoch Godongwana's plan to phase out fuel taxes in South Africa, saying it is long overdue.
• Fuel taxes in South Africa bring in approximately R80 billion, while the RAF levy is funding the struggling insurance model.
• The AA believes the government needs to review the basic fuel price formula in public to ensure it is up to date and suited to the country's needs.