Understanding How Petrol Prices Are Calculated in South Africa ⛽

Let’s face it - the recent petrol price hikes are causing quite some alarm amongst us South Africans. But, because we believe that knowledge is power, we're taking a look at just how the petrol price is made up.

Basically, the petrol price is made up of 3 elements:
1. Contribution to basic fuel price (45%)
2. Margins and storage (18%)
3. Government Levies (37%)

We hope this video will help you better understand these 3 elements and we invite any feedback or questions from you.
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