Wednesday, March 31, 2010

Consumers hit by series of blows

By NEWSTEAM
31 March 2010


The Energy Department has confirmed that the price of petrol will rise by between 48- and 49-cents a litre on the 7th of next month.

The diesel price will be increased by 48-and-a-half-cents a litre. The retail price of paraffin will rise by 28-cents a litre.

The biggest part of the fuel price increases is the result of levies and taxes announced by Finance Minister Pravin Gordhan in his budget.

Newsflash reports that hard-pressed consumers are bracing for additional blows, with the first of three 25-percent-a-year Eskom electricity tariff increases taking effect tomorrow.

Municipalities that supply electricity direct to consumers are expected to increase their charges from July.

Metrorail’s train ticket prices go up from 15- to 20-percent tomorrow and motorists have also been hit by sharp increases in road tolls countrywide.

In addition, airport taxes are expected to rise by 133-percent in August.

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