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Levies to push up petrol price

The general fuel levy will increase by 20 cents a litre of petrol and diesel from April 4. An increase in the Road Accident Fund levy would add a further eight cents to the price of a litre of fuel, the Finance Minister Pravin Gordhan said.

The levy on electricity generated from non-renewable sources would increase by one cent a kilowatt hour on April 4.

This levy would replace the current funding mechanism for energy-efficient initiatives such as the solar water geyser programme.

Gordhan said the electricity levy would likely have little overall impact on tariffs.

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