Silent Goodbye a sad reality. (Mom passes on & leaves small Children)

-
The quiet community of Ngodini, just outside Nelspruit in Mpumalanga, South Africa, woke up to heartbreaking news that left neighbours and relatives in disbelief. Twelve-year-old Ayanda had always been the responsible one. As the eldest of three children, she helped her mother care for her younger siblings, eight-year-old Sipho and four-year-old Amahle. Their mother, Nomsa, worked hard to provide for them, often reminding her children that no matter how difficult life became, they should always love and protect one another. One cold winter morning, the children woke up as usual. Ayanda prepared breakfast while waiting for their mother to get up for work. Minutes turned into an hour, but Nomsa never came out of her bedroom. Ayanda gently knocked on the door. "Mama?" she called softly. There was no answer. She knocked again, louder this time. "Mama, it's morning. You have to wake up." Still, there was only silence. Growing worried, Ayanda tried opening the door. H...
Post a Comment

Expect 'extremely high' fuel price hikes at month end, AA warns

-

 15 Mar

add bookmark

Expect 'extremely high' fuel price hikes at month end, AA warns

Compiled by Carin Smith
0:00
play article
SUBSCRIBERS CAN LISTEN TO THIS ARTICLE
The cost is not only direct, but throughout the value chain, and is battering consumers from all sides, says the AA.
The cost is not only direct, but throughout the value chain, and is battering consumers from all sides, says the AA.
  • The AA warns that petrol is set for to increase by approximately 90 cents a litre, diesel by some 66 cents, and illuminating paraffin by around 62 cents - even before increases to levies are taken into account.
  • The association was commenting on unaudited mid-month fuel price data released by the Central Energy Fund.
  • Either the rand or international oil prices would require a sharp reversal if the picture is not to deteriorate further by month-end.

Expect "extremely high" fuel price increases at the end of March, going into April, the Automobile Association (AA) warned on Monday.

The AA was commenting on unaudited mid-month fuel price data released by the Central Energy Fund.

The AA explained in a statement that steepening climbs in international petroleum prices are being worsened by a dipping rand/US dollar exchange rate. Furthermore, fuel levy increases will contribute to these expected high increases in fuel prices.

"As things stand today, petrol is set for a 90 cents-a-litre rise, diesel for an increase of 66 cents, and illuminating paraffin an increase of 62 cents," the AA said.

These expected increases do not include the 26-cents a litre increases to the General Fuel and Road Accident Fund levies (excluding the one cent increase to Carbon Tax) announced by Minister of Finance Tito Mboweni in his Budget 2020. These come into effect in April. 

"Within the current scenario, with the addition of the levies, petrol is expected to increase by a whopping R1.16 a litre and diesel by 92-cents a litre," said the AA.

With the expected increases factored in, a litre of 95 ULP Inland (currently at R16.32/l) will now cost R17.48/l of which R6.10 will be taxed through the GFL and RAF. This means that at least 35% of the cost of a litre of this petrol will be taxed. 

The price of diesel (currently pegged at R14.12/l) will increase to R15.04 of which R5.96 (including increased levies) will be taxed – at least 40% of the total cost.

"Either the rand or international oil prices would require a sharp reversal if the picture is not to deteriorate further by month-end," the AA said, adding that government can "no longer ignore the knock-on effects of severe fuel price rises." 

"The cost is not only direct, but throughout the value chain, and is battering consumers from all sides. It requires urgent review to help ease pressure on consumers who are battling to stay financially afloat."

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Related Links
Major spike in fuel prices in February
OPEC, allies eye output decision at key meeting
Higher oil prices to drive hikes in fuel from Wednesday
READ MORE ON:
AUTOMOBILE ASSOCIATIONFUEL PRICESFUEL LEVY

Comments

Post a Comment

Popular posts from this blog

MultiChoice’s BEE scheme trying to find 22 000 shareholders who are missing out on millions

-
Image
  USINESS REPORT COMPANIES MultiChoice’s black economic empowerment scheme is looking for about 22 000 shareholders who owned shares and did not receive dividends of R207 million between 2006 and 2020. Picture: Karen Sandison/African News Agency(ANA) MultiChoice’s BEE scheme trying to find 22 000 shareholders who are missing out on millions By Edward West   Feb 16, 2021 CAPE TOWN - PHUTUMA Nathi, the MultiChoice black economic empowerment scheme of more than 80 000 shareholders, is looking for about 22 000 shareholders who owned shares and did not receive dividends of R207 million between 2006 and 2020. “This money belongs to our shareholders. We’re calling on them to contact us to get their money. In these tough economic times we want to do everything in our power to give them what is rightfully theirs,” Phuthuma Nathi chairperson Mandla Langa said in a statement yesterday. Phuthuma Nathi has been paying dividends every year since the start of the scheme in 2006. Am...
Read more

This New Ultralight Aircraft May Be World’s Fastest Single-Engine Business Jet

-
Image
  The speedy LAR-01's automotive interior adds comfort and luxury. Plus: The wings detach, so the jet can be stored in a home garage. By  MICHAEL VERDON           Courtesy Flaris The  Flaris  LAR-01 has a number of striking stats, including being a ton lighter (literally) than its competitors, along with an unusually short-field landing capability, and detachable wings. But its most impressive number is the 250-knot true air speed, which its designers say makes it the world’s fastest business jet among single-engine very light jets and turboprop aircraft. Flaris says recent tests “confirmed the assumptions made previously” about the effectiveness of multiple systems, including its Garmin G600 avionics and Flaris Flight Assistance System flight computer, as well as the landing gear and emergency parachute system. But it also claims more impressive stats like the 250-knot TSA at 10,000 feet. Its 6,000-feet-per-minute climb rate, adds the compan...
Read more

Fighting Drug addiction

-
 Here's the story: We sat down with a man who had a harrowing journey with addiction. He began by telling us about his early days in tertiary education, where he would occasionally smoke dagga with friends. However, his focus remained on his studies, and he worked hard to graduate and secure a qualification. After landing a job, he started building a life for himself. He got married, bought a property, and even splurged on a car. Life was good, and he felt like he was on top of the world. But one fateful night, while out with friends, he was introduced to heavier narcotics. At first, the experience was exhilarating. He described it as an elevation from the mild high of dagga to a level 5 high, where he felt invincible and euphoric. The effects would last for days, allowing him to party from Friday to Sunday without sleep. The problem, however, began to manifest on Mondays and Tuesdays every week, when the withdrawal symptoms would kick in, and he'd struggle to function at work....
Read more