Fuel-efficiency remains the Holy Grail for South African fleet managers with the substantial increase in the fuel levies announced by national finance minister Nhlanhla Nene in his Budget Speech on February 25, 2015.
The increase diminished some of the relief gained by the recent slump in global fuel prices. As the head of Standard Bank's fleet management, David Molapo, said: "The increased levies show how risky it is for fleet managers to become even a little bit complacent about fuel efficiency.”
He was commenting on the overall 80.5c/litre increase in fuel levies.