Cape Chamber welcomes fuel levy plan

THE CAPE Town Regional Chamber of Commerce and Industry has welcomed the government plan to give provinces and municipalities a share of the national fuel levy as an alternative to a provincial fuel tax. “This is a much better idea than allowing provinces to set their own fuel taxes,” said Dr Gerald Wolman, president of the Chamber. “It should be a more efficient and fairer system but we must now insist that these funds from the national fuel levy are ring-fenced and used only for road and transport spending. We don’t want them being frittered away in general revenue spending.” Petrol and diesel costs were at an all-time high and transport operators and motorists were very aware of the fuel taxes they were being asked to pay and there were strong feelings about how this money was being used, he said.