Fuel levy reduced to cushion consumers

Posted in Home

BONUS - RUSTENBURG - South African Finance Minister Enock Godongwana has tabled a proposal that will see the fuel levy being reduced by R1.50 cents per litre.

Speaking at a sitting of the National Assembly on Thursday (31 March), Godongwana said the temporary fuel levy cut will come into effect this Wednesday, and will remain in effect until the end of May.
His proposal will reduce the levy for petrol from R3.85 cents per litre to R2.35 cents per litre, while the levy on diesel will be reduced from R3.70 cents per litre to R2.20 cents per litre.
Godongwana said with the fuel levy reduction being a temporary measure, a broader package of relief measures will be explored, and they will come into effect after the expiry of the two-month fuel levy reduction.