ICYMI Finance Minister Enoch Godongwana has proposed that the general fuel levy be temporarily reduced by R1.50 per litre amid record petrol and diesel prices. The reduction will be from 6 April to 31 May 2022.
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Minister of Finance announced a temporary reduction in the general fuel levyMinister of Finance Enoch Godongwana has announced a temporary reduction in the general fuel levy for two months. Godongwana announced an emergency intervention which will see the general fuel levy reduced by R1.50 per litre. Godongwana made the statement before the National Assembly on 31 March 2022.
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Finance minister tables proposal to lower general temporary fuel price leviesThe reduction is expected to support motorists ahead of the expected fuel hikes in the coming months.
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Godongwana announces temporary reduction in fuel levy for 2 monthsSome relief for motorists as Minister of Finance Godonwana has on Thursday afternoon announced temporary reduction in general fuel levy for two months.
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Finance minister Enoch Godongwana proposes temporary reduction in fuel levyFinance minister Enoch Godongwana on Thursday proposed that the general fuel levy should be temporarily reduced by R1.50 per litre.
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Reduced fuel levy to be funded by sale of strategic crude oil reserves, says finance minister Enoch GodongwanaThe intention of the proposed reduction in the general fuel levy for two months is to support a phasing in of the fuel price increases expected in the short term.
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Could a fuel 'tax holiday' be the temporary relief South African motorists need?South African motorists are feeling the April heat after the latest data from the Central Energy Fund (CEF) revealed that the country might be faced with a petrol price increase of more than R2. But could a temporary ‘tax holiday’ or exemption on the country’s fuel products be the relief motorists need? This was recommended by Parliament’s Portfolio Committee on... Read more →
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