South Africa’s (SA) Finance Minister Enoch Godongwana is expected to make an announcement this Tuesday regarding the extension of the temporary fuel relief that was implemented in March.
That’s after government reduced the fuel levy by R3 ($0.18)a litre, from May 1.
Godongwana told the National Assembly last week that he’s applying his mind regarding the issue of high fuel prices.
The United States-Israel war on Iran has resulted in increased risks to global energy markets. This led to requests for government to extend the fuel relief for the duration of the war.
Godongwana has indicated that he’s considering the matter.
” The extension of the fuel levy, I am applying my mind to that issue at the appropriate time, because I promised South Africans that at the end of the month I would do a review after consulting the stubborn Minister Mantashe. I will probably make the necessary announcement on the 28th, on Tuesday, in that regard,” says Godongwana.
Those who requested the extension point to the historic revenue collection achieved by SA Revenue Service (SARS) for the 2025/2026 financial year. While Godongwana said he’s considering the review of fuel levy reduction, he cautioned that the revenue collected by SARS is less than government’s expenditure.
–SABC–
