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News Wire / economy

South Africa Suspends Diesel Fuel Levy

SAfm Pretoria 14d14d Impact 5

South African Ministers of Finance and Mineral and Petroleum Resources confirmed the extension of a temporary reduction in the general fuel levy. The relief measures, originally introduced in April, will remain in effect until June 2. The National Treasury announced that diesel will attract no fuel levy during this period to mitigate global price spikes. This joint move aims to shield citizens from price increases. The decision follows the discovery of fake AI-generated sources within the policy's reference materials. Finance Minister Enoch Godongwana announced the move to cushion the economy against rising oil prices. The general fuel levy for petrol will remain at 110 cents per litre. The general fuel levy for diesel will decrease from 96 cents per litre to zero per litre during this period.

South African Ministers of Finance and Mineral and Petroleum Resources confirmed the extension of a temporary reduction in the general fuel levy. The relief measures, originally introduced in April, will remain in effect until June 2. The National Treasury announced that diesel will attract no fuel levy during this period to mitigate global price spikes. This joint move aims to shield citizens from price increases. The decision follows the discovery of fake AI-generated sources within the policy's reference materials. Finance Minister Enoch Godongwana announced the move to cushion the economy against rising oil prices. The general fuel levy for petrol will remain at 110 cents per litre. The general fuel levy for diesel will decrease from 96 cents per litre to zero per litre during this period. Agriculture Minister John Steahazins is traveling to Argentina and Brazil to secure foot and mouth disease vaccines and agricultural import deals. Steahazins stated that a cooperation agreement was signed yesterday with Argentine vaccine manufacturer Biogenesis Bagó.

Topics

fuel prices taxation economy

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Sources · 7 independent

SAfm

“The Ministers of Finance and Mineral and Petroleum Resources have confirmed that the relief measures first introduced in April will now continue.”

SAfm

“The general fuel levy, which was slashed by three randomly, till remains suspended until 2 June. Due to the massive spike in global prices, the National Treasury has announced that diesel will attract no fear leaving at all during this.”

Bluesky Social

“South Africa withdraws draft national AI policy over fake AI sources in reference materials.”

SAfm

“Governments announced that the remaining 93 cents a litre fuel levy on diesel will be suspended from May to early June in a bid to cushion the economy from steeply increasing oil prices.”

SAfm

“the general fuel leave for diesel will decrease from 96 cents per litre to zero per litre. Agriculture Minister John Steahazins in Argentina to secure a continued supply of foot and mouth disease vaccines”

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