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Finance minister Enoch Godongwana announces temporary reduction in fuel levy

Finance Minister Enoch Godongwana
Finance Minister Enoch Godongwana
Image: ELMOND JIYANE/ GCIS

Finance minister Enoch Godongwana on Thursday announced that the general fuel levy will be temporarily reduced by R1.50 per litre.

“This will reduce the levy for petrol from R3.85/l to R2.35/l. The levy on diesel will be reduce from R3.70/l to R2.20/l. These amounts exclude other levies such as the Road Accident Fund levy and the carbon fuel levy‚” Godongwana said.

This would be implemented from Wednesday April 6 to May 31.

This comes as the government tries to find relief measures for motorists and consumers after the fuel price shot up to more than R20/l in December last year.

Godongwana said since the start of the Russian-Ukraine conflict the world had seen a sharp increase in crude oil prices.

-TimesLIVE



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