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Monday, 04 May 2026 07:24

Fuel Price Relief Extended

In a statement, the two departments said, “To provide further relief and to address concerns of higher inflation and negative impacts on economic growth due to increased fuel prices… the Minister of Finance proposes that the R3 per litre reduction in the general fuel levy for petrol is extended until Tuesday, 2 June.

“The relief measure was designed to be fiscally neutral, and the government will implement mechanisms to recoup the foregone revenue within the fiscal framework approved during the 2026 Budget. Since this announcement, the continuation of the Middle East conflict has resulted in consistent pressure on global oil prices which has led to increases in domestic fuel prices.”

Darul Ihsan Media Desk

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