Fuel Levy Relief to Cost R17.2bn as Government Moves to Cushion Price Shock

Finance Minister Enoch Godongwana has stated that the temporary fuel levy relief introduced from April to June 2026 will cost an estimated R17.2 billion in foregone tax revenue. The government has extended the R3 per litre reduction for petrol and R3.93 per litre relief for diesel, with the measures set to remain in place until the end of June. The intervention comes as motorists brace for steep fuel price hikes. […]