The Mineral Resources and Energy department has proposed other measures to replace the temporary R1.50 per litre fuel levy reduction.
The measures will replace the fuel levy reduction from June. Finance minister Enoch Godongwana tabled the proposal in the National Assembly on Thursday.
Godongwana said, “a broad package of relief measures will be explored and will come into effect after the expiry of the fuel levy reduction … A reduction in the Basic Fuel Price of 3c/l, in line with the recommendations of the review done by the DMRE. A termination of the Demand Side Management Levy (DSML) of 10c/l on 95 unleaded petrol sold inland.
Interventions will be considered by the DMRE to reduce the price pressure for illuminating paraffin over the medium term.
Source: eNCA
In other news – Letoya Makhene to venture into Radio with a spiritual show
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Letoya said she is hoping to connect and grow with her fans and also be a guide to her family. Learn more
