Finance Minister Enoch Godongwana has proposed a temporary R1.50 per litre fuel levy reduction.
He tabled the proposal in the National Assembly. The reduction is expected to support motorists ahead of the expected fuel hikes in the coming months.
Godongwana said, “a temporary reduction of fuel levy by R1.50 cents per litre from April to the 31st of May.”
“The proposed reduction will not require adjustments to the budget as the proposal is not expected to have an impact on the fiscal framework. It will be funded by liquidation of a portion of the strategic crude oil reserves.
Source: eNCA
In other news – King Monada issues an apology after slapping a fan during recent performance
King Monada set tongues wagging when a video of him slapping a fan went viral. A visibly angry Monada gave the fan a very heated slap during a performance.
Now his reasons for doing this have been revealed by his manager who told TshisaLive that Monada tried to prevent the fan from pulling his pants down. Learn more
