THE South African government has announced a two-month extension to the temporary reduction in the general fuel levy, but has warned that the R4.5-billion in foregone revenue will have an impact on the fiscal framework.
In a joint statement Finance Minister Enoch Godongwana and Mineral Resources and Energy Minister Gwede Mantashe announced that Godongwana had submitted a letter to the Speaker of the National Assembly requesting the tabling of a two-month proposal for the extension of the reduction in the general fuel levy.
“This will take the form of a continuation of the relief of R1.50 per litre for the first month, from 1 June 2022 to 6 July 2022, and then a downward adjustment to the relief for the second month to 75c per litre from 7 July 2022 to 2 August 2022.
“The temporary relief will be withdrawn from 3 August 2022.”
The Ministers warned that, unlike the previous announcement,
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