Finance Minister Enoch Godongwana is expected to make an announcement on Tuesday 28 April regarding the extension of the temporary fuel relief that was implemented in March. Thats after government reduced the fuel levy by R3 a litre, from the 1st of May. Godongwana told the National Assembly last week that hes applying his mind regarding the issue of high fuel prices.
The US-Israel war on Iran has resulted in increased risks to global energy markets. This led to requests for government to extend the fuel relief for the duration of the war. Godongwana has indicated that hes considering the matter.
The extension of the fuel levy, I am applying my mind to that issue at the appropriate time, because I promised South Africans that at the end of the month I would do a review after consulting the stubborn Minister Mantashe. I will probably make the necessary announcement on the 28th, on Tuesday, in that regard, says Godongwana.
