Reduced fuel levy to be funded by sale of strategic crude oil reserves, says finance minister Enoch Godongwana

The proposal will be included in the 2022 Rates and Monetary Amount and Amendment of Revenue Laws Bill.

We are doing all of these things in line with our overall commitment to keeping money in the pockets of South Africans during these trying times, while at the same time restoring the health of our public financesTabling the budget last month, the minister announced there would be no increase in the general fuel levy and the RAF levy for the 2022/2023 fiscal year.

The price of crude oil has increased sharply since Russia's invasion of Ukraine and this has had a direct affect on fuel prices in SA. Mineral resources and energy minister Gwede Mantashe had proposed a package of measures to be introduced on June 1.

Sly conduct.

We cannot afford a fuel increase, these tricks won't change that, because it's simple maths. Record unemployment doesn't go well with higher costs of fuel, food etc. Further squeezing of the people can only lead to civil unrest.

Did a sane adult really say this? Very Monty Pythonesque

One ra....!!

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