Cuts to excise duty: Price of tank of petrol to reduce by €12 from midnight | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Cuts to excise duty: Price of tank of petrol to reduce by €12 from midnight, ConalThomas reports.

Cabinet Ministers today warned that upward pressure on energy costs will continue. Picture: Getty

The government today announced a temporary reduction in the excise duties charged on petrol, diesel and marked gas oil to combat soaring prices across the country. A Cabinet meeting was held this morning and the Government gave approval to the proposal which will see excise duty reduced by 20 cent per litre of petrol and 15 cent per litre of diesel.Subscribe from just €1 for the first month!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ConalThomas Will it, though, or will it just offset the €12 retailers will have put on before dusk?

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Surging construction costs drive price of two-bed apartments up by 14% | Business PostSurging construction costs drive price of two-bed apartments up by 14%, lorcanallen reports.
Source: businessposthq - 🏆 8. / 71 Read more »