SouthAfrica’s government confirmed that it will end a temporary reduction in the fuel levy next month as it announced a 10.6% increase in the gasoline price, pushing it to a new record. Moneyweb Fuel Gasoline
South Africa’s government confirmed that it will end a temporary reduction in the fuel levy next month as it announced a 10.6% increase in the gasoline price, pushing it to a new record. The reduction of R1.50 in the general fuel levy that applied from April will be trimmed to 75 cents from July 6 and will be withdrawn from August 3, the Department of Mineral Resources and Energy said in an emailed statement Monday.
The wholesale price of diesel that’s used in agriculture and for emergency power generation, will rise by as much as R2.31 per liter, the department said. The maximum cost of illuminating paraffin, used for cooking and lighting in areas where many people do not have access to electricity, will rise by R2.21 per liter.
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