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Government has cut the fuel levy by R3 per litre as a temporary relief measure ahead of Wednesday's fuel price hike. Finance Minister, Enoch Godongwana, says this will reduce the general fuel levy for petrol from R4.10 per litre to R1.10, and for diesel from R3.93 per litre to R0.93, from tomorrow until 5 May. The ongoing conflict in the Middle East involving the US, Israel and Iran has pushed […]
Some South Africans say they are bracing for tough times as looming fuel price hikes threaten to squeeze already stretched household budgets. This comes as the country faces sharp increases in petrol and diesel prices, with potentially serious implications for the broader economy, including knock-on effect on food prices and transport costs. Data from the Central Energy Fund (CEF) points to petrol price increases of between R5.31 for 93 unleaded […]
South Africa’s vaping industry has warned that the 2026 excise tax increase could undermine efforts to reduce smoking, after Finance Minister Enoch Godongwana confirmed inflation-linked duty hikes on vapour products. Godongwana tabled the 2026 Budget on Wednesday and confirmed that excise duties on tobacco, alcohol and related products would rise broadly in line with inflation. The adjustment is expected to result in modest increases in the retail prices of vape […]
