Energy Dept proposes fuel price relief measures

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[ICYMI] Energy Dept proposes fuel price relief measures

Finance minister Enoch Godongwana tabled the proposal in the National Assembly on Thursday.

Godongwana said,"a broad package of relief measures will be explored and will come into effect after the expiry of the fuel levy reduction ... A reduction in the Basic Fuel Price of 3c/l, in line with the recommendations of the review done by the DMRE. A termination of the Demand Side Management Levy of 10c/l on 95 unleaded petrol sold inland."

"Interventions will be considered by the DMRE to reduce the price pressure for illuminating paraffin over the medium term."

 

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