Jump to content
Afrii Diaspora Dialogue
  • June fuel price: Mantashe confirms ‘worst news possible’ for motorists

    June fuel price: Mantashe confirms ‘worst news possible’ for motorists

    Looks like South Africans will have to continue paying more as fuel price is expected to skyrocket. Mineral Resources and Energy Minister, Gwede Mantashe has confirmed that the general fuel levy reduction on fuel will not be extended beyond May. 

    Finance Minister, Enoch Godongwana announced that the general fuel levy which is R1.50 will be reduced from the price of fuel as a form of relief to motorists for April and May. 


    Mantashe said the fuel levy reduction will not be extended beyond May, however, his department still has to consult with the National Treasury on the matter. 

    If the latest data from the Central Energy Fund (CEF) which regulates petrol prices in SA is anything to go by, then the petrol price could increase by R3 per litre in June, considering the fact that the fuel levy reduction is coming to an end in May.

    CEF data indicates that petrol and diesel could increase for just under R2 per litre.

    ANC Chairperson, Gwede Mantashe. Image: GCIS/ Flickr


    OUTA CEO, Wayne Duvenage said they have written to Godongwana to consider the extension of the reduction, failing which the price of petrol and diesel will increase to over R25 per litre in the coming months. 

    Duvenage said that extending the reduction in the levy will obviously affect National Treasury’s collections by roughly R2.8 billion a month, however the economy will be “significantly worse-off with petrol prices in excess of the R25 per litre mark”. 

    “OUTA has also suggested that in the event that this reprieve must be terminated, that the Minister considers a phased-in approach over three months at 50c a month.

    “The high fuel price has an ongoing negative effect on the economy, affecting a wide range of issues such as food prices and commuter costs.” 

    Wayne Duvenage

    Duvenage said they also believe that keeping the fuel levy reprieve in place for a longer period provides the Minister with an opportunity to seek greater public sector savings and encourage prudent spending habits.

    ALSO READ: Read it and weep: The petrol price for June set to reach ‘sickening’ heights

    View the full article



    User Feedback

    Recommended Comments

    There are no comments to display.

    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.


Afrii-Diaspora Dialogue

A Platform for Dialogue for the African diaspora

A cultural and community website with a GO.A.L. to UpLift™, EmPower™ & UnIfy™ the many different peoples, histories, cultures and communities of the Afrikan Diaspora.

Main links

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. Guidelines, Privacy Policy, Terms of Use