Fuel levy slashed by three rand per litre starting today to shield drivers and keep inflation from spiking further on food and transport.
South Africa Levy Cut
South Africa Levy Cut
- Enoch Godongwana and Gwede Mantashe announced the R3 reduction from 1 April to 5 May 2026.
- Petrol levy fell from R4.10 to R1.10 while diesel dropped from R3.93 to R0.93.
- The one-month move will cost the government roughly six billion rand in revenue.
- Officials plan monthly reviews to decide on extensions after May.
- The country maintains enough stocks to cover current and future needs.
- Panic buying caused isolated distribution hiccups rather than real shortages.
- Motorists received calls to buy normally and skip unnecessary hoarding.
- Medium-term pricing reviews will continue under the resources minister.