Zuko Komisa

South Africa’s general fuel levy is set to increase for the first time since 2022, Finance Minister Enoch Godongwana announced during his budget speech on Wednesday.
The increase, which takes effect on Wednesday, June 4, will see petrol go up by 16 cents per litre and diesel by 15 cents per litre.
Godongwana emphasized that this is the only new tax proposal for the 2025/26 fiscal year.
National Treasury officials clarified that the adjustment is inflation-linked and not aimed at generating additional revenue, but rather follows the government’s decision to reverse a proposed VAT hike.
The increase is expected to raise between R3.5 billion and R4 billion in the current financial year.
The timing of the increase comes amid a period of declining global oil prices, which have resulted in two consecutive fuel price cuts recently.
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