R10bn in temporary fuel-levy relief announced amid record fuel prices

Polity Audio Articles · Oct 21, 2026 · 2m

R10bn in temporary fuel-levy relief announced amid record fuel prices

Finance Minister Enoch Godongwana announced another round of temporary reductions to the fuel levy in response to a surge in fuel prices to record levels, following global disruptions to supply that have arisen after the US and Israel declared war on Iran earlier in the year.

The fuel levy for diesel will be reduced by R3 a litre from November 4 to December 1, 2026, while the fuel levy applicable to petrol will be reduced by R1.50 a litre over the same period.

The diesel levy will then be reduced by R1.50 a litre and petrol…