South African Government Cuts Fuel Levy, Bringing Relief to Motorists

The step comes after crude prices surged by nearly 50% following attacks by the U.S. and Israel on Iran on  February 28. 

South African Government Cuts Fuel Levy, Bringing Relief to Motorists

South Africans face the prospect of record pump prices, even as Finance Minister Enoch Godongwana moves to trim the fuel tax by R3.00 a litre on both petrol and diesel.

The step comes after crude prices surged by nearly 50% following attacks by the U.S. and Israel on Iran on  February 28.