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Wednesday, November 27, 2024

Government leaving it to the last minute to confirm fuel prices for June

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There has still not been an official fuel price increase announcement for June.

The price of petrol could cost nearly R25 per litre from midnight. Finance Minister Enoch Godongwana and Energy Minister Gwede Mantashe met over the weekend to discuss how government can intervene.

n the absence of an extension of the R1.50 reduction in the fuel levy, the price of fuel is set to increase by nearly R4 per litre.

OUTA says the rise in fuel prices is in line with global oil prices resulting from Russia’s invasion of Ukraine.

Liesl Smit
Liesl Smit
Liesl is the Smile 90.4FM News Manager. She has been at Smile since 2016, with nearly 20 years experience in the radio industry, including reading news, field reporting and producing. In 2008 she won the Vodacom Journalist of the Year Award, Western Cape region. liesl@smile904.fm

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