South Africa’s National Treasury and the Department of Mineral and Petroleum Resources have extended the temporary fuel‑levy relief to June 2026. This follows the $0.18 relief announced in March, which provided limited short‑term relief to households amid rising fuel prices triggered by the Middle East conflict.


However, since the announcement, the continued Middle East conflict has maintained pressure on global oil prices, resulting in further increases in domestic fuel prices. Joining us now is Dr Azar Jammine, Director and Chief Economist of Econometrix (Pty) Ltd.

South Africa&rsquo;s National Treasury and the Department of Mineral and Petroleum Resources have extended the temporary fuel‑levy relief to June 2026. This follows the $0.18 relief announced in March, which provided limited short‑term relief to households amid rising fuel prices triggered by the Middle East conflict.
 However, since the announcement, the continued Middle East conflict has maintained pressure on global oil prices, resulting in further increases in domestic fuel prices. Joining us now is Dr Azar Jammine, Director and Chief Economist of Econometrix (Pty) Ltd.

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Africa in Business

SA’s fuel levy relief extended as global oil prices continue to pressure domestic fuel costs

Global markets remain in focus as investors navigate shifting interest‑rate expectations, geopolitical developments and changing growth outlooks across major economies.

Joining us today on our daily Market Update feature to help make sense of these developments is Zwelakhe Mnguni from Benguela Global Fund Managers.

Global markets remain in focus as investors navigate shifting interest‑rate expectations, geopolitical developments and changing growth outlooks across major economies.
Joining us today on our daily Market Update feature to help make sense of these developments is Zwelakhe Mnguni from Benguela Global Fund Managers.

Africa Market Update with Zwelakhe Mnguni from Benguela Global Fund Managers

The Director of Infrastructure and Energy at the African Union Commission, Dr Kamugisha Kazaura, says resilient transport systems and stable energy infrastructure are the backbone of Africa’s economic transformation, regional integration and industrial development. He adds that strengthening these sectors is essential to unlocking trade, boosting competitiveness and improving livelihoods across the continent.


Kazaura was speaking at the 5th Ordinary Session of the African Union Specialised Technical Committee on Transport and Energy, currently under way in Johannesburg. Channel Africa’s Economics Reporter, Innocent Semosa, has more.

The Director of Infrastructure and Energy at the African Union Commission, Dr Kamugisha Kazaura, says resilient transport systems and stable energy infrastructure are the backbone of Africa&rsquo;s economic transformation, regional integration and industrial development. He adds that strengthening these sectors is essential to unlocking trade, boosting competitiveness and improving livelihoods across the continent.
 Kazaura was speaking at the 5th Ordinary Session of the African Union Specialised Technical Committee on Transport and Energy, currently under way in Johannesburg. Channel Africa&rsquo;s Economics Reporter, Innocent Semosa, has more.

Resilient transport and energy key to Africa’s economic transformation, says AU’s Dr Kazaura

There have been mixed feelings about the South African government’s extension of the fuel levy relief in response to volatility in global oil prices. The temporary reduction in the general fuel levy was due to come to an end early next month but has now been extended to June.

Last month, the Ministry of Finance and the Ministry of Mineral and Petroleum Resources jointly announced a temporary reduction in the general fuel levy of $0.18 per litre from the beginning of this month until May 5, to provide limited short‑term relief to households from rising fuel prices as the Middle East conflict continues. Thuto Ngobeni has the report.

There have been mixed feelings about the South African government&rsquo;s extension of the fuel levy relief in response to volatility in global oil prices. The temporary reduction in the general fuel levy was due to come to an end early next month but has now been extended to June.
Last month, the Ministry of Finance and the Ministry of Mineral and Petroleum Resources jointly announced a temporary reduction in the general fuel levy of $0.18 per litre from the beginning of this month until&nbsp;May 5, to provide limited short‑term relief to households from rising fuel prices as the Middle East conflict continues. Thuto Ngobeni has the report.

SA’s fuel levy relief extended as global oil prices continue to pressure domestic fuel costs

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