South Africa’s Godongwana Says to Temporarily Lower Fuel Levy

March 31, 2026, 9:02 AM UTC

South African Finance Minister Enoch Godongwana said he will temporarily lower the levy on both gasoline and diesel by three rand per liter in April.

  • “I am still discussing what we can do for the next two months,” Godongwana said in an interview at the South Africa Investment Conference in Johannesburg on Tuesday
  • NOTE: March 18, South Africa Sees Little Scope to Ease Fuel-Price Shock

To contact the reporter on this story:
S’thembile Cele in Johannesburg at scele@bloomberg.net

To contact the editors responsible for this story:
Paul Wallace at pwallace25@bloomberg.net

Paul Richardson, Alister Bull

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