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Big announcement about petrol and diesel prices in South Africa...
08 Oct, 2024 13:21
380 min read
Mineral and Petroleum Resources Minister Gwede Mantashe announced discussions with the National Treasury to reduce petrol and diesel prices, targeting a cost of R14 per litre. He emphasized the need to lower administered prices to ease living costs in South Africa, highlighting the impact of taxes and levies on fuel prices. The government aims to comprehensively review the fuel pricing formula while balancing potential tax implications. Mantashe underscored that affordable energy is vital for economic growth and poverty reduction....
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