The South Africa government has announced a temporary reduction in the general fuel levy, lowering it from R4.10 per litre to R1.10 per litre in a move aimed at easing pressure on consumers.
The announcement was made by the Central Energy Fund (CEF) on behalf of the Department of Mineral and Petroleum Resources.
The measure will remain in effect until May 5 and is intended to shield motorists from sharper fuel price increases driven by ongoing geopolitical tensions involving the United States, Israel, and Iran.
The intervention is expected to cost the government about R6 billion.
The development has been welcomed by stakeholders, including the Automobile Association of South Africa (AA).
Commenting on the decision, Chief Executive Officer Bobby Ramagwede said the association would continue to push for an extension of the relief.
He noted that the fiscal impact of the measure could be managed, adding that the cost is relatively modest compared to its potential benefits for consumers and the wider economy.
Despite the levy reduction, authorities have still announced upward adjustments in fuel prices, although the cut is expected to help limit the overall increase at the pumps.