Mini budget brings temporary fuel levy relief
Finance Minister Enoch Godongwana's medium-term budget policy statement led coverage on SAfm, 947, 702, Power FM and Cape Talk. The headline measure was a R10 billion fuel levy cut. It takes R3 a litre off diesel and R1.50 off petrol from 4 November to 1 December, with smaller cuts until 5 January. Treasury said debt would stabilise at 78.4% of GDP, even as growth was revised down to 1.2%. Reaction was mixed. The EFF called the cut an abuse of fiscal powers, while Athol Trollip likened it to a plaster on a septic wound. Stats SA also reported that September inflation rose to 4.5%.