Mini-budget brings temporary fuel levy relief
Finance Minister Enoch Godongwana's medium-term budget dominated morning bulletins on Cape Talk, Power FM, 702 and others. The fuel levy will be cut by R3 a litre for diesel and R1.50 for petrol from 4 November to 1 December, with smaller cuts continuing until 5 January 2027. Higher-than-expected tax collection helped pay for it. Stations also noted that debt-to-GDP is stabilising at 78% and that debt service consumes 21 cents of every tax rand. The Fuel Retailers Association said the package softens upcoming hikes but offers little real relief.