ANC calls for urgent measures to cushion blow of steep fuel hikes
” Meanwhile, Mineral and Petroleum Regulation in the Department of Mineral and Petroleum Resources has cited Russia’s extended ban on diesel exports and China’s renewed diesel export restrictions as some of the factors driving higher global fuel prices.
MP Fasiha Hassan says National Treasury should consider reducing fuel and Road Accident Fund levies, while government works towards expanding local fuel refining capacity for longer-term relief.
In the short term, National Treasury can look at the fuel levy and the Road Accident Fund levy to provide relief.
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