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Live News REGULATION ARTICLE M impact

South Africa Announces Two Months of Fuel Price Relief

Finance Minister Enoch Godongwana said the relief in the mid-year budget would cost 10 billion rand ($608.99 million) in foregone revenue.

Finance Minister Enoch Godongwana said on Wednesday that South Africa would provide additional fuel price relief for two months. In his mid-year budget speech, he put the cost at 10 billion rand ($608.99 million) in foregone revenue.