Ramaphosa weighs further fuel-price relief as calls grow for a R10bn intervention

Author: iol.co.zaPublished on: October 20, 2026Country: South Africa
PoliticsBusiness & Economy
Ramaphosa weighs further fuel-price relief as calls grow for a R10bn intervention

President Cyril Ramaphosa says the government is giving serious consideration to further measures to ease the impact of rising fuel prices. He recalled that a previous subsidy required R24 billion to be redirected from other programmes. Organised labour and political leaders are pressing for a proposed R10 billion intervention included in a special appropriations bill, ahead of Finance Minister Enoch Godongwana’s medium-term budget statement on Wednesday.

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