Viola May per chance 2 hours within the past Info 0 Views
Finance Minister Enoch Godongwana has announced an originate higher in gasoline levies, which he says are in accordance with inflation.
Godongwana used to be handing over his 2026/27 funds in Parliament in Cape City.
“In the case of gasoline levies, the total originate higher will additionally be in accordance with inflation. The final gasoline levy will race up by 9 cents per litre for petrol and eight cents per litre for diesel. The carbon gasoline levy will race up by 5 cents per litre for petrol and 6 cents for diesel. The Highway Accident Fund levy will originate higher by 7 cents per litre,” says Godongwana.
Finance Minister Enoch Godongwana delivers the #BudgetSpeech2026. pic.twitter.com/EZjo91rNFe
— SABC Info (@SABCNews) February 25, 2026
The minister additionally announced an originate higher in tobacco and alcohol excise duties.
The tax on a 20 pack of cigarettes will now originate higher from R22.81 to R23.58, whereas the price of cigars will rise by R4.56 per 23 grams.
A 340 millilitre can of beer or cider will now increases by 8 cents, whereas a 750-millilitre bottle of spirits will originate higher by R3.20.
BUDGET 2026 | Finance Minister Enoch Godongwana announces that a 340ml can of beer or cider rises by 8 cents, a 750ml bottle of wine increases by 15 cents, and a 750ml bottle of spirits goes up by R3.20. pic.twitter.com/Mvr12NLHsM
— SABC Info (@SABCNews) February 25, 2026
Godongwana stated the deliberate tax hikes amounting to earnings of R20 billion were shelved amid improved tax series.
The minister additionally announced that the limit for tax-free savings increases from R36 000 to R46 000 yearly.
The feeble age and disability grant increases by R80 to R2 400. Social grants are dispensed over R290 billion in the funds.
Finance Minister Enoch Godongwana delivers the #BudgetSpeech2026. pic.twitter.com/jonFa41Fag
— SABC Info (@SABCNews) February 25, 2026
Spending on peace and security will originate higher by spherical 9% to over R290 billion.
R883 million is shifted from the Division of Justice to the Home of job of the Chief Justice, with the minister announcing that this would per chance assist the build of job arrange its obtain budgets.
An additional R687 million would per chance be dispensed to originate higher capability at the judiciary.
www.sabcnews.com, https://www.sabcnews.com/sabcnews/godongwana-announces-originate higher-in-overall-gasoline-levies/
Ascertain Moreover
NSRI warns public to be cautious spherical Cape fur seals attributable to rabies
The National Sea Rescue Institute (NSRI) has impressed swimmers, paddlers and divers to remain mindful …