Vehicles line up at a BP Plc gas station in Pretoria, South Africa, on March 31.
Vehicles line up at a BP Plc gas station in Pretoria, South Africa, on March 31.Photographer: Waldo Swiegers/Bloomberg

SA has room for two more months of fuel relief, Citi Says

Citi says fiscal space and revenue gains could fund a two-month extension as Iran war pushes oil prices higher and fuels inflation concerns.
Published on

Key topics:

  • South Africa may extend fuel-tax cut by up to two months

  • Fiscal space seen to cost R10–12bn amid oil price surge

  • Iran conflict drives fuel prices and inflation higher in SA

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By Ntando Thukwana

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