JOHANNESBURG - The Fuels Industry Association of South Africa has welcomed government’s decision to extend fuel levy relief for another month.
Even with the extension, petrol is still expected to rise by about R2 per litre, while diesel could increase by more than R4.
Finance Minister Enoch Godongwana has proposed extending the temporary levy reduction until 2 June.
He has also proposed increasing diesel relief by 93 cents to R3.93 per litre.
The changes are expected to take effect when fuel prices are adjusted again on 6 May.
"It is always a very difficult one when you've got a price adjustment of this magnitude because, I mean, everybody wants to save, I mean, and the savings are real," said the association's CEO Avhapfani Tshifularo.
"So the increase is still going to be large. So if you are saving, I mean, looking at saving, it is a significant amount of money that you're going to save.
"So because of that reason, there is like a temptation for people to rush so that they can save, I mean, some money," he said.
"So it will put significant pressure on the system as we've got enough products."