Page 3 - 07 March 2025

THE REPORTER 7 MARCH 2025 · PAGE 3

T h e D e p a r t m e n t o f and between 18 and 24
Petroleum and Mineral cents per litre for diesel. The 2025 budget has been set to finalise the budget and
Resources has published the During the period under approved after a team led by table it before parliament on
o f f i c i a l f u e l p r i c e r e v i e w, t h e a v e r a g e Deputy President Paul March 12.
adjustments that will take international product prices Mashatile, with support from Cabinet held a special
effect on Wednesday, 5 for petrol and illuminating the National Treasury, tabled meeting on Monday to
March 2025. paraffin increased, while various options that discuss the budget fallout, ‘n Vierbal bestaande uit Koos Molteno en wen die derde
diesel decreased. persuaded the Cabinet to
February started with fuel green-light the new budget. which allowed lawmakers to Jordaan, Hannes Muller, Pat m e t 1 5 - 1 3 t e e n
recoveries tilted heavily On average, the rand deliberate more about the Vorster en Ivan Forward het Queenstown.
towards increases, but the appreciated against the US In a statement, Cabinet budget and also impact on Saterdag, 1ste Maart 2025 Die eerste wedstryd was ‘n
global price of oil and the dollar during the period mandated Finance Minister citizens. aan Molteno se opedag trekking en die volgende
rand eventually stabilised under review compared to Enoch Godongwana to deelgeneem. twee was krag teen krag.
and then pushed in the other the previous period. select from their discussed This comes after last week, Die span het goed gevaar en
direction. options and fund the budget Cabinet reportedly rejected a twee van die drie wedstryde Dit was ‘n goeie poging vir
The average rand/US dollar in a manner that considered reworked Budget, this time v i e r s p e l e r s m e t ‘ n
This has translated to a small exchange rate from 31 the fiscal constraints, without the 2% VAT increase, gewen. Die span eindig 4de
price cut at the pumps in January 2025 to 27 February mitigated the impact on the Godongwana that this will uit 12 spanne. gemiddelde ouderdom van
March. 75 jaar.
2 0 2 5 w a s 1 8 . 5 0 4 7 , poor and middle-income not work for the people. Die span wen die eerste
Prices will be cut by 7 cents compared to 18.7343 households and supported wedstryd met 10 - 6 teen Baie dankie aan Molteno vir
per litre for 93 and 95 petrol, during the previous period. economic growth. President Cyril Ramaphosa Zastron, verloor die tweede ‘n suksesvolle opedag en ‘n
had to set up a team of wedstryd met 12 - 14 teen veilige rit heen en weer.
The room was filled with Ministers led by Mashatile to
tension, as the Cabinet swiftly assist Godongwana in presented at Monday's an agreement on the
members knew that the consolidating cabinet inputs meeting. proposed VAT increase.
decisions made would affect for further consideration.
e v e r y S o u t h A f r i c a n So far, the budget has been The Democratic Alliance
household. During a post-Cabinet rejected twice by the cabinet. (DA) is among the parties
briefing last week, the rejecting the tax hikes,
This complied with the Minister in The Presidency, It was postponed last month saying this would cripple
provisions of section 27 of Khumbudzo Ntshavheni, a f t e r p a r t i e s i n t h e South Africans financially.
t h e P u b l i c F i n a n c e stated that additional Government of National Written by
Management Act (1 of submissions would be Unity (GNU) failed to reach Kamogelo Moichela
1999).
Godongwana and the
National Treasury are now