CARTOON: Raiders of the strategic oil reserve — The sequel

Sale of more crude oil reserves on the cards to fund fuel levy reprieve

A reality of economics is that there’s no magic money tree; the revenue lost by reducing the fuel levy has to be clawed back from somewhere

Drivers avoid paying R25/l for petrol but Godongwana’s proposal will cost R4.5bn

Finance and energy ministers gave undertakings at the end of March that measures to reduce prices would be introduced in June

Interim solutions are made permanent without solving the underlying structural issues