https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Statements RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Committee chairperson concerned about fuel price hike

Close

Embed Video

Committee chairperson concerned about fuel price hike

Photo by Bloomberg

7th April 2021

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The Chairperson of the Portfolio Committee on Mineral  Resources and Energy, Mr Sahlulele Luzipo, has noted with concern the fuel price hike which came at the back of electricity tariff hike.
 
Mr Luzipo believes that the hikes in fuel and electricity will undoubtably have negative socio-economic impact on the livelihood of many South Africans. 
 
He said: “These hikes are unimaginable, considering that they come at a time when the country is still reeling from the devastating socio-economic setbacks caused by the Covid-19 pandemic.”
 
Mr Luzipo further said the hikes will negatively affect the poor and working class who will have to bear the brunt of escalating prices of food and transport. 
 
“The impact of these hikes will be unbearable in poor communities because most people rely on public transport to access health services, and often the taxi industry increases fares when there is fuel price hike,” said Mr Luzipo.
 
He, however, made an appeal to all sectors of the economy, including mining, transport and sellers of fast-moving consumer goods not to increase prices as that could only serve to put more burden on the working class and the poor. 
 
Mr Luzipo also advised employers not to resort to retrenching workers as a mechanism to absorb possible escalating operational costs. 
 
Next week the committee will be briefed on the Basic Fuel Price (BFP) by the Department of Mineral Resources and Energy. The Automobile Association (AA) will also be present. 
 

Issued by the Parliamentary Communication Services on behalf of the chairperson of the Portfolio Committee on Mineral Resources and Energy

Advertisement

 

To watch Creamer Media's latest video reports, click here
 
Advertisement

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

 

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now