https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Statements RSS ← Back
Energy|Gas|Generators|Resources|Sustainable|transport
Energy|Gas|Generators|Resources|Sustainable|transport
energy|gas|generators|resources|sustainable|transport
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Fuel price increase puts pressure on workers’ wallets

Close

Embed Video

Fuel price increase puts pressure on workers’ wallets

Petrol pumps
Photo by Bloomberg

5th July 2022

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

/ MEDIA STATEMENT / The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

Cash-strapped workers face yet another expense increase with the fuel price hike kicking in on Wednesday.

The fuel levy falls from R1,50 per litre to 75c before the total levy is brought back in August, while petrol prices will be hiked by R2.37 (93) and R2.57 (95) a litre, and diesel prices will rise by R2.31 (0.05% sulphur) and R2.30 (0.005% sulphur) a litre, the Department of Mineral Resources and Energy announced on Monday. Whilst paraffin prices will increase by R1.66 a litre, the maximum LP Gas retail price will fall by R2.18/kg.

Advertisement

At R26.74 a litre in Gauteng, 95 petrol will cost 54% more than a year ago.

UASA believes the fuel price increase calls for urgent intervention as it shows inflation spiralling out of control. Gauteng consumers will fork out more than R26 per litre, which paints an ugly picture regarding transport cost and the overall cost of living.

Advertisement

Since the beginning of the year, fuel prices have spiralled out of control. While UASA  constantly calls on government to intervene, we take note of the fuel levy relief in the past two months. However, what is needed is a permanent solution to this monthly crisis. We can’t keep pleading with government each month on the same challenge.

With fuel now well past the R25 margin, small businesses who depend on generators during load-shedding will struggle to keep their concerns afloat. How much more will they be forced to spend on fuel on top of the electricity tariff hikes?

The current situation is an economic disaster for cash-strapped workers who must match their disposable income with growing inflation rates and survive on the little they have left.

UASA encourages its members and all South Africans to remain strong and continue doing what they can based on what they have to survive. We trust that government will eventually do the right thing and find a sustainable solution to this crisis.

 

Issued by Abigail Moyo, spokesperson of the trade union UASA

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