ANC: Increase petrol reserves and freeze fuel hikes

The ANC has called on government to increase petrol reserves and to consider freezing or decreasing the fuel levy.

ANC national spokesperson Pule Mabe said the petrol was at its highest level ever, “putting a squeeze on all aspects of life of fellow South Africans”.

The department of energy announced on Tuesday that the inland price for a litre of 95 unleaded petrol will cost R16.02. The coastal price will be R15.43.

“The rate at which these cost increases are happening is unbearable and we can neither turn a blind eye nor wish them away. We need to take strong action to arrest this situation,” Mabe said. Mabe said the rand’s depreciation is fuelled largely by US trade wars and crude oil prices.

READ MORE: Commuters hit by taxi fare hike


The party has also called on the Organisation of Petroleum Exporting Countries (OPEC) to help lower fuel prices by increasing oil production.

“We believe there is more that could be done to reignite and accelerate economic growth, and to soften or lessen the effect petrol price increases have on our people and on the economy.” — Fin 24

Subscribe to the M&G

These are unprecedented times, and the role of media to tell and record the story of South Africa as it develops is more important than ever.

The Mail & Guardian is a proud news publisher with roots stretching back 35 years, and we’ve survived right from day one thanks to the support of readers who value fiercely independent journalism that is beholden to no-one. To help us continue for another 35 future years with the same proud values, please consider taking out a subscription.

Related stories

Advertising

Subscribers only

Poachers in prisons tell their stories

Interviews with offenders provide insight into the structure of illegal wildlife trade networks

Covid-overflow hospital in ruins as SIU investigates

A high-level probe has begun into hundreds of millions of rand spent by the Gauteng health department to refurbish a hospital that is now seven months behind schedule – and lying empty

More top stories

The politics of the Zuma-Zondo showdown

Any move made by the Zondo commission head or by former president Jacob Zuma must be calculated, because one mistake from either side could lead to a political fallout

Museveni declared winner of disputed Uganda election

Security personnel out in force as longtime president wins sixth term and main challenger Bobi Wine alleges rigging.

Pay-TV inquiry probes the Multichoice monopoly

Africa’s largest subscription television operator says it is under threat amid the emerging popularity of global platforms like Netflix and Amazon Prime

​No apology or comfort as another Marikana mother dies without...

Nomawethu Ma’Bhengu Sompeta, whose funeral will be held this weekend, was unequivocal in calling out the government for its response to the Marikana massacre
Advertising

press releases

Loading latest Press Releases…