SA braces for more fuel pump pain

Vladyslav Starozhylov/123rf

The SA Petroleum Industry Association expects the government to this week announce whether the short-term relief measures to alleviate fuel price increases will be made permanent as motorists brace for a possible R4Sapia executive director Avhapfani Tshifularo said on Monday: “We hear there are discussions, but the official version is that there is not going to be an extension. That is subject to an announcement which should come later today [Monday] or tomorrow.

“There is very little the government can do, particularly around the edges, which may see one or two cents a litre being chopped off the price.” The rising petrol price has driven inflation forecasts higher, with some economists expecting it to peak above 7% in June.

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