Government's intervention in fuel price hike is very limited: Economist - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Government's intervention in fuel price hike is very limited: Economist - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
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Chief Economist at Old Mutual, Johan Els says the government’s intervention to limit the impact of rising prices on consumers is very limited. FuelPrice

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A Shell petrol station seen as the sun goes downto limit the impact of rising prices on consumers is very limited.

The latest petrol adjustments announced by the Department of Mineral Resources and Energy have pushed the“There’s a lot of potential negatives around from the petrol price, food prices, overall inflation interest rate increases and lots of uncertainty. But we have to take into account if we’re talking about pricing first. We want to be a market based economy,” adds Els.

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Ok! .. So .. does the Government Know, chances of the ANC to win next election is definitly going to be limited., very limited.. infact a Dogs chance !

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