Business Maverick: South Africa Weighs Fuel-Price Cap, Rationing, to Cut Costs

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South Africa may introduce a gasoline-price cap and ration the amount of fuel sold to motorists to mitigate the impact of rising oil prices stemming from the war in Ukraine.

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Why doesn't this business paper tell SAns why the gov't can't borrow money from the SARB but must borrow from foreign banks with killer conditions while commercial banks like FNB, ABSA et al borrow with petty interest rates from same SARB to sell at exorbitant rates to our pple?

Government needs to give up the fuel tax pot. RAF is bankrupt, I hear, so where is that money going?

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