Oct 3, 2022

Mawazo Writing Africa

Writing about the main

POLL | Should government do more to cushion citizens from the fuel hike?

The government may have extended the 11th hour suspension of the general fuel tax, but consumers are clamoring for more relief at the pumps.

Just hours before The suspension was to be lifted, and the National Treasury announced on Tuesday that the relief effort would be extended by a further two months.

Without this extension, South Africans in financial difficulties would have been hit by an increase of the petrol price by approx. R4/l, but now still paying R2.33/l and R2.43/l more petrol and 1 .10 R/l more for diesel.

It has sparked a discussion about what other taxes the government can suspend or what other reliefs it can grant can offer. While many supported calls for more levies to be suspended, others warned that this could soon affect the services and programs that fund those levies.

According to a global petrol price aggregator, South Africans are paying more than their neighbors for gasoline because of higher fuel taxes.

DA leader John Steenhuisen accused the government of doing nothing to lower prices.

He suggested deregulating the fuel sector , to allow competition between vendors.

< p> In a market of 11 billion liters per year, competition among vendors would “naturally lower prices as they compete for business”. Surrender of the traffic accident fund to free the RAF from claims by these drivers. A saving of R/l 2.18, he said.

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