With the price of petrol to hit the R20,13 per mark on Wednesday, the Democratic Alliance (DA) has called on the Energy Department to review its fuel pricing.
The Energy Department on Monday announced that that both grades of petrol, 93 and 95 octane will increase by 81 cents per litre from Wednesday 1 December.
The prices of diesel (0.05% sulphur) increases by 72.5 cents per litre, while Diesel with (0.005% sulphur) increases by 74.5 cents per litre while illuminating paraffin will increase by 42 cents per litre.
The DA’s Kevin Mileham says the increase in fuel prices is likely to add significant pressure on the economy and the commuting public.
“It is long past time that South Africa review its fuel pricing. Minister Mantashe is derelict in his duties in this regard. It has become increasingly clear that the various fuel taxes, such as the Road Accident Fund (RAF) Levy, are adding to the cost pressures on the fuel cost per litre, which now stand at all-time record highs.”
Mileham says the current fuel pricing model is “killing South African consumers”, adding that South Africans simply do not have the financial means to afford the fuel hike.