UASA Media Release: 02 July 2024
Statement by Abigail Moyo, spokesperson of the trade union UASA:
The gradual consecutive decrease in fuel prices, particularly in petrol, is a welcome relief for consumers facing an affordability crisis due to the municipal tariff hikes that took effect yesterday. Living costs have become a nightmare for South Africans as inflation remains high and disposable income fails to match household expenses.
According to the Department of Mineral and Petroleum Resources, petrol 93 ULP will drop by 105c/l and 95 ULP by 99c/l, while diesel (0.05% sulphur) will decrease by 30c/l and (0.005% sulphur) by 24c/l respectively. Illuminating paraffin price will drop by 18c/l and LP Gas by 22c/kg.
While the decrease is welcome, the average South African still struggles to fill their tank or afford public transport. The Department of Mineral and Petroleum Resources should review the fuel pricing structure to provide relief for workers.
Mineral and Petroleum Minister Gwede Mantashe must take note that most South Africans are merely surviving while trying to make it through the month and consider the basic needs of consumers. UASA urges Mantashe to push for a pricing structure review to help make fuel prices affordable again.
According to the Department of Mineral and Petroleum Resources, petrol 93 ULP will drop by 105c/l and 95 ULP by 99c/l, while diesel (0.05% sulphur) will decrease by 30c/l and (0.005% sulphur) by 24c/l respectively. Illuminating paraffin price will drop by 18c/l and LP Gas by 22c/kg.
UASA welcomes the relief the lower petrol price will bring to motorists and commuters. We trust that the knock-on effect will stem inflation and result in lower prices in public transport and associated lower costs in the food, agricultural and manufacturing sectors.
The adjusted fuel price for July comes into effect from midnight.
For further enquiries or to set up a personal interview, contact Abigail Moyo at 065 170 0162.