03 Jan

UASA Media Release: 03 January 2024

Statement by Abigail Moyo, spokesperson of the trade union UASA:

UASA welcomes the relief that comes with the first fuel price announcement of the New Year.

Fuel prices dropped significantly following last year’s trend. As of today, motorists will pay 62c/L less for 93 unleaded petrol and 76c/L less for 95 unleaded.

According to the Department of Mineral Resources and Energy (DMRE), wholesale diesel will cost 118.32c/L less for 0.05% sulphur and 126.32c/L less for 0.005% sulphur. Although LP Gas has increased by 11c/L, consumers who depend on paraffin for cooking and other household use can expect to pay R1.24/L less for illuminating paraffin.

While it is pleasing to see a fuel price decrease pattern favouring consumers, last year’s knock-on effect of fuel prices still pinches consumers, with petrol prices higher than in January 2023.

We hope the decrease will help parents juggle between resuming work and their children’s back-to-school needs. UASA urges the government to put consumers’ needs first in 2024 and create a sustainable and transparent structure for fuel price reviews.

We encourage our members and fellow South Africans to use the decrease to their advantage and spend their money wisely.

For further enquiries or to set up a personal interview, contact Abigail Moyo at 065 170 0162.

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