Govt needs to review taxes on fuel price to assist SAns following hike

The trade union federation said there is a need for government's intervention after fuel prices increased on Wednesday, with petrol rising by R1.71 a litre and diesel rising by R2.76.

CAPE TOWN - The Congress of South African Trade Unions said it believes government should intervene, following September's massive fuel price increase.Cosatu's Matthew Parks said this is a major blow to all South Africans.

“There’s a need to review the taxes on the fuel price, which is what government promised to do in 2019 and 2022 – yet didn’t do.” The massive hikes are largely due to an increase in the price of Brent crude oil and the weakening rand/dollar exchange rate.

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