Government is reviewing the methodology of the basic fuel price and other regulations to help reduce the cost of petrol in South Africa, says president Cyril Ramaphosa.
Answering questions in parliament on Thursday , the president said these changes will be implemented as ‘quickly and as soon as possible’.
He added that a committee of ministers has been established to look at the exact impact of the Russia-Ukraine crisis on South Africa, which will then help towards taking measures to cushion the blow of rising fuel prices. While Ramaphosa did not specify which measures would be introduced, he said a range of considerations are being considered, including suggestions from opposition parties, business and civil society.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New law proposes scrapping BEE in South Africa – and replacing it with a new modelThe opposition Democratic Alliance has announced its intention to table the Preferential Procurement Policy Framework Amendment Act, or ‘Social Impact Bill’ for public comment.
Read more »
South Africa has a new Chief Justice: an introduction to Raymond Zondo | Citypress
Read more »
South Africa to introduce new school subjects from next yearThe Department of Basic Education has announced that it plans to introduce several new school subjects to the curriculum in the coming year.
Read more »
Why South Africa can’t create new jobs: governmentLow business confidence is the single most important barrier to investment in South Africa, which has directly led to low employment growth, says the Department of Planning, Monitoring and Evaluation (DPME).
Read more »
New lockdown rules for South Africa to replace state of disaster – here’s what you should knowThe Department of Health has published new regulations under the National Health Act which will effectively act as a long-term replacement to South Africa’s state of disaster Covid regulations.
Read more »