economy

Fuel Price Hikes Hammer South Africa’s Working Class

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by Philip Nyalungu

A sharp increase in fuel prices on Wednesday 6 September will hit the working class and poor hardest. The official reasons for the price hike are rising crude oil costs and the weak Rand. Government tax is also rising. Energy Minister Mamoloko Kubayi claims 4.6 cents a litre will go towards salary increases for petrol station workers.

The reality is rising prices get passed directly onto ordinary people by, for example, increases in taxi fares and food prices.

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