Statement by Abigail Moyo, spokesperson of the trade union UASA
Motorists can look forward to considerable fuel price savings as petrol, diesel, paraffin and gas prices are set to decrease on Wednesday 2 April.
The Department of Petroleum and Mineral Resources has published the official fuel price adjustment, stating that petrol grade 93 will decrease by 58c/L and 95 will drop by 72c/L. Both diesel grades will decrease by 84c/L, while illuminating paraffin will reduce by 82c/L and LPGAS by 79c/L.
Although Finance Minister Enoch Godongwana did not increase the general fuel and Road Accident Fund levies, the carbon fuel levy will increase by 3c/L, which ultimately counters the price cuts slightly.
As per the economic outlook, the rand appreciated on average against the US dollar during the period under review. This outcome positively contributed to fuel price recoveries and fuel price cuts.
April’s decrease follows last month’s fuel price drop, which significantly impacted the overall fuel outlook for the weeks ahead of the Easter weekend.
The fuel price announcement for April means a financial boost for parents and other motorists planning to travel over the Easter weekend and those with school transport expenses for their children – a welcome development we hope to witness going forward.
Any form of relief for consumers and businesses who rely on fuel for operations is a positive outlook that we hope can help contribute positively to the financial challenges many workers face.
