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Govt looking at reducing fuel price

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By Lungile Ntimba

The government is in discussions to intervene in the reduction of administered prices in South Africa, according to Minerals and Resources Minister Gwede Mantashe.

He said the fuel price directly influenced the cost of living for South Africans.

“If the fuel price goes up, the cost of living goes up, which is not good for our society. To make life more affordable for all South Africans, we have already begun discussions on reducing administered prices, including the price of fuel and electricity.

“Included in the discussions of fuel prices are discussions on, but not limited to, the general fuel and the Road Accident Fund levies” the minister said.

Mantashe was addressing the Africa Oil Week in Cape Town.

“In the fuel price, there is the general fuel levy, there is the Road Accident Fund linked to the price of fuel. Our argument is that you are distorting

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