Ramaphosa says Govt looking at options as fuel prices climb

Fuel prices are expected to rise again in the coming weeks, which will further increase the cost of living for the financially strained South African population.

President Cyril Ramaphosa says the government subsidised South Africans by R24-billion during the previous fuel price increase. The cost of living is set to go up again with the projected fuel price increases.

Financially overburdened South Africans will once again feel the pinch as the ripple effect of high fuel prices will consideration on what needs to be done. You must remember that when the fuel price rose a few months ago, government intervened and poured into subsidies. subsidy system about 24 billion rand.

The economy is not growing at the desired rate by government, with critical sectors contracting in last quarterly surveys.