Trade union Uasa said that they welcome the lower fuel price announced by the Department of Mineral Resources and Energy (DMRE).
Abigail Moyo, spokesperson for Uasa said that the fifth consecutive month of fuel price cuts brings us back to prices last seen before the Russia-Ukraine war started in 2022, giving consumers some cash back after hitting the pumps.
“The DMRE says motorists can look forward to paying R1.14/L less for 95 unleaded petrol and R1.06/L less for 93 unleaded petrol. Diesel will decrease by R1.12/L for 0.005% sulphur and R1.14/L for 0.05% sulphur diesel. The wholesale price of illuminating paraffin will decrease by R1.11/L, while the maximum LP gas retail price will increase by 23c per KG.”
Moyo added that the union was pleased with the current economic outlook, which has finally turned to favour workers, with the Consumer Price Inflation (CPI) lowering to workers’ affordability target band.
“The first repo rate cut in four years also recently lessened workers’ household expenses.The overall cost of living has become a nightmare for average consumers, and such relief brings hope for higher consumer spending.The new adjusted fuel prices will be effective from Wednesday.
The Mercury