The Department of Mineral Resources and Energy has announced the latest fuel price adjustments, set to take effect on Wednesday, 2 October 2024.
Although fuel prices have decreased, the reduction is deemed insufficient to offset the prolonged financial strain on South Africans. The country’s economic challenges persist, with many still reeling from record-high fuel costs that have driven up food prices and deepened poverty.
The minimal decrease offers scant relief to struggling households and businesses, leaving concerns about the long-term sustainability of fuel prices and their impact on the nation’s economic well-being.
South Africa’s poverty crisis continues unabated, with millions facing daily hardships. The fuel price decrease, while welcome, is seen as inadequate to address the scale of economic distress.
