Fuel price hike, fuel price increase, petrol price, fuel levy reduction, Government, Cosatu, Congress of South African Trade Unions

Cosatu wants Government to extend the fuel levy reduction and use the time to find a sustainable solution to the rising fuel costs. Photo: Pascal_84 and Andrew Diesel / Flickr

Cosatu calls on Government to EXTEND fuel levy reduction

Cosatu has called on Government to find a sustainable solution to the fuel increase and in the meantime, extend the levy reduction.

Fuel price hike, fuel price increase, petrol price, fuel levy reduction, Government, Cosatu, Congress of South African Trade Unions

Cosatu wants Government to extend the fuel levy reduction and use the time to find a sustainable solution to the rising fuel costs. Photo: Pascal_84 and Andrew Diesel / Flickr

Congress of South African Trade Unions (Cosatu) has made calls for the Government to extend the temporary fuel level reduction. The trade union federation wants the fuel levy reduction of R1.50 to go beyond 31 May.

Cosatu wants Government to find a sustainable solution

Cosatu also wants the Government to use the time of the extension to look at a more sustainable solution to the fuel price in South Africa. The federation was holding a media briefing in Johannesburg on Thursday, 26 May.

This follows its central executive committee meeting that happened earlier this week. Cosatu Secretary-General Bheki Ntshalintshali said they are calling on the Government to take drastic steps to fix the problems being faced.

Financial pressure is being felt in most SA households

Most households are battling financially with the constant rise in prices of food, fuel and other consumer products. The expected fuel price increase next month could worsen the situation for consumers who are already struggling to get by.

 “We are calling on government to take drastic steps to fix these problems and stop outsourcing its responsibility to the private sector,”

said Ntshalintshali.

Cosatu also called on Government to extend the R350 Social Relief of Distress (SRD) grant beyond 2022. It said that Government could use the SRD grant as a foundation for the Basic Income Grant in SA, reports EWN.

SA could SLASH 33% off its petrol price – if these proposals are accepted

Make no bones about it, the petrol price situation in South Africa is becoming traumatic. Nightmare fuel costs, and their knock-on effects, are threatening to put millions of citizens on the brink. But could these new proposals help ease the burden?

The DA believes it has an enactable plan that can relieve the pressure on households across the country. They are lobbying Finance Minister Enoch Godongwana, asking him to consider scrapping ALL TAXES AND LEVIES on the current petrol price.

The basic fuel price is related to the costs of purchasing petroleum products from international markets, and the costs related to shipping these products to South Africa. That makes up almost HALF of the total value. Read the full story here.