NATIONAL NEWS - On Wednesday, 3 October the petrol price increased by 99c per litre.
The Democratic Alliance (DA) notes in a press release: "This is the seventh increase in just 10 months. It is a vote of no confidence in President Cyril Ramaphosa’s ANC and its ability to fix our economy, make life easier for South Africans and create access to jobs for those without work."
The DA continues:
- South Africans are getting poorer and the ANC government's answer is to increase prices.
- Unemployment is at a record high.
- The rand is weak.
- The cost of living has gone up.
- Income tax has gone up.
- VAT has gone up.
- Electricity has gone up.
- Food has gone up.
The ANC cannot continue to blame these fuel price increases on international markets. The reality is that almost a third of the cost of petrol per litre goes directly to the government.
This means our petrol is between R4 and R7 more expensive than petrol in Namibia, Botswana, Swaziland and Lesotho.
The lives of all South Africans will only get better when we kick-start our economy. To make this happen, the DA would do the following:
- Stop reckless economic policies.
- Cut the size of the Cabinet from 35 to 15 ministries.
- Introduce an economic austerity plan to bring down government spending.
- Take action to make sure government stops the massive losses made by state-owned enterprises such as SAA and Eskom.
- Fund revenue shortfalls by cutting wasteful expenditure, not adding taxes.
- The DA has started a petition against these heavy taxes and we encourage all South Africans to sign it.
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