AA wants to know why petrol price announcement was delayed

Loading player...
The Automobile Association (AA) will approach parliament to find out why the Department of Mineral Resources and Energy’s announcement on record high petrol prices was kept to the last minute on Election Day. On Wednesday already financially strained South Africans started paying R 1, 21 a litre for petrol, R 1, 48 a litre for diesel and R 1, 45 a litre in paraffin. The announcement was reportedly made by the aforementioned department late on Monday evening as many citizens approached the final hour of voting on Election Day. The AA is of the view that the release was delayed to protect the “incumbent government” from any backlash. According to the AA the statement from DMRE was slated for release on 28 October but was only issued on 1 November. Spokesperson for the AA, Layton Beard got into the impact of the fuel price on burdened South Africans on the OFM Business Hour.
4 Nov 2021 12PM English South Africa Business · Daily News

Other recent episodes

Corporate giving in SA up by 3% to R13.1bn in 2025

South Africa’s CSI spend is up by 3% to R13.1bn in 2025. This is outlined in the 28th edition of the Trialogue Business in Society Handbook. The book this year focuses on the power of measurement in driving social impact, stressing the importance of strategic CSI. Cathy Duff, Trialogue Director…
11 Dec 1PM 10 min

SA’s retail sector gains momentum as sales and confidence rebound

The Bureau of Economic Research's Retail Survey for the fourth quarter of 2025 shows business confidence in the sector jumped to 43% up from 32%, returning to levels seen during the first half of the year. The BER’s Nomvelo Moima attributes the improved sentiment to “more favourable trading conditions, buoyed…
11 Dec 12PM 6 min

MTN wants customers to thrive during “Do Not Disturb The Season”

MTN wants customers to relax, unwind and thrive this summer, and is offering great internet deals to support that. The “Do Not Disturb The Season” campaign encourages hardworking South Africans to take a well-deserved festive break through a range of special data and home internet deals designed to keep everyone…
11 Dec 5AM 5 min

KDC Skateboarding Championships a boost for Kimberley's economy

The final leg of the 2025 Kimberley Diamond Cup (KDC) Skateboarding Championship on 5 and 6 December is a boost for the economy of the Northern Cape capital. KDC project manager and Northern Cape Department of Economic Development and Tourism assistant director, Andile Mlawu, tells the OFM Business Hour that…
4 Dec 4AM 6 min