SIKONATHI MANTSHANTSHA: It’s all about corruption
There are more, and sharper, increases on the way — and more tax increases — to pay for the rampant corruption of your government
So you are shocked and annoyed that you are now paying a record-high R17.08 for a litre of unleaded petrol in the inland provinces? Well, before you start crying into your tea about the cost of vehicle fuel, go check the oil price again. There are more, and sharper, increases on the way — and more tax increases — to pay for the rampant corruption of your government. The latest R1-a-litre jump was based on an increase of $4 a barrel in the oil price in September, to $78.25/bbl. Since the last week of September, the oil price has jumped to an average $85/bbl. At the end of October, energy minister Jeff Radebe will announce another heavy fuel price increase for November. That will be a nasty early festive-season gift from the government, which has to bear a lot of the responsibility for the spiralling cost of doing business. We have had seven fuel price increases this year. The November price increase will not be the last. Radebe will be back again at the end of November to give us ano...
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