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Business owners appeal to Mboweni to address fuel price increases

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Some business people in Polokwane, Limpopo, have appealed to Finance Minister Tito Mboweni to urgently address the increasing fuel prices.

Mboweni was campaigning for the ANC in the city’s Nirvana and Westernberg suburbs and met some business people.

The price of petrol will increase by 54 cents, diesel by one cent and illuminating paraffin will go up by three cents per litre from Wednesday.

A construction company owner, who wants to remain anonymous, says high fuel prices have negatively affected his business.

“One of the key basic challenges that one would expect government to look at is your current fuel pricing and your pricing system. An increase on fuel, obviously has a knock on effect on everything, be it your basic groceries, to your building material. As we speak, in this industry where you have to cut things, long distances, your major effect is your fuel price. So we eagerly await and even after elections, to see how government would make fuel more affordable,” says a business owner.

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