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Removal of e-tolls may also raise petrol prices, according to Mantashe

Image: PUXLEY MAKGATHO

Minister Gwede Mantashe of the Department of Mineral Resources and Energy (DMRE) has warned that removing e-tolls could result in South Africans paying even more for fuel.

Petrol prices were expected to rise by 81 cents a litre on Wednesday, December 1, but instead rose by 75 cents a litre. This occurred due to a calculation error.

"The 6 cents difference is due to the fact that the adjustment of wages for service station workers had already been implemented in September 2021," the department said in a statement on Wednesday morning. 

According to an article published by News24 on December 2, 2021, Mantashe stated that scrapping the system would result in consumers paying high fuel prices.

Mantashe acknowledged that rising petrol prices posed an additional burden for consumers who were already struggling financially.

He also stated that the government cannot intervene to reduce the latest fuel price increase.

“There’s nothing we can do unless we change the formula; it goes up, it goes down,” he said.

EARLIER THIS WEEK

Transport Minister Fikile Mbalula stated that the decision on the continuation of e-tolls will be announced by Finance Minister Enoch Godongwana during the 2022 budget speech in February.

He added that Treasury is investigating the financial implications of discontinuing e-tolling.

Content created and supplied by: General_Citizen (via Opera News )

Department of Mineral Gwede Mantashe Mantashe News24

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