Respite for consumers as fuel prices drop

Fuel Station.PIC MORERI SEJAKGOMO
Fuel Station.PIC MORERI SEJAKGOMO

The recent decrease in the prices of fuel will provide relief to consumers’ disposable incomes, which have been under pressure, according to experts.

Economic analyst at Motswedi Securities, Garry Juma said the fuel price reduction is an early Christmas for all the consumers.

“It will certainly relieve some pressure, especially from those businesses that have high fuel bills, such as in the transport sector etc,” he said.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

Have a Story? Send Us a tip
arrow up