Respite for consumers as fuel prices drop
Tuesday, September 08, 2015
Fuel Station.PIC MORERI SEJAKGOMO
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.
According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...