Economy

No fuel price relief forthcoming from Treasury

Alle oë sal vandeesweek op Enoch Godongwana, minister van finansies, gerig wees vir moontlike verligting in die rekordhoë brandstofprys wanneer hy Woensdag die mediumtermynbegrotingsraamwerk in die parlement ter tafel lê.
Enoch Godongwana Finance Minister Enoch Godongwana presented a technically sound Medium-Term Budget Policy Statement, but opposition parties and unions were not impreseed. (Supplied)

Godongwana sets fiscal target, an SA first

Finance Minister Enoch Godongwana did not announce fuel price relief in the Medium-Term Budget Policy Statement tabled in Parliament on Wednesday.

Alle oë sal vandeesweek op Enoch Godongwana, minister van finansies, gerig wees vir moontlike verligting in die rekordhoë brandstofprys wanneer hy Woensdag die mediumtermynbegrotingsraamwerk in die parlement ter tafel lê.
Finance Minister Enoch Godongwana presented a technically sound Medium-Term Budget Policy Statement, but opposition parties and unions were not impreseed. (Netwerk24)

Godongwana conceded that both primary producers and consumers were suffering because of the surge in fuel prices, attributed to the US attack on Iran and the ongoing Middle East conflict.

KYK | Parlement steeds in puin: Só lyk dit ná vier jaar en R2,4 miljard (Almari Wessels)
Hanlie Nordejee

Hanlie Nordejee

Hanlie is a business journalist based in Cape Town covering macro-economics.