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Implications of government’s fuel price intervention

Is the deregulation of the petrol price the answer to cheaper fuel in SA?

Government will spend at least R500 million to finance the shortfall in fuel prices for September. It is a relief, but where is that money going to come from? 

The AA’s Layton Beard speaks to Classic Business Breakfast with Moneyweb about the long-term burden and effects of the government’s fuel price intervention on the consumer.

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From the Tax payer, 20% Vat and double Fuel levies?

Borrow from Peter to Tom, and from Tom to pay Koos and then bankrupt!

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