OFM The OFM Business Hour

AA wants to know why petrol price announcement was delayed

Loading player...
The Automobile Association (AA) will approach parliament to find out why the Department of Mineral Resources and Energy’s announcement on record high petrol prices was kept to the last minute on Election Day. On Wednesday already financially strained South Africans started paying R 1, 21 a litre for petrol, R 1, 48 a litre for diesel and R 1, 45 a litre in paraffin. The announcement was reportedly made by the aforementioned department late on Monday evening as many citizens approached the final hour of voting on Election Day. The AA is of the view that the release was delayed to protect the “incumbent government” from any backlash. According to the AA the statement from DMRE was slated for release on 28 October but was only issued on 1 November. Spokesperson for the AA, Layton Beard got into the impact of the fuel price on burdened South Africans on the OFM Business Hour.
4 Nov 2021 12PM English South Africa Business · Daily News

Other recent episodes

Kimberley businesses criticise Sol Plaatje’s IDP consultations

Businesses in Kimberley have raised concerns over the Sol Plaatje Local Municipality’s recent consultative processes around its Integrated Development Plan (IDP). An IDP outlines a municipality’s short, medium and long-term goals for economic and social development and is reviewed annually as part of the budget process. Northern Cape Chamber of…
9 Feb 7AM 5 min

NOCCI marks 150 years with big plans ahead

The Northern Cape Chamber of Commerce and Industry (NOCCI) will celebrate a major milestone in 2026 as it turns 150 years old. CEO Sharon Steyn told the OFM Business Hour that exciting plans are in the works, including a special birthday celebration at the annual general meeting, while the chamber’s…
2 Feb 7AM 4 min

WEF 2026 key takeaways for African countries

This year’s World Economic Forum (WEF) in Davos, Switzerland, underscored a simple truth: the rules-based global order as we knew it is shifting. But is this a moment of crisis or a window of opportunity particularly for African countries? International relations analyst Aaliyah Vayez unpacks the standout moments from WEF…
26 Jan 9AM 45 min
All episodes