Tuesday, January 27, 2009

Cosatu worried about fuel increase

By Yamkela Xhaso
27 January

Filling stations are expecting to be busy over the next week after another economist predicted a rise in the price of petrol next Wednesday.
The price for the increase is expected to be between 30- and 50- cents.

However the Congress of South Africa’s Trade Union says it is worried about this increase. Cosatu’s spokesperson Patrick Craven says the previous drop did not have a huge effect on food and taxi fares.

“Prices particularly food and transport fares that went up when the petrol price went up but did not climb down when the petrol price came down”

Craven said the worry comes when fuel is likely to come up again it will have an effect on other sorts of items.

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