Ramaphosa takes an "extraordinary step" on the price of fuel, VAT



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In two weeks, President Cyril Ramaphosa will announce economic measures to help South Africans cope with rising fuel prices and the recent increase in VAT.

According to a statement released on Friday, Ramaphosa said: Reside away from work places and that simply means spending more on travel and fuel costs. But small businesses are also the engine of economic growth and job creation, goals of this administration.

The chairman of the parliamentary commission for economic and commercial development, Mandla Rayi, hailed what he calls "the extraordinary" initiative of Ramaphosa. South Africans

"It has never happened that a head of state will go that far and this kind of commitment to a nation is welcome. This is appreciated, especially if we look at the impact that these fuel increases will have on struggling small businesses, fuel price increases have probably had a negative impact on economic growth and low-wage jobs. "[19659005] (function (d, s, id) {
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