Crippling petrol price could fuel anarchy
JUST as we were getting back to hoping there would be a decrease in the price of petrol, comes the news of another price increase of R1 a litre.
The high price of petrol could fuel anarchy.
The increase will strangle the taxpayer and the man in the street, who are struggling to survive in a tough and harsh economic world driven by escalating prices. With the fuel hikes comes a warning that if the rand continues to depreciate, petrol could soon cost R20 a litre.
The petrol price increases have a snowball effect that not only costs the country billions of rand, but results in the rocketing costs of transport, food and basic necessities.
Soon there will be job losses and more price increases across the board that will stifle any hope of growth and contribute to increased poverty and financial hardship.
Are we as a nation going to sit back and accept increases of a commodity that is the life blood of our community? South Africa is becoming one of the most expensive countries to live in.
Our economy is on shaky ground and every time there is an increase, it takes months for the economy to recover.
Thankfully, we have Visvin Reddy, the convener of People Against Petrol and Paraffin Increases.
In spite of the police using excessive force on them in their protests, they have created an impact, but the government does not care. If the petrol price is left to spiral out of control, anarchy may become the inevitable consequence.