The Western Cape Premier Alan Winde has raised alarm over the apparent hoarding of fuel by some suppliers, a move he deems as unethical and detrimental to the economic stability of the province, reports Cape {town} Etc.
In a letter addressed to both the Presidency and the Minister of Mineral and Petroleum Resources, Winde implored fuel suppliers to maintain consistent deliveries, particularly to the agricultural sector, which plays a pivotal role in South Africa’s economy by contributing over 50% of the nation’s exports.
‘Withholding supply places the economy and livelihoods at great risk,’ Winde warned.
He stressed the urgency of the situation, calling on national government intervention to ensure that the fuel market remains stable and to prevent avoidable disruptions that could have far-reaching consequences across primary economic sectors.
The timing of Winde’s intervention aligns with reports from the Competition Commission South Africa, which has reiterated that price gouging is illegal. Suppliers who inflate their prices ahead of anticipated cost increases, or who raise prices disproportionately compared to actual increases, could face prosecution.
The Commission has encouraged consumers to report any suspected cases of price gouging via the email address: [email protected].
Cape {town} Etc Discount Alert! Unlock Cape Town’s best experiences for half the price! From unforgettable adventures to hidden gems and mouthwatering restaurants, these limited-time deals won’t last long. Snag your discount before they’re gone!
Reports indicate that certain filling stations across the province are experiencing fuel shortages, with diesel appearing to be the most significantly affected due to high demand, particularly from the agriculture sector.
In response to these reports, Winde urged residents to alert authorities about fuel shortages directly to the Department of Mineral and Petroleum Resources at [email protected].
The Provincial Disaster Management Centre (PDMC), along with the Fuel Industry Association of South Africa (FIASA) and other stakeholders, is closely monitoring the fuel supply situation.
This week, FIASA reassured the provincial government that there is currently sufficient fuel available on a national level to meet demand. Therefore, the shortages being experienced at individual stations are likely the result of market manipulation, rather than overall supply issues.
Winde emphasised the need for national government to take decisive action against unscrupulous suppliers, stating, ‘Provinces have no mandate over fuel supply matters. It is, therefore, critical that national government steps in. Their actions can derail the entire country’s economic recovery,’
Be the first to know – Join our WhatsApp Channel for content worth tapping into! Click here to join!
Also read:
Watch: Cape Town motorist warns of rationing, Winde responds
Picture: Gallo Images / Misha Jordaan
capeetc
www.capetownetc.com