Solidarity proposes alternative petrol price model

Loading player...
[BUSIESS TECH] Labour union Solidarity has drafted a parliamentary petition to deregulate the country’s petrol price and lower fuel costs.
Solidarity said that the determination of fuel prices should be left entirely to the market so that healthy competition can prevail for the benefit of consumers.
Solidarity said that most other countries leave the determination of fuel prices entirely to the market and where prices are indeed regulated, it is to keep them low.
2 Mar 2022 4AM English South Africa Business News · Investing

Other recent episodes

SA’s Draft AI Policy: The Cost of Getting It Wrong

Free SA spokesperson Gideon Joubert discusses the organization's concerns about South Africa’s Draft National AI Policy—including expanded bureaucracy, duplicated institutions, and barriers for startups.
21 Apr 4PM 5 min

Legal AI Time Bombs

Pinsent Masons’ Geoffrey Allsop explains why employers are already legally liable for AI‑driven decisions under South African law. We explore discrimination risks from foreign‑trained models and what the Draft AI Policy signals for workplace regulation.
21 Apr 4PM 9 min

Understanding SA’s Draft AI Policy

Werksmans’ Ahmore Burger‑Smidt unpacks South Africa’s Draft National AI Policy. This includes the proposed new AI institutions, privacy blind spots, and the implications for business.
21 Apr 4PM 21 min