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Speed Limit Reduction on the Cards?

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Energy Minister Dipuo Peters has instructed a team to determine speed limit reductions as a way to save fuel.

“I have instructed my team to determine the level at which a reduction of the speed limit may be necessary,” she said, adding that this would be in consultation with the Department of Transport.

The minister said that recent events including the rise of the petrol price by 29 cents in May has the potential of disrupting South Africa’s economic growth prospects.

She said the increase in the last two-years of crude oil prices are of concern. “I am concerned about the impact on the ordinary farmer and the impact paraffin price increases have on the poorest of the poor,” she explained.

However, South Africans, she said, need to recognise that the low fuel prices experienced in 2009 were as a result of an unprecedented economic downturn and that recent calls for a reduction in fuel taxes are unfortunate given South Africa’s transparency around fuel pricing.

“Fuel taxes are still lower than in many of our trading partners and are certainly amongst the lowest in the G-20 countries,” the minister added.

She urged South Africans to practice fuel efficiency methods. – BuaNews

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Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.

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  1. Tell that to your big-wig ANC comrades – you know, the ones who are so important as to have chaffeurs and blue lights (like Winnie) who are entitled to break the speed limit and woe betide anyone who tells them otherwise.Like in Animal Farm, it is very apparent that some comrades are far more equal than others. Viva Africa’s most Notorious Criminals…

  2. Speed limits in many areas are already lower than they should be. Lowering the speed limit further may reduce overall fuel consumption, but (in my opinion) not on a large enough scale to make a real difference. The increased price of Brent Crude Oil is largely due to Investors purchasing Options on oil, which increases demand and the subsequently price thereof. Just like the price hike that was experienced some years ago, the price of Crude Oil will drop again once the profit projections on these Options become minimal or result in a loss.