OUTA calls for transparency over SA's fuel reserves

The Organisation Undoing Tax Abuse (OUTA) is calling on government to be more transparent about South Africa’s strategic oil reserves, following the extension of fuel levy relief. 

The R3 fuel levy relief was extended for another month on Tuesday to help ease the impact of high fuel prices. 

While OUTA has welcomed the extension, it said there is still uncertainty over whether the country has enough fuel reserves. 

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OUTA CEO Wayne Duvenage said government needs to be more transparent.

"What we would like to see is transparency about our oil reserves even though they aren’t as plentiful as we understand. During times like these, it might be advisable for the government to introduce those fuel stocks into the systems to reduce the cost."