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Tag: December

Absa Purchasing Managers’ Index (PMI) declines by 3.1 points in December to 54.1

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) lost some momentum in December 2021 but remained in expansionary territory. The headline index declined by 3.1 points to 54.1. Excluding inventories, all the major...

Global food prices dip in December

The Food and Agriculture Organisation of the United Nations (FAO) has reported that world food prices fell slightly in December as international prices for vegetable oils and sugar fell significantly from...

December fuel price was miscalculated by six cents, department admits

The Department of Mineral Resources and Energy has apologised for miscalculating the December 2021 fuel price. According to a statement released on Wednesday, the price of both grades of petrol will increase...

The AA announces a massive fuel price hike for December

According to the Automobile Association (AA), a perfect storm of demand imbalances, refinery costs, natural gas price hikes and Rand weakness would see the petrol price close in on R20 a...

Petrol price decrease for December

There's some great news for motorists as we go into the final month of 2020. The price of petrol will be coming down. As we wind down what can only be described...

Petrol price predicted to drop in December

The petrol price is predicted to slightly decrease in December, just in time for the festive season. Mid-month data from the Central Energy Fund (CEF) reveals that that petrol 93 and 95 are...

Nearly 900 cellphones confiscated over December

This festive season proved to be a challenging one for local authorities, with over 5 000 arrests made and close to 900 cellphones confiscated from motorists. As cellphones have become a virtual...

SA will have 17 new shopping centres by the end of December

A new study published by Morgan Stanley Capital International (MSCI) Real Estate South Africa on behalf of the South African Council of Shopping Centres (SACSC), has found that local malls are getting bigger. ...

December fuel hike will leave consumers indebted and hungry – Economist

The proposed fuel hike in December is expected to hit indebted consumers the hardest. Consumers are in for another price hike with fuel expected to swell by up to 70...

Massive fuel price increase expected in December

South African motorists should brace themselves for a massive fuel price increase in December, says Hanré Rossouw, portfolio manager at Investec, speaking to Talk Radio 702. Rossouw said that an increase in...

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Two SAB plants get R5.8 billion upgrades

The R5.8 billion investment commitment made by South African Breweries (SAB) has been utilised to increase capacity at two of its plants. The company said...

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