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SA braces for steep fuel price hike

Mineral Resources and Energy Minister, Gwede Mantashe, has announced that the price of petrol and diesel are expected to increase at the beginning of March. The fuel prices for March are expected...

The AA’s fuel price prediction for February 2022

The Automobile Association (AA) predicts that from Wednesday petrol will rise by 53c a litre, diesel by 80c a litre, and illuminating paraffin by a whopping R1.01c a litre. The February...

South Africans can expect another steep petrol price hike on Wednesday

South Africans will need to brace themselves for a steep fuel increase on Wednesday, 2 February, with both 93 and 95 expected to increase by 53c a litre. Motorists utilising diesel...

Here is the official petrol price for July

According to BusinessTech The Department of Energy has published the latest fuel price adjustments for July 2021, showing a hike in prices across the board. This is how fuel prices will change...

Highest electricity price increase of last decade

As South Africans, we've become rather accustomed to the prices of just about everything going up on an annual basis. Electricity is no different. With Eskom, South Africa’s national energy provider, facing...

Repo rate to hold but a rate hike could be around the corner

The South African Reserve Bank (SARB) is set to hold the repo rate at the 23-25 March meeting, according to a unanimous vote by 25 economists on Finder’s repo rate forecast...

Tax hikes you are likely to see next week – and those you won’t

Analysts and economists are detailing their predictions for finance minister Tito Mboweni’s budget speech on 24 February, with a particular focus on taxes. The February budget typically centres around the government’s revenue...

Eskom granted permission to hike electricity prices in April

Well isn’t this just what the doctor ordered? In the middle of a global pandemic, Eskom will be allowed to increase their electricity prices by a ‘substantial amount’, in order to...

A looming further fuel price hike and subsequent inflation shock

The steadily and constant increase in international oil prices suddenly became a worrying factor for most economists, policy makers, analysts and journalists. However, already over the last twelve months fuel prices in...

Fuel price hike expected in May

South African motorists could be in for another petrol price hike next month if the latest data from the Central Energy Fund is to be believed. Mid-month data shows an under-recovery of around...

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SEW-Eurodrive ‘closes the loop’ with new service and repair centre

As part of its strategy to ‘close the loop’ in its service offering, SEW-EURODRIVE South Africa, a specialist in drive and control technologies, has...

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