Tag: increasing
South Africa’s budget deficit, debt seen widening as virus hits economy
South Africa’s budget deficit is projected to widen sharply while debt is seen ballooning significantly, the Treasury said on Wednesday, as the COVID-19 pandemic further stifles the recession-hit economy.
In a supplementary budget in response...
Further fuel price increases expected in November
Fuel prices are expected to rise further in November due to the continued rise in the crude oil price and the weakening of the exchange rate, says independent economist Fanie Brink.
...
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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...
