News in South Africa 19th February: 1. Petrol price storm approaches: South African consumers are heading into a fuel price storm, with a petrol and diesel hike coming in March, possible fuel tax hikes in April, and the wider impact on transport, shelf prices and inflation likely to be felt in the months that follow. […]
News in South Africa 19th December: 1. Severe water shortages: Minister of Water and Sanitation, Senzo Mchunu, has pleaded with residents of Gauteng to reduce their water consumption as the water supply remains vulnerable to disruptions and may not be able to meet demand, resulting in shortages. Johannesburg and its surrounds have been hit by […]
News in South Africa 12th December: 1. NHI means more tax and less benefits: The National Health Insurance (NHI) Bill last week got the nod from the National Council of Provinces and has now been plonked in the lap of President Cyril Ramaphosa. Other than expropriation without compensation, few statutory artefacts have elicited such exasperation from those […]
News in South Africa 19th June: 1. Western Cape floods: Western Cape authorities are bracing for another cold front on Monday as the province has been hard hit by widespread flooding and damage to infrastructure. Humanitarian relief is still being provided to many areas. The floods have made many roads and bridges inaccessible. Western Cape Minister of Local […]
News in South Africa 24th May: 1. Grocery costs spike: South Africans are cutting down on groceries amidst challenging economic conditions. Stats SA will publish the latest Consumer Price Inflation numbers on Wednesday (24 May), with economists anticipating a slight drop to 6.9% from 7.1% in March. Inflation has remained sticky at elevated levels, sitting […]
News in South Africa 31st May: 1. Fuel price crisis: Government is still looking at its options as the country faces a petrol price crisis with an increase of around R3.80 a litre taking the price to about R25 a litre. The fuel levy was decreased by R1.50 two months ago, but this was only […]
News in South Africa 4th April: 1. Petrol hike lower than feared: A stronger rand exchange rate and the government’s decision to intervene on higher costs means South Africa’s ‘record’ petrol price hike this week will be comparatively muted, say economists at the Bureau for Economic Research (BER). The government’s intervention to reduce the general […]
News in South Africa 28th March: 1. Costs of living soaring: The costs of the Ukraine war have started to hit closer to home in South Africa. Workers are spending more on transport, food and electricity to make it through the month. Spiralling international oil prices, largely on the back of the Russia-Ukraine conflict, have […]
News in South Africa 8th March: 1. R40 petrol price unfounded: Fears that SA’s petrol price could double to R40/l in the short term are unfounded, but the country can still expect some economic pain as long as the Ukraine crisis continues, say economists. This was in response to media reports which shared comments that […]
News in South Africa 4th August: 1. Schools completely looted: Schools across Gauteng and KwaZulu-Natal (KZN) were looted and damaged during the recent bout of civil unrest, piling more pressure onto the education sector which has already been hurt by Covid-19 and associated lockdowns. The pandemic has had a devastating impact on education in South […]
