South African fuel prices are set for significant hikes in September, with diesel users facing the steepest increases amid rising oil prices and rand fluctuations.
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Anaylst and forcasters at Oxford Economics Africa have warrned that Mzansi will have the slowest growing economy conpared to other African economies in 2023.
Eskom COO Jan Oberholzer paints a dire picture, including 18 months of uninterrupted loadshedding
Eskom Chief Operating Officer Jan Oberholzer said that South Africa has another 18 months of loadshedding before the power utility can increase generation.
Food prices go up by 14% compared to last year as petrol price set to decrease
South Africans are paying at least R586.39 more for a household basket compared to September last year, according to the Household Affordability Index report.
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Reserve Bank to hike up repo rate by 75 basis points to put brakes on inflation, SA horrified by increase
The South African Reserve Bank’s (SARB) key interest rate is expected to rise by 75 basis points next week in an attempt to brake inflation in the country.
Barclays to hire more South African bankers to capitalise on Africa's R 37 trillion of private wealth
Barclays Bank is looking to hire more South African bankers as the it plans to expand its franchises in south, north and west Africa to target Africa's 1%.
R6.4 billion buyout: Walmart offers to buy out Massmart shareholders, plans to delist the retailer on stock exchange
Walmart, a major US retailer, plans to buy out South African retail conglomerate Massmart's stockholders for R6.4 billion and remove the business from the JSE.
South Africans paying R500 more for groceries, Briefly News readers share how much they spend per month
The Pietermaritzburg Economic Justice & Dignity Group (PMBEJD) recently compiled an index and found that South Africans are spending R500 more on groceries.
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