South Africa faces steep fuel price increases from 2 September 2026, with diesel rising significantly due to high oil prices amid geopolitical tensions.
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Clicks launches new retailer to rival major SA grocery stores, sparking mixed feelings online
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Fuel prices set to rise? What South Africans need to know for September
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UK, US forces repel 'largest attack' yet by Huthis in Red Sea
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Boeing shares tumble as company lowers 2024 cash forecast
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Asian markets lifted by US data and fresh rate cut hopes
Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year. But those concerns were allayed somewhat Wednesday when Powell said he still saw cuts coming this year.
Three companies in the running for NASA's next Moon rover
Three companies are in the running to provide NASA's next Moon rover for crewed missions planned later this decade, the space agency said Wednesday.
Disney wins proxy fight, turning back activists
Disney's leadership prevailed Wednesday in a high-profile and costly proxy contest against activist investors who had sought to shake up the company's board over concerns about successorship planning.
Cutting rates too soon could be 'quite disruptive': Fed's Powell
The US Federal Reserve's high benchmark rate is "doing its job" against elevated inflation, chairman Jerome Powell said Wednesday, warning that lowering it too soon could be "quite disruptive" for the American economy.
US Fed should avoid climate change 'mission creep': Powell
The Federal Reserve should avoid tackling politically-charged issues like climate change without Congressional approval if it is to maintain public trust in the institution, the head of the US central bank said Wednesday. The Fed should avoid "mission creep" in order to "maintain the public's trust" in the institution, Powell said.
Disney investors to vote on winner in succession proxy war
Disney shareholders will deliver a verdict later Wednesday in the company's long-running struggle over leadership at one of the spring's most costly and closely-watched annual meetings. "The root cause of Disney's underperformance... is a board that is too closely connected to a long-tenured CEO and too disconnected from shareholder interests," Trian said in December.
EU probes Chinese-owned solar panel firms over subsidies
The European Union on Wednesday announced investigations targeting two Chinese-owned solar panel manufacturers suspected of receiving subsidies as trade tensions heat up between Brussels and Beijing. In 2013, the EU imposed anti-dumping duties after European manufacturers said they were being forced out of business by underpriced Chinese panel imports.
US private sector hiring picks up again in March
US private sector hiring came in well above expectations last month, payroll firm ADP said Wednesday, with construction, financial services and manufacturing all contributing to the increase. "The three biggest increases for job-changers were in construction, financial services, and manufacturing," she added.
Turks left scrimping after inflation stokes rebuke to Erdogan
As the euphoria of a municipal election drubbing for President Recep Tayyip Erdogan ebbs, Turks are left watching their wallets with inflation that has sapped the longtime leader's appeal driving up costs for everyday basics.
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