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Labour federation, COSATU, says the looming fuel price cuts will provide much-needed relief for millions of struggling South Africans, while also helping to support an economy still grappling with sluggish growth. Motorists are set to pay less at the pumps from tomorrow. The price of 93-octane petrol will decrease by R2.01 per litre, while 95-octane petrol will drop by R1.96 per litre. Diesel prices will fall by between R3.13 and […]
Economist, Dawie Roodt, says the decision to keep interest rates unchanged comes as no surprise, but warns that escalating tensions in the Middle East are creating uncertainty about the economic outlook. His remarks come after the South African Reserve Bank's (SARB) decision to hold the repo rate at 6.75%, with the prime lending rate remaining at 10.25%. Roodt however cautioned that the ongoing conflict is already driving up global oil […]
Economist, Dawie Roodt, says the latest inflation data is a positive sign for the economy, noting that price pressures are easing faster than many had anticipated. Stats SA on Monday announced that annual CPI slowed to 3% in February, down from 3.5% in January, with prices rising by just 0.4% month-on-month. #SAInflation || Inflation eases further in Feb 2026. South African annual consumer price inflation cooled to 3,0% in February […]
