Economists weigh in on Gordhan’s plans

#Budget2016 / Johannesburg – Economists and financial analysts have reacted to Finance Minister Pravin Gordhan’s budget speech… * In addressing the persistent budget deficits, as expected, a combination of increased taxes and cost containment has been proposed, with forecasts of a reduction in the budget deficit to 2.4 percent in 2019. With respect to increased […]

How the new fuel levy will hit South Africa’s petrol price

South Africa’s petrol price has fluctuated recently due mainly to an extremely liquid currency, which hit a worst ever level against the dollar, and an oil price which has traded at record lows. The petrol price however, is comprised of a number of different fees, which all contribute to the total per litre cost of […]