Junk could add 40c to petrol price
Johannesburg – South Africa’s downgrade to junk could see petrol going up by at least 40c a litre next month. This is according to Neil Roets, CEO of debt counselling firm Debt Rescue, who says the increase will have an immediate impact on the price of virtually all goods and services. Earlier this month, Fitch […]
Here is the expected petrol price for May – after credit rating downgrades
Following South Africa’s downgrade to junk status by several major ratings agencies, its first major impact is set to be felt by consumers with the fuel price expected to spike in May. With the rand hovering at 13.55 to the US dollar, petrol is expected to increase by 42 cents a litre and diesel by […]
Fuel price hike!
CAPE TOWN – The Agricultural Business Chamber says next month’s expected fuel hike will offset some of the decreases in food prices over the next year. Quoting the Central Energy Fund’s figures, the Chamber’s Wandile Sihlobo says the petrol price could increase by 55 cents next month, and diesel by 37 cents per litre. According […]
‘Hefty’ fuel hike – tough times for consumers
This follows an announcement that petrol is expected to increase by 42c a litre and diesel by 39c a litre next month. While the country is reeling from the shock of devastating downgrades by two of the world’s three leading credit rating agencies, the effects of the junk status are beginning to bite the nation, […]
Junk status set to hit SA motorists in the pocket
The expected increase in the fuel price will have a knock-on effect. SOUTH Africans can expect troubled times following the country’s recent credit downgrade to ‘junk status’. According to a statement by Neil Roets, CEO of debt counselling firm Debt Rescue, the fuel price is expected to increase by more than 40 cents a litre in May. […]
Agbiz: Fuel price hike to offset food price decreases
The Agricultural Business Chamber (Agbiz) says the overall food inflation rate will still be lower this year compared to 2016. CAPE TOWN – The Agricultural Business Chamber says next month’s expected fuel hike will offset some of the decreases in food prices over the next year. Quoting the Central Energy Fund’s figures, the Chamber’s Wandile […]
Meer as 70% van middel klas ervaar finansiële spanning
Civil judgement is down by 7%
18 000 Skuldbevele In Februarie Uitgereik
Meer as 18 000 skuldbevele vir altesaam R283 miljoen is in Februarie vanjaar uitgereik. Statistieke Suid-Afrika sê die getal bevele is 7% laer as in die ooreenstemmende tydperk verlede jaar. ‘n Woordvoerder van die maatskappy, Debt Rescue, Neil Roets, sê die huidige ekonomiese onsekerheid, en ‘n moontlike verhoging van 50 sent in die brandstofprys beteken dat […]