Two Thirds of South Africans are Struggling to put food on the table
Brent crude futures slip amid easing Middle East concerns and U.S. job growth
Oil prices made a downward turn on Friday, spurred by easing Middle East supply concerns amidst the Israel-Hamas war and speculation of the US Federal Reserve halting interest rate hikes. Brent crude futures were recorded at $84.89 a barrel while West Texas Intermediate crude stood at $80.51 a barrel, marking a weekly drop exceeding 6%. […]
Steady as she goes for lower fuel prices to continue over the festive season
By Edward West The prediction of stabler international oil prices – which underpin local fuel prices – comes as many have decried the significance of the small R1.78 per litre cut in the petrol price from last Wednesday, as “too little too late” for struggling South African consumers. FUEL prices in South Africa are likely […]
How Godongwana’s mid-term budget will impact households across SA
By Ashley Lechman There are concerns about what the finance minister’s spending cuts and tax increases will mean for the country’s stability and, more importantly, the economic stability of citizens already buckling under the weight of the unsustainable cost of living. AS MANY South Africans run out of money before their next pay cheque, it […]