BusinessTech

The industry’s top experts offer their best advice, research, how-to’s, and insights

Expect another petrol price hike in April Motorists can expect a big petrol price hike in April, due to rising global oil price, a weaker rand and the introduction of new fuel taxes. According to the latest data from the Central Energy Fund (26 March), South African motorists should anticipate a hike at the pumps… Continued

Dawie Roodt, chief economist at the Efficient Group, believes that there is little reason to be optimistic now that South Africa is no longer in a technical recession. Statistics South Africa revealed on Tuesday (4 November) that the country’s economy expanded by 2.2% in the third quarter – effectively ending the country’s negative growth trajectory.… Continued

Government’s ‘artificial’ support for the fuel price, to counter the 23-25 cents a litre increase that had been expected, will come back to haunt consumers in months to come, says economist Dawie Roodt. The department of energy announced on Monday (3 September) that a once-off intervention by the government would see no fuel price increase… Continued

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