In The Press


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Mid-month unaudited data from the Central Energy Fund (CEF) is predicting the biggest fuel price hike in South Africa’s history by some margin, says the Automobile Association (AA). “A spike in international oil prices and a huge swing in the Rand/US dollar exchange rate have combined to predict a knockout blow at the pumps at… Continued

The fact that the gov­ern­ment has by ar­ti­fi­cial means sup­ported the fuel price to keep it well be­low the 23c-25c a litre that had been ex­pected will come back to haunt con­sumers in months to come says econ­o­mist Dawie Roodt. “There is a set for­mula that the en­ergy depart­ment and econ­o­mists use to cal­cu­late the… Continued

Government’s petrol price intervention Government’s petrol price intervention could mean even higher prices in October and beyond: Dawie Roodt 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… Continued

Despite the loss of another 105,000 jobs in the second quarter of 2018, and the fact that Reserve Bank governor Lesetja Kganyago admitted that the current economic growth trajectory remained too low to tackle South Africa’s unemployment crisis, the government seems hell-bent in continuing with legislation to write off the debts of certain groups of debtors.… Continued

THE rise in the cost of living is fast outstripping consumers’ incomes. According to Statistics SA (StatsSA), fuel and the price of meat has increased by 9% compared to last year. Primary and secondary education has in creased by 7.7%while books and stationery have gone up by 7.2%. Water and other services have gone up by 7.2%, while… Continued

Terwyl verbruikers nog steier onder die brandstof prys verhoging van 260per liter vir 95-oktaan-petrol en 24c per liter vir diesel, is daar reeds sprake van nog ‘n verhoging van sowat 25¢per liter in Augustus. Neil Roets, uitvoerende hoof van Debt Rescue, sé maandelikse prys skokke raak moeilik vir verbruikers. “Meer as die helfte van verbruikers is… Continued

Cape Town – The rise in the cost of living is fast outstripping consumers’ incomes. According to Statistics SA (StatsSA), fuel and the price of meat has increased by 9% compared to last year. Primary and secondary education has increased by 7.7% while books and stationery have gone up by 7.2%. Water and other services… Continued

MORE steep petrol prices could be in store for motorists next month, while road users woke up to record-breaking fuel prices today. This was the view of experts yesterday when they predicted a further 25¢hike next month. Efficient Group economist Dawie Roodt predicted a 25¢ increase for August, adding that this could be greater if the… Continued

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