This is the fourth consecutive monthly decrease in petrol prices
Although the average price of Brent crude oil price increased during the period under review, this was offset by a stronger rand against the US dollar
Gauteng, KwaZulu-Natal and Western Cape refrain from increasing taxi fares but haven’t ruled out the possibility
Reserve Bank’s inflation forecast likely to be pushed up, with Eskom set to increase the price of electricity by 18.65% from April
Global dynamics and South Africa’s energy crisis will weigh on domestic growth for years to come. But green investment could, eventually, resuscitate the economy
With high prices continuing to bear down on consumers the world over, leaders who fail to bring inflation to heel could face a reckoning
Consumers, who have remained resilient despite South Africa’s economic woes over the past decade, are being squeezed on all fronts. What are the policy options? Or is it the same old, same old
The finance minister says there is a long-term intervention in the pipeline to address fuel prices, but the global situation has prompted the treasury to moot emergency relief
Analysts say the Reserve Bank could start tightening monetary policy as early as next month
But higher petrol and electricity prices are expected to drive up price inflation throughout the economy
The protests began on Monday after President Emmerson Mnangagwa had announced a hike in fuel prices by up to 150%
The portfolio committee on energy resolved it would write to Energy Minister Jeff Radebe to voice its dissatisfaction at being left in the lurch
An indaba or a pre-elective conference — how wording is alleged to have sparked strike action
Weak annual growth will put the 2018 fiscal targets outlined by the treasury in the February Budget under strain
There is a strong likelihood of a fuel price hike to record levels in May, says the Automobile Association
The local fuel price is determined by far more than just the international price of raw crude.
The energy department has announced the new fuel prices that will go into effect next week.
Investor fears over rising food and fuel prices will set the tone for economic data releases from the US, Europe, India and South Africa this week.
Indonesia’s parliament voted on Saturday to give the government authority to raise subsidised fuel prices under certain conditions.
Nigeria’s Goodluck Jonathan has cut petrol prices and mass protests were suspended in an effort to continue talks over suspended fuel subsidies.
A small crowd in Lagos were tear gassed and demonstrators in Kano have been arrested for protesting over soaring fuel prices.
The retail price of all grades of petrol will increase by 54 cents a litre on Wednesday, the energy department said on Friday.
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/ 30 October 2008
Rising fuel costs make electric golf carts an unusual alternative to cars.
When prices go up, in most cases consumption goes down, although there are some famous exceptions to this rule.
The shipping industry has the mettle to withstand the recession, writes Lynley Donnelly.
Obama is right about energy keeping them pumped up. Lynley Donnelly reports.
Cabinet on Thursday highlighted strategies it says are necessary to deal with rising food prices and reduce the country’s reliance on food imports.
Chaotic transport is a part of life in West Africa, but getting to work has become harder as rocketing fuel prices ignite protests by bus drivers.
About 25 000 Cosatu members started marching to Eskom’s offices in Johannesburg on Wednesday to protest against rising electricity and food prices.
The cure for the high oil price is the high oil price, writes Maya Fisher-French
Passengers travelling from areas outside the CBD will now pay two fares, one into the CBD and another for the journey onwards to suburbs such as Bryan
Investors have concerns about South Africa, former Federal Reserve chairperson Alan Greenspan told a conference in Sandton on Tuesday.