Food inflation was unchanged at 6.7% in July, but remained elevated on continued upward pressure from prices for meat and the oils and fats category.
The fuel price announcement for March was made by Minister of Energy, Jeff Radebe, on Monday morning
Police and soldiers launched a large-scale operation against suspected protesters last week, which was triggered by a rise in fuel prices
Bosasa and the bribery ‘cult’: Bank vaults of cash, the ‘orders of chicken’ and Dudu Myeni. How state capture involved so much more than the Guptas
Fearing for her life, outspoken commentator Thandekile Moyo fled Zimbabwe this week with little more than the change in her pocket
The protests began on Monday after President Emmerson Mnangagwa had announced a hike in fuel prices by up to 150%
A new model is in the pipeline but the current fund’s liabilities are projected to rise to R393-billion by 2021-2022
Illuminating paraffin will increase 28 c/l increase and single maximum national retail price for illuminating paraffin will increase 37 c/l
It is not only motorists who are hurt by the increases. Everyone needs transport and food prices will rise too
A task team is examining what to do to cushion the blow of another increase
In a reply sent to MPs last week, Minister Pravin Gordhan says an increase in fuel prices above budgeted levels impacted most state-owned entities
South Africans can expect another increase in the price of petrol, diesel and illuminating paraffin in August says the AA
There is a strong likelihood of a fuel price hike to record levels in May, says the Automobile Association
The price of all grades of petrol will increase by 39 cents, and all grades of diesel by 24.2 cents a litre on Wednesday, says the energy department.
The new regulatory system is meant to introduce tranparency, but not all the players are happy.
South Africa should brace itself this year as the rise in petrol prices and electricity tariffs will swallow any money gained from tax breaks.
The retail price of all grades of petrol will increase by 41 cents per litre, says the department of energy.
Sanctions on Iran have pushed up the oil price, but government’s levies and tariffs are not easing the pain as massive fuel price hikes hit consumers.
The department of energy says the recent drastic fuel price increase is due to external factors and has urged South Africans to be fuel efficient.
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