No fuel price relief forthcoming from Treasury
Finance Minister Enoch Godongwana announced a fixed fiscal target - a first for SA.
Final fuel price expectations looking glum
Even with the final over- and underrecoveries for the month finalised by the Central Energy Fund, there is still some uncertainty whether the petrol price will increase or decrease on Monday.
Expected price hike grows, petrol spared — for now
South Africans may have been spared an interest rate hike this week, but the outlook for fuel and goods prices has definitely soured.
Reserve Bank’s hawks might still be circling despite rate pause
The SA Reserve Bank had more to say about constraints on economic growth than about inflationary pressures on Thursday.
Reserve Bank pauses on rate hikes – and raises hope for a cut in 2026
It was widely expected that the SA Reserve Bank would increase the interest rate for the second consecutive time, but it was kept unchanged.
Sharp increase in interest rate would surprise – but not shock
For the first time in four years, economists are flagging the risk of a 50-basis-point interest rate hike later today.
Inflation shocker: CPI hits 5% as fuel bites
An increase of about 34% in average fuel prices has contributed to inflation shooting up to 5% in June – the highest since June 2024.
SA’s middle class strangled by debt — and losing the will to fight
While deeply indebted and under enormous financial stress, South Africans are showing signs of “savings fatigue” and are also less enthusiastic than in previous years about hustling for more money.
Diesel price hike now likely in August as war heats up
Renewed conflict in the Middle East has caused a swing in the diesel price expectation for August, as has been feared.