Economists have raised concern that a higher international oil price could lead to more fuel price increases in South Africa.
South African motorists are ending the week with bad news for fuel prices – with recoveries coming under even more pressure as the exchange rate and global oil prices hit.
Sasol CEO Simon Baloyi, who took over the role in April, said in an interview with Bloomberg that they viewed the group’s ...
Economists say South Africa’s inflation rate remains favourable despite fuel price increases over the past few months.
Anchor Capital investment analyst Seleho Tsatsi said the Trump administration has also said it intended to boost US ...
Although the latest international developments look like bad news for South African prices, the Reserve Bank can still cut ...
Chris Harmse, the consulting economist of Sequoia Capital Management, said that the price of Brent crude oil being above 76 dollars a barrel poses a substantial risk for South Africa.