China and India are cashing in on our enforced sacrifices and taxes, but data doesn’t lie, yet the Chinese Communist Party sure does when it uses “science” to attack the rest of the world. Continue reading…
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The latest data from the Central Energy Fund (CEF) points to a flat month in August for petrol prices – though there may be good news for diesel drivers. At mid-month, the group is showing a small increase in both grades of petrol for August, with pump prices expected to go up 7 cents per.. Continue reading…
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The spirit of Christmas seems to be returning to South Africa: Some six months after recording our last decrease in the petrol price, July looks like it will give road users in Mzansi the gift they’ve been waiting for. How much cheaper with the petrol price be in July? The Central Energy Fund have released.. Continue reading…
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South Africa’s annual inflation slowed for the first time in three months, with the rate falling below the midpoint of the central bank’s target range after moderation in food-price growth tempered an increase in the cost of petrol. Annual consumer-price growth decelerated to 4.4% from a year earlier compared with 4.5% in March, Statistics South.. Continue reading…
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The fourth consecutive fuel hike in 2019. South Africa will be hit by yet another hefty petrol price increase in May, marking the fourth consecutive fuel hike in 2019. The Central Energy Fund (CEF) has released its latest report on fuel concerns and, unfortunately for South African motorists and general consumers alike, the news is.. Continue reading…
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Mid-month data on changes to fuel prices show an under-recovery of around 55 cents per litre for petrol, while diesel shows an over-recovery of around 5 cents. Should current conditions persist to the end of the month, this could see the pump price of 95-grade petrol climb to R16.68 per litre, and 93-grade push over.. Continue reading…
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Just hours after the latest petrol price hike kicked in on Wednesday, the Congress of the People (Cope) suggested that President Cyril Ramaphosa and his cabinet ministers pay for their own fuel to feel the financial impact being endured by citizens. The party said in a statement that the day the president and his cabinet.. Continue reading…
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Ten years ago, it was a lot easier to own a car than it is now. The Organisation Undoing Tax Abuse (OUTA) has pointed the finger to the government’s maladministration and mismanagement as the reason behind April’s petrol price increase. The organisation’s portfolio manager for energy, Ronald Chauke, revealed that we would be paying much.. Continue reading…
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The forecast for the month ahead is a beast, as the petrol price is set for second consecutive major increase in April. They’ve got us by the gas pumps, here. Data released by the Central Energy Fund (CEF) this week suggests that the petrol price increase for April 2019 could hit South Africa with tremendous.. Continue reading…
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A massive petrol price increase is expected to hit South Africa in April, says the Automobile Association (AA) of South Africa. It’s not an April fool’s day prediction; the petrol price will be going up again next month. While consecutive fuel hikes have become the beleaguered norm in South Africa, April’s looming rise is expected.. Continue reading…
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The petrol price increase in March is expected to shock South Africans, with a hefty hike eclipsing original estimates. It seems likely that rolling petrol price increases, last experienced in the latter half of 2018, are expected to make a dubious return this year – starting next month. While first estimates, released by the Central.. Continue reading…
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Minister of Finance, Tito Mboweni, will deliver the Budget Speech 2019 in Cape Town on 20 February. Expectations are high that he will balance competing expenditure priorities to stimulate economic growth in spite of fiscal consolidation measures. However, the former central banker’s task is formidable and he will likely have a difficult balancing act on.. Continue reading…
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Central Energy Fund, we could kiss you right now. Their projected petrol prices for January would see fuel costs plummet below the R14-per-litre mark. Continue reading…
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