increase

August’s CPI figures decrease to 7.6%

LOCAL The country’s annual Consumer Price Index (CPI) for the month of August decreased to 7.6% from 7.8% in July 2022. Statistics South Africa says month-on-month CPI increased to 0.2%. It says the main contributors to inflation were food and non-alcoholic beverages, housing, utilities and transport. Food and non-alcoholic beverages[…]

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SA records 4 227 new COVID-19 cases

South Africa has recorded 4 227 new COVID-19 cases, which brings the total number of laboratory-confirmed cases to 3 935 761. This increase represents a 15.7% positivity rate. According to the NICD, “Due to the ongoing audit exercise by the National Department of Health, there may be a backlog of COVID-19[…]

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Steep petrol increase on the cards for March

The Automobile Association is expecting the cost of petrol to rise well above R20 per litre at the start of March. The main factors influencing the monthly fuel price adjustments are the Rand-Dollar exchange rate and the price of petroleum products such as Brent Crude Oil. During the first half[…]

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Petrol price to increase on Wednesday

Motorists can expect an increase in petrol prices on Wednesday. The Department of Energy says Petrol is set to increase by 29 cents a litre of 93 unleaded petrol. And leaded petrol will increase by 26 cents a litre. Diesel will see an increase of 42 cents and illuminating paraffin[…]

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Taxi fares won’t increase just yet: Santaco

The South African National Taxi Council (Santaco) says it won’t increase the taxi fares just yet. Santaco Spokesperson, Thabiso Molelekwa, however, says a hike is likely in the near future. He says financial losses incurred by the industry during the peak of the COVID-19 pandemic may necessitate a significant price[…]

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Eskom electricity tarrif increase comes under scrutiny

Cope says government should review the 15% electricity tariff increase that kicked in on Thursday. The party’s spokesperson Dennis Bloem has condemned the electricity hike. He says it will further kill the economy and hit the poor and unemployed the hardest: “Government can never justify this increase. Millions of people[…]

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