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  • Brace yourself: Fuel and electricity are going to cost you more from 1 April
  • After motorists endured the first petrol hike in several months on 4 March, paying more at the pumps looks inevitable come next Wednesday. And to make matters worse, some customers will see a significant rise in their electricity bills. So what sort of price hikes lie ahead? Read on to find out… How much more is fuel going to cost? At the beginning of this month, motorists saw ... ››› more
  • [23 March 2015]
  • Eskom requests a whopping tariff hike amounting to more than 25%
  • So far this year, the country has dealt with multiple bouts of load shedding as Eskom struggles to keep South Africa powered with enough electricity. Now it has emerged that in addition to an already generous hike approved last year, the power utility is requesting another tariff hike. Let's take a closer look at the new tariff hike request… Eskom cite the cost of diesel as one of it... ››› more
  • [20 March 2015]
  • Consumer inflation falls again, but this could be the last of significant drops
  • Earlier today, Stats SA released its consumer inflation data covering February. The data showed that yet again there was a large drop over the month. But this could be the last of consumer inflation easing due to rand weakness and an uptick in the oil price. Let's take a closer look at what the data revealed… CPI fell to 3.9% in February Stats SA showed that consumer inflation, me... ››› more
  • [18 March 2015]
  • South Africa's current account deficit narrows to 5.1% of GDP
  • This morning, the South African Reserve Bank released its current account data for the final three months of last year. The figures were better than economists were expecting. Let's take a closer look at what the data revealed… The current account deficit narrowed as exports rose The current account deficit shrank more than forecast in the last three months of last year, reports F... ››› more
  • [17 March 2015]
  • Eskom suspends its CEO and three other board members pending an inquiry
  • This morning, power utility Eskom announced it has suspended its CEO along with three other members of the board. The news comes as Eskom grapples with keeping the lights on in South Africa following decades of under-investment and poor maintenance. Let's take a closer look at what's going on… Eskom begins an inquiry into its current standing At a media briefing this morning, the ... ››› more
  • [12 March 2015]
  • South Africa ranks third in the world's misery index for 2015
  • On Monday, Bloomberg released its misery index for 2015. Ranking third in the index is South Africa. So why does SA rank so highly in the index? And what other countries are at the top of the list? Let's take a closer look… South Africa ranks behind Venezuela and Argentina in the misery index Bloomberg Business’ so-called misery index looks at some key economic indicators in ... ››› more
  • [04 March 2015]
  • Business confidence hits a near two-year high in February
  • Yesterday, the South African Chamber of Commerce and Industry (SACCI) released its business confidence index data for February. The rise in the key measure is in spite of a lacklustre South African economy. Let's take a closer look at what the data showed… Business confidence hit 92.8 in February The business confidence index (BCI) climbed “3.5 index points to 92.8” last month... ››› more
  • [04 March 2015]
  • Motorists prepare for a hefty petrol price hike on Wednesday
  • Recently, motorists have looked forward to the first Wednesday of the month when the new fuel price comes into effect. For months, it's been trending downwards. But change is afoot this week. On Wednesday, motorists will have to cough up significantly more for a litre of petrol or diesel. And motorists have further hikes to prepare themselves for in the months ahead. So how much more ... ››› more
  • [02 March 2015]
  • The trade deficit balloons, sending the rand sharply weaker
  • On Friday, the South African Revenue Service (SARS) released its data for the trade account in January. The data revealed that the trade deficit ballooned in January. With the deficit much worse than anticipated, the news hit the rand hard. Let's take a closer look… The trade deficit swelled to R24.2 billion SARS said the trade deficit for January came in at R24.2 billion, reports... ››› more
  • [02 March 2015]
  • Yet again, producer inflation eases significantly
  • Yesterday, Stats SA released its producer inflation data for January. Once again, producer inflation eased sharply over the month. Let's take a closer look at what the data revealed… Producer inflation drops to 3.4% in January Producer inflation, as measure by the producer price index (PPI), “fell to 3.4% in January” year-on-year, reports Fin24. That’s sharply lower than th... ››› more
  • [27 February 2015]
  • Economic growth takes an unexpected jump higher
  • Earlier today, Stats SA released its gross domestic product (GDP) data for the final quarter of last year and 2014 as a whole. Economic growth for the last three months of last year beat market expectations. Yet, for the whole year, growth was disappointing. Let's take a closer look at what the data revealed and what could lie in store this year… GDP for the fourth quarter of 2014 wa... ››› more
  • [24 February 2015]
  • The rand weakens ahead of a jam-packed week of economic data releases
  • This morning, the rand has succumbed to pressure as a week of data releases and the Budget looms. This week sees the release of GDP data, trade data and producer inflation. And the market is waiting to see what the finance minister reveals in this year's Budget on Wednesday. Let's take a closer look at what's going on… The rand softens against the greenback The rand is weaker agai... ››› more
  • [23 February 2015]
  • Eskom warns that load shedding is, yet again, a possibility
  • This morning, Eskom said there's a medium to high risk of load shedding today. The power utility says that at the moment the system is stable, yet if anything changes, load shedding could ensure. Eskom's Majuba plant is now back online after repairs, which has helped to ease some of the country's power constraints. Let's take a closer look at what's going on… Majuba is helping to... ››› more
  • [20 February 2015]
  • Retail sales came out higher than expected in December
  • Yesterday, Stats SA released its retail sales data for December. Growth in retail sales came in higher than economists had predicted. Falling prices at the pump and a boost in job creation could have driven the figure higher. Let's take a closer look at what the data revealed… Retail sales in December rose 3.4% In December, retail sales rose “by 3.4% year-on-year,” reports Fi... ››› more
  • [19 February 2015]

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