The drought that's battering Southern Africa right now is going to wreak havoc on your pockets in the near future. South African corn farmers are expected to produce the lowest maize produce in 8 years.
The last time production numbers were this low was in 2008.
The numbers are concerning and it seems that South Africa will have to drastically increase the amount of maize it imports to 3.8... ››› more
If you're celebrating that we're almost through winter and had no load-shedding, I have some bad news for you.
You and I might have had an “uninterrupted” power supply this winter but it's going to cost our pockets, big time!
According to an article in the City Press newspaper this weekend, “The economy is set for a shock from the combined blows of Eskom's move to hike the cost of tw... ››› more
Times are tough and they're only going to get worse. According to the department of energy, you can expect the price of petrol to go up by at least 11 cents per litre tonight. Diesel will increase by 42 cents per litre. The price of paraffin is going up by 43 cent per litre.
The main reason for the fuel price increase is related to the fact that petroleum product prices are going up. Fortunatel... ››› more
According to biomedical gerontologist, Dr Aubrey De Grey, the next person to live to the ripe old age of 150 has already been born.
What if that's you?
What if you live till 80 or 100? Will you have enough money to last you that long after you retire?
Ten or twenty years ago, collecting your last paycheque at the age of 65 was a reasonable expectation. But as life expectancy and the co... ››› more
From tomorrow, the cost of living is going to start to climb.
At midnight tonight, the price at the pumps is rising sharply. Some electricity customers will also be coughing up significantly more for power.
And more price hikes are due to filter through over the next few months.
Let's take a closer look at what's going on and what impact it could have on South Africa's ailing economy…
... ››› more
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
Tomorrow morning, Stats SA release the Consumer Price Index (CPI) figure for June. This indicator shows the current rate of inflation in South Africa. Read on to discover exactly what CPI is and what it means for you…
The most commonly quoted inflation rate in SA is the Consumer Price Index (CPI).
It measures the changes in prices of a representative basket of goods and services.
CPI sho... ››› more
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