fuellatest news & developments
SARB. Reserve Bank. Supplied

Inflation shock puts SARB rate hike on the cards

Consumer inflation hit a two-year high of 5% in June, firming bets on a SARB rate hike at Thursday’s MPC meeting

inflation rate hikes. Rawpixel/Currency

May’s inflation print just made SARB’s next rate call harder

May’s 4.5% inflation print keeps a July rate hike possible, but easing oil prices and an Iran deal may give the SARB room to pause

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PODCAST: ‘Sharp Sharp’ – crocodiles ate my budget

Rob Rose and Zukile Majova dig into the politics of the moment: cost of living, Jacob Zuma, NSFAS – and Gwede’s fuel price gaffe

Fuel price up. Wang Xi/China News Service via Getty Images / Rawpixel / Currency collage

Inflation looks contained. But just wait …

March CPI rose to 3.1%, within the SARB’s 3% target band, but the Iran conflict’s oil price shock is set to push April inflation sharply higher

Fuel relief. Gallo Images/Misha Jordaan/ Pexels/Jan van der wol / Currency collage

Phew! Relief at the fuel pumps, but rate risks linger 

Godongwana’s fuel relief buys policymakers breathing room, but economists warn the inflation risk isn’t gone – just deferred

Eskom files transparency. Rawpixel/Currency collage

Secretive Eskom gets walloped in court by AfriForum

The power utility has been ordered to release its coal and diesel contracts. It will shed welcome light on an institution long plagued by corruption

Stanlib’s Kevin Lings and Treasury DG Duncan Pieterse. Supplied

Fuel relief? Give up already, it isn’t coming

Treasury says it has no money to cushion South Africa’s fuel shock, as economists warn April’s petrol and diesel hikes will drive inflation higher

Gwede Mantashe minister of mineral resources at the Africa Oil Week in Cape Town, South Africa. Photo by Gallo Images/Brenton Geach

Mantashe’s R93.37bn fuel price gamble

Would the government have the courage to slash the fuel price by 46% overnight, even if it slices the top layer off its tax revenue? Experts are sceptical – not least because…