Category: BUSINESS
Fuel levy won’t have huge impact on inflation: Economist – SABC News
According to preliminary reports by the Department of Mineral Resources’ Central Energy Fund (CEF), the price of petrol was expected to come down by 19-cents and diesel by 50-cents per litre
Read MoreUnemployed women in Diepkloof struggling to find permanent work – SABC News
Unemployed women in Diepkloof, Soweto, say they continue to feel the pinch of unemployment and are losing all hope that they will one day be economically active. This as women
Read MorePetrol to decrease by 5 cents a litre, diesel by 36.9 cents – SABC News
The Department of Mineral Resources (DMR) has released the new fuel prices following the dismissal of the Economic Freedom Fighter’s fuel levy challenge. The party had argued that Finance Minister
Read MoreStats SA reports marginal economic growth of 0.1% in first quarter – SABC News
South Africa’s economy had a marginal 0.1% growth in the first quarter of this year. This follows a downwardly revised increase of 0.4% in the fourth quarter of 2024. Statistics
Read MorePappi backs EFF’s court bid against fuel levy hike – SABC News
The People against Petrol and Paraffin Price Increases have expressed support for the Economic Freedom Fighters’ (EFF) court challenge against the general fuel levy increase. EFF’s urgent application against the
Read MoreEFF’s fuel increase levy case not strong: OUTA – SABC News
The Organisation Undoing Tax Abuse (OUTA) says the Economic Freedom Fighters’ (EFF)’s case against an increase in the general fuel levy is not strong. The Western Cape High Court is
Read MoreEconomists expect stagnant economy in the first quarter – SABC News
Standard Bank economist Dr Elna Moolman expects the economy not to have grown in the first quarter of this year. This comes after South Africa’s economy grew by 0.6% in
Read MoreMarginal price decrease in fuel as increase in general levy kicks in – SABC News
The Department of Mineral Resources and Energy is expected to announce its latest fuel price adjustment before midnight tomorrow. According to preliminary reports by the Department’s Central Energy Fund, the
Read MoreMining and manufacturing down year-on-year: Stats SA – SABC News
The latest economic wrap-up for May 2025 from Stats SA shows decline in mining and manufacturing year-on-year in the first quarter of 2025, as unemployment grew to 32,9% and consumer
Read MoreCompanies need to change recruitment approach for youth: Economist – SABC News
Unemployment among the youth is unlikely to show any improvement unless employers change their approach in their recruitment processes. This as many employers are prioritizing experience as a prerequisite while
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