Fuel Prices News Updates

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The prudence of investing outside South Africa: Benefits for local investors

South Africa has abundant resources and strategic geographic position, yet faces numerous economic, political, and social challenges that make local investment a high-risk endeavour. Given the current landscape, it is prudent for South African in
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26 Jul 2024

Iran seizes product tanker

The Islamic Revolutionary Guard Corps (IRGC) has seized a product tanker in the Persian Gulf and arrested the crew. This is according to UK security agency Ambrey which reported that officers of the IRGC a primary branch of the Iranian Arme
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25 Jul 2024

Inflation data fuels hopes for September rate cut

The latest inflation data has fuelled hopes for an interest rate cut in September despite rising producer prices for maize. Consumer price inflation (CPI) slowed to its lowest level this year dropping to 5.1% in June down from 5.2% in Ma
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24 Jul 2024

Sasol share price up after reporting annual production within market guidance

Sasols share price shot up 6.3% yesterday after an annual production report showed mining, and fuel and chemicals production was within guidance, while gas production in Mozambique was higher than expected. The share price traded at R144
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23 Jul 2024

FG policies make manufacturing unattractive MAN President

The President of the Manufacturers Association of Nigeria, MAN, Francis Meshioye, has said that the policies of the federal government in the last one year have made manufacturing businesses unattractive in Nigeria. Meshioye who stated t
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22 Jul 2024

Review of South Africa's fuel price equation can't come soon enough, says AA

President Cyril Ramaphosa has taken a bold and much needed step in promising a review of the fuel price, but this process should unfold quickly, the Automobile Association (AA) warns. During his speech at the opening of Parliament on Thu
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22 Jul 2024

Savings Month: No better time than now

South Africa has some of the lowest savings rates in the world and with many South Africans following the payday millionaire approach, this ultimately results in them only ending up in an ever greater financial predicament. The month of
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22 Jul 2024

AA welcomes Ramaphosa's decision for fuel price review

The Automobile Association (AA) of South Africa has welcomed the decision by President Cyril Ramaphosa to conduct a fuel price review to combat rising fuel costs. During his Opening of Parliament address, Ramaphosa said the Government of
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20 Jul 2024

'Hes gone mute' Charly Boy flashes back on how Soyinka led protest against Jonathan [VIDEO]

Maverick entertainer, Charles Oputa, popularly known as Charly Boy, has again taken a swipe at Nobel Laureate Prof Wole Soyinka, for keeping mum amid the hardship ravaging Nigerians. In a video clip posted on his verified X microblogging
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20 Jul 2024

The 10 richest people on the Malawi Stock Exchange

The Malawi Stock Exchange (MSE) , on a decade-long journey of value creation and investor rewards, has witnessed a significant rise in fortunes for its leading investors. Governed by the Capital Markets Development Act, the exchange facilitates t
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19 Jul 2024