FNB South Africa warns that today’s fuel price hike is a blow to holidaymakers

FNB South Africa warns that today’s fuel price hike is a blow to holidaymakers

FNB South Africa warns that today’s fuel price hike, with 95-octane and 93-octane petrol increasing by 17-cents per litre and diesel by over 50-cents, is a blow to holidaymakers. The bank attributes the rise to a weaker rand, driven by global factors like the United States elections and higher international diesel prices. FNB senior economist Koketso Mano advises citizens to revise their fuel budgets:

December 4, 2024 15

Business / Economics

Air France says Olympic Games has cut summer traffic to Paris

Air France-KLM warned Monday that the Olympic Games would lead to a drop in revenues of up to 180 million euros ($193 million), due to a decline in travel to Paris over the summer. Some 15 million visitors are predicted to attend the Games, including two million from abroad, according to the Centre for Law and Economy of Sport (CDES), which has been monitoring the Paris […]

July 1, 2024 26

Business / Economics

Bank of Namibia joins Cirrus Investor Conference for global connectivity

The Bank of Namibia has participated in the 5th Cirrus Investor Conference held in Swakopmund from 9 to 10 April. The conference was held to facilitate connections between Namibian securities issuers and international investors, bringing together various stakeholders. Governor Johannes !Gawaxab delivered the opening address, discussing Namibia's economic trajectory and financial outlook in light of global forces. Naufiku Hamunime BoN's Principal: International Relations and Sustainability, has more.

April 10, 2024 32