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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

South Africa Economy

5 Results / Page 1 of 1

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South Africa

OUTA Opposes Eskom’s Proposed 66% Electricity Price Hike

  The Organisation Undoing Tax Abuse opposes Eskom's proposed 66-percent electricity price hike over three years, calling it unaffordable and harmful to the economy. They urge the power utility to focus on cutting costs and improving efficiency and focus on clean energy. OUTA’s Estienne Ruthnam urges the National Energy Regulator of South Africa to reject the increases to prevent further economic hardship for consumers and businesses alike:  

todayNovember 6, 2024 17

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South Africa

S.A’s agriculture organisation sees red flags for the future economy

  S.A's agriculture organisation TLU SA says it continue to see red flags for the future of South Africa’s economy. the organisation's Bennie van Zyl says instead of focusing on educating and empowering people on how to create wealth and play a responsible role in the economy, the government is engaging in emotional, ideological practices that put South Africa’s economic future at risk:  

todayNovember 4, 2024 14

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South Africa

EFF has welcomed the consumer price inflation figures released by Statistics South Africa

In S.A, the EFF has welcomed the consumer price inflation figures released by Statistics South Africa, indicating a further decline from 4.4-percent in August to 3.8-percent in September. This marks the lowest inflation rate since March 2021. The EFF’s, Leigh-Ann Mathys, says this confirms the inflationary pressures faced by the country are not demand-driven, but a result of economic and global challenges that require a different monetary policy approach: Meanwhile, […]

todayOctober 24, 2024 18

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Business / Economics

S.A Union Welcomes Inflation Drop, Urging Reserve Bank to Lower Repo Rate

  S.A Union federation Cosatu has welcomed the drop in consumer inflation from 4.4-to 3.8-percent, saying it offers relief to struggling workers. Spokesperson Matthew Parks is urging the South African Reserve Bank to reduce the repo rate by at least 50 basis points to ease debt burdens. He also calls for government intervention to stabilise Eskom and reduce fuel prices:  

todayOctober 24, 2024 25

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Business / Economics

Relief for motorists as the Ministry of Mines and Energy announces fuel reduction

The Ministry of Mines and Energy has announced that petrol prices will decrease by 80 cents per litre,  diesel with 50ppm will decrease by 60 cents per litre and diesel 10ppm will decrease by 70 cents per litre. The changes come into effect on Wednesday 3 July 2024. Cirrus Capital economist Robert McGregor says despite the decreases we face for July, the fuel prices for both diesel and petrol are […]

todayJuly 1, 2024 45

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