fuel crisislatest news & developments
South Africa’s inflation rate fell sharply to 4.3% in July, but rising oil prices and higher fuel costs could push inflation higher again in the months ahead.
INFLATION

South Africa inflation outlook in focus as oil prices put pressure on September rate decision

South Africa’s inflation eased to 4.3% in July, but higher oil and fuel prices could slow further progress ahead of the Reserve Bank’s September interest-rate decision.

  • Ashley Lechman
4 min read
As South African refineries face pressure to maintain production, flexible technical staffing can help operators complete targeted maintenance while limiting downtime and managing safety risks.
FUEL

How flexible staffing helps petrochemical plants manage maintenance

As South African refineries face pressure to maintain production, flexible technical staffing can help operators complete targeted maintenance while limiting downtime and…

  • Jacques Maritz
4 min read
South African motorists face sharp September fuel increases, with diesel rising by up to R3.15 a litre and petrol increasing by R1.34.
FUEL CRISIS

Fuel prices rise sharply as South African motorists face higher September costs

South African motorists face sharp September fuel increases, with diesel rising by up to R3.15 a litre and petrol increasing by R1.34.

  • Ashley Lechman
4 min read
As South Africans brace for higher fuel prices, PSG Insure warns that storing extra petrol and diesel could create serious safety and insurance risks.
PARAFFIN

South Africans hit with petrol price hike as fuel stockpiling comes under scrutiny

Petrol price increases from Wednesday, while experts warn households and businesses against risky fuel stockpiling.

  • Ashley Lechman
4 min read
South Africa’s energy crisis is shifting from electricity shortages to affordability, with rising electricity, petrol and paraffin costs placing vulnerable households under growing financial pressure.
CONSUMER

South Africa’s energy poverty crisis deepens as rising costs push consumers further into debt

South Africa’s energy crisis is shifting from electricity shortages to affordability, with rising electricity, petrol and paraffin costs placing vulnerable households under…

  • Ashley Lechman
5 min read
The rand strengthened, producer and consumer inflation eased, and the average food basket became cheaper in August. But looming fuel increases and subdued salary growth mean household relief may be limited.
PPI

Sunday Review: Inflation eases and food basket costs fall, but fuel hikes loom

The rand strengthened, inflation eased and the food basket fell in August, but higher fuel costs and weak salary growth may limit household relief.

  • Ashley Lechman
  • Yogashen Pillay
6 min read
The South African rand continues its impressive rally, trading at R15.92 against the US dollar, as international oil prices decline. With crucial economic data from the US on the horizon, experts weigh in on the implications for the rand and the broader market.
KPMG

Market optimism rises as South African rand trades at R15.92 against the dollar

The South African rand continues its impressive rally, trading at R15.92 against the US dollar, as international oil prices decline. With crucial economic data from the US on the…

  • Ashley Lechman
4 min read