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Higher interest rates, rising inflation and expected October fuel-price increases are set to put further pressure on South African households, although construction activity provided a rare positive signal.
SOUTH AFRICAN RESERVE BANK

Sunday Review: Rates, inflation and fuel prices put pressure on households

A look at what’s driving prices – and what it means for households.

  • Ashley Lechman
  • Yogashen Pillay
5 min read
With fuel prices set to rise again, inflation expected to climb and borrowing costs increasing, electric and hybrid vehicles could offer South African consumers a way to reduce their monthly transport costs.
ELECTRIC CARS

Could EVs be South Africa’s answer to rising fuel, power and borrowing costs?

Are rising costs starting to tip the maths in an EV's favour?

  • Ashley Lechman
7 min read
Oil prices have retreated from recent highs, but supply disruptions, refinery constraints and rand volatility mean relief at the pump could take longer to arrive.
FUEL PRICE

October fuel price hike: Why cheaper oil may not mean cheaper petrol

Brent crude is falling. Your petrol price isn't. Here's why.

  • Ashley Lechman
5 min read
Economists say interest rates are likely to rise.
LESETJA KGANYAGO

How much could the Reserve Bank raise rates this week? Economists weigh in

The Fed has raised rates, fuel prices are climbing and the rand is under pressure. What will the Reserve Bank do?

  • Ashley Lechman
4 min read
South Africa’s economic activity showed tentative improvement in August, but higher oil prices and the looming Reserve Bank decision continue to threaten the recovery.
SOUTH AFRICA ECONOMY

Sunday Review: South Africa’s recovery is gaining ground — but for how long?

South Africa’s economic recovery is showing green shoots — but the threats to it are mounting.

  • Ashley Lechman
  • Yogashen Pillay
4 min read
TotalEnergies strengthens its position in the renewable energy market with the acquisition of Shell's European assets, adding significant solar and wind capacity to its portfolio.
TOTALENERGIES

TotalEnergies pumps up controversy in France with cut-price gas

TotalEnergies, which pumps crude oil and refines it into gasoline, also has an extensive network of filling stations throughout France, where retail sales are usually dominated…

  • AFP
4 min read
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
Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions, with possible consequences for South African fuel prices.
CRUDE

Brent crude rises above $105 as Middle East shipping attacks intensify

Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions.

  • Ashley Lechman
4 min read
Brent crude rose above $100 a barrel on Wednesday, reviving concerns that higher energy costs could intensify inflationary pressure and weigh on markets. The rand remained relatively stable, while South African motorists faced renewed fuel-price risks.
OIL

Brent crude rises above $100 as inflation fears unsettle markets

Brent crude rose above $100 a barrel on Wednesday, reviving concerns that higher energy costs could intensify inflationary pressure and weigh on markets. The rand remained…

  • Ashley Lechman
4 min read
Brent crude has moved closer to $100 a barrel as renewed US-Iran tensions disrupt shipping through the Strait of Hormuz, raising the risk of another South African fuel-price increase in October.
OIL

Brent nears $100 after Hormuz tensions, raising fuel-price concerns

Brent crude has moved closer to $100 a barrel as renewed US-Iran tensions disrupt shipping through the Strait of Hormuz, raising the risk of another South African fuel-price…

  • Ashley Lechman
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
Oil prices remain elevated after renewed US-Iran hostilities, while the rand steadies and bond yields rise as investors await key US and European economic data.
MARKET ANALYSIS

Brent Crude oil prices remain elevated, putting October fuel prices in focus

Oil prices remain elevated after renewed US-Iran hostilities, while the rand steadies and bond yields rise as investors await key US and European economic data.

  • Ashley Lechman
4 min read
Petrol prices will rise by R1.34 a litre and diesel by up to R3.15 from Wednesday, 2 September, adding pressure to household and transport budgets.
FUEL PRICE

Spring brings pain at the pumps as fuel prices increase for September

Petrol and diesel prices will rise from Wednesday, 2 September, adding pressure to household and transport budgets.

  • 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
Discover how South Africa's inflation rate drop and the renewal of the AGOA are reshaping the financial landscape and impacting key markets.
AGOA

Lower inflation and AGOA boost financial markets

Discover how South Africa's inflation rate drop and the renewal of the AGOA are reshaping the financial landscape and impacting key markets.

  • Chris Harmse
3 min read
The Strait of Hormuz remains the key risk for oil markets this week, with higher crude prices threatening to add further pressure to fuel costs and inflation.
MARKET ANALYSIS

International Energy Agency warns of global oil deficit amid Hormuz bottleneck

The Strait of Hormuz remains the key risk for oil markets this week, with higher crude prices threatening to add further pressure to fuel costs and inflation.

  • Ashley Lechman
3 min read