The Automobile Association (AA) says it expects a further hefty hike in fuel prices in April, with 95 ULP heading into record territory when the Department of Mineral Resources and Energy makes the official adjustment next Wednesday (7 April).

Statistics South Africa has published its latest consumer price index, showing that headline inflation slowed to 2.9% in February from 3.2% in January.

THE COUNTRY'S inflation decelerated in February, confirming an all-but accepted consensus on the market that the South African Reserve Bank (SARB) will keep interest rates on hold for the foreseeable future as the print fell below bank's mid-tier range of between 3 and 6 percent.

From Wednesday (24/02/2021) you'll be able to get a 25% discount on the Easter egg its makers have described as "an iconic South African tradition" – as two retail chains go to war.

Good-quality tomatoes have been tough to find in recent weeks, as heavy rains at the start of the year in the Limpopo valley wreaked havoc on harvests.

President Cyril Ramaphosa says that government will clamp down on the illegal importation of goods in South Africa and introduce additional incentives to support local buying in South Africa.

The Pietermaritzburg Economic Justice and Dignity research group (PMBEJD) has criticised government and National Treasury for underspending on South Africa’s poorest and most vulnerable communities, at a time when money has never been tighter, and food, electricity and travel costs are rising.

South African motorists are set to be hit with yet more steep fuel price hikes going into March, the Automobile Association (AA) warns.

South Africa’s High Court ruled that Eskom Holdings SOC Ltd can recover R10 billion ($681 million) from consumers, enabling the state power utility to raise electricity tariffs by 16%.

Consumer price inflation for 2020 was the lowest in 16 years and the second lowest in 51 years as demand remained muted on the effects of the Covid-19 lockdowns.

Last week, Twitter users expressed their anger and concern over the recent raw ginger and garlic price hike. Some said they would rather die than buy ginger and garlic these days.

The latest Household Affordability figures have painted a grim picture of South Africans struggling to afford basic foods amidst rising prices and inflation.