The Automobile Association of South Africa says the stage is set for large reductions in the fuel price at the end of the month. The AA says Rand weakness against the US dollar has paled into insignificance against the fuel price bonanza caused by the massive retreat of international petroleum prices as a result of the Coronavirus.
Consumers can now breathe a sigh of relief as they are set to pay less on mobile data prices. The Competition Commission has announced a 34% data price reduction for all Vodacom users.
Asian stock markets plunged Monday after oil prices nosedived on worries the global economy, weakened by a virus outbreak, might be awash in too much crude.
South Africa's economy declined by 1.4% in the fourth quarter of last year, plunging the country into a technical recession.
Finance minister Tito Mboweni delivered what's been dubbed 'the toughest budget yet' on Wednesday afternoon, admitting the country has been hammered by a decade of weak economic performance.
Volkswagen South Africa has reached a milestone at its Uitenhage manufacturing plant, producing the 200 000th unit of the current Volkswagen Polo for the export market.
South African Airways will cease its domestic routes for Durban, East London and Port Elizabeth effective the 1st of March this year.
SANRAL has announced that approximately 8000 jobs will be created in the Eastern Cape through road construction projects over the next three years.
The retail price of both grades of petrol sold in South Africa will rise by 22 cents a litre from Wednesday while the wholesale price of diesel will dip by as much as 15.95 cents, a statement from the mineral resources and energy department said on
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