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Inflation expected to rise

2 May 2018, 9:10 PM

Consumers should brace themselves for a higher cost of living in the months to come.

Weak rand blamed for fuel hikes

2 May 2018, 7:45 AM

The Energy department has attributed the latest fuel price hike to the unprecedented weakening of the Rand against the US Dollar and sharp international oil price increases.

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Moody’s downgrades Angola’s rating due to rising debt

28 April 2018, 4:35 PM

Moody’s Investors Service said it has downgraded Angola’s rating by one notch to B3 due to an increased debt burden, offset in part by higher oil revenues.

SA motorists brace themselves for fuel hike

3 April 2018, 8:06 AM

Petrol will go up by as much as 72 cents per litre for 95 octanes, 69 cents a litre for 93 octane and diesel will go up by 65 cents.

Protests erupt in Tunisia after two days of calm

15 January 2018, 6:33 AM

Violent protests erupted again on Sunday in two areas of the capital Tunis and another town after a relatively calm two days, the latest protests in the country against austerity measures. After nearly a week of at times violent protests, police used tear gas against dozens of young protesters in the Ettadamen district of Tunis […]

Oil near three-year highs

15 January 2018, 6:19 AM

Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America. Brent crude futures LCOc1, the international benchmark for oil prices, were at $69.89 per barrel at 0308 […]

Tunisia arrests 237 in clashes with protests as Jewish school gets attacked

10 January 2018, 9:11 PM

Tunisian police arrested 237 people, including two Islamists, for attacking police stations and government buildings and for vandalism in anti-government protests, the interior ministry said on Wednesday, as a Jewish school was attacked. Demonstrations broke out in the North African country on Sunday spreading since then to more than 20 towns as people protest against […]

Zuma calls for transformation in energy sector

7 December 2017, 6:11 PM

President Jacob Zuma says transformation in the energy sector is paramount to ensuring sustainability in future.

Oil markets stable, but analysts expect high volatility ahead

10 November 2017, 5:35 AM

Oil markets were little changed on Friday, supported by on-going supply cuts and strong demand, although the prospect of rising US shale output capped prices around recent gains.

Current state of SA economy

19 February 2016, 10:36 AM

The SA economy has been under severe pressure in the past few months. Below is a look at what is behind this:

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