Wage Demands, Interest Rates Cited As Reasons For Possible Petrol Hike

Motorists might get a relief in November. PICTURE: IOL

JOHANNESBURG: Automobile Association (AA) has issued a strong warning about a possible hike in fuel prices to all-time high.  It expects a petrol price hike of up to 85 cents per litre in June. The […]

ANC Withdraws Reserve Bank Debate Motion


CAPE TOWN: The ANC has on Tuesday morning withdrew a planned motion debate on the ownership of the Reserve Bank scheduled for later today in the national assembly. The ruling party would not be drawn […]

SARB Leaves Repo Rate Unchanged

PICTURE: Business Day

The monetary policy committee (MPC) of the SA Reserve Bank (SARB) has decided to leave the repo rate unchanged at 6.75%. SARB governor Lesetja Kganyago said the upcoming ANC leadership election meeting in December is […]