View all in Latest
Popular Topics
View all in Local
Popular Topics
View all in Politics
Popular Topics
View all in Opinion
Popular Topics
View all in Business
View all in Lifestyle
Popular Topics
View all in Sport
View all in Video
View all in Cartoons
20°C / 22°C
  • Thu
  • 27°C
  • 16°C
  • Fri
  • 28°C
  • 18°C
  • Sat
  • 24°C
  • 17°C
  • Sun
  • 23°C
  • 12°C
  • Mon
  • 23°C
  • 10°C
  • Tue
  • 24°C
  • 11°C
  • Thu
  • 24°C
  • 17°C
  • Fri
  • 26°C
  • 16°C
  • Sat
  • 23°C
  • 17°C
  • Sun
  • 27°C
  • 16°C
  • Mon
  • 30°C
  • 14°C
  • Tue
  • 32°C
  • 16°C
  • Thu
  • 30°C
  • 18°C
  • Fri
  • 31°C
  • 19°C
  • Sat
  • 25°C
  • 19°C
  • Sun
  • 24°C
  • 14°C
  • Mon
  • 24°C
  • 12°C
  • Tue
  • 24°C
  • 12°C
  • Thu
  • 27°C
  • 17°C
  • Fri
  • 26°C
  • 16°C
  • Sat
  • 26°C
  • 18°C
  • Sun
  • 22°C
  • 12°C
  • Mon
  • 24°C
  • 10°C
  • Tue
  • 25°C
  • 11°C
  • Thu
  • 29°C
  • 22°C
  • Fri
  • 27°C
  • 23°C
  • Sat
  • 30°C
  • 22°C
  • Sun
  • 24°C
  • 18°C
  • Mon
  • 23°C
  • 17°C
  • Tue
  • 25°C
  • 18°C
  • Thu
  • 25°C
  • 18°C
  • Fri
  • 22°C
  • 17°C
  • Sat
  • 24°C
  • 17°C
  • Sun
  • 20°C
  • 15°C
  • Mon
  • 21°C
  • 13°C
  • Tue
  • 24°C
  • 13°C
  • Thu
  • 30°C
  • 16°C
  • Fri
  • 31°C
  • 15°C
  • Sat
  • 27°C
  • 15°C
  • Sun
  • 31°C
  • 17°C
  • Mon
  • 36°C
  • 15°C
  • Tue
  • 38°C
  • 19°C
  • Thu
  • 22°C
  • 17°C
  • Fri
  • 24°C
  • 16°C
  • Sat
  • 22°C
  • 17°C
  • Sun
  • 26°C
  • 15°C
  • Mon
  • 29°C
  • 15°C
  • Tue
  • 29°C
  • 18°C
  • Thu
  • 31°C
  • 19°C
  • Fri
  • 32°C
  • 20°C
  • Sat
  • 26°C
  • 20°C
  • Sun
  • 27°C
  • 16°C
  • Mon
  • 25°C
  • 15°C
  • Tue
  • 24°C
  • 15°C
  • Thu
  • 27°C
  • 17°C
  • Fri
  • 28°C
  • 15°C
  • Sat
  • 26°C
  • 17°C
  • Sun
  • 27°C
  • 15°C
  • Mon
  • 26°C
  • 12°C
  • Tue
  • 27°C
  • 13°C
  • Thu
  • 27°C
  • 19°C
  • Fri
  • 26°C
  • 20°C
  • Sat
  • 28°C
  • 20°C
  • Sun
  • 22°C
  • 15°C
  • Mon
  • 22°C
  • 14°C
  • Tue
  • 22°C
  • 13°C
  • Thu
  • 23°C
  • 15°C
  • Fri
  • 24°C
  • 14°C
  • Sat
  • 23°C
  • 16°C
  • Sun
  • 20°C
  • 13°C
  • Mon
  • 22°C
  • 12°C
  • Tue
  • 28°C
  • 14°C
Go

Concerns that US-Iran tensions could see SA, EMs suffer consequences

The US has been pouring troops into the Middle East, while millions of Iranians have taken to the streets to protest against the killing of their top military commander.

Protesters burn US flags as they shout slogans against the United States during a demonstration following a US airstrike that killed top Iranian commander Qasem Soleimani in Iraq, in Islamabad on 3 January 2020. Picture: AFP
Protesters burn US flags as they shout slogans against the United States during a demonstration following a US airstrike that killed top Iranian commander Qasem Soleimani in Iraq, in Islamabad on 3 January 2020. Picture: AFP
| 45 days ago

JOHANNESBURG - With tensions building between the US and Iran, there are concerns that emerging markets, including South Africa, may suffer some of the consequences of a wider conflict.

The oil price has risen by more than 3% over the past week, which could soon affect fuel prices.

The US has been pouring troops into the Middle East, while millions of Iranians have taken to the streets to protest against the killing of their top military commander.

The AA has presented a positive picture that there will be minor changes to fuel prices next month but there are warnings that this could change.

Chief economist at Pan African Investment and Research Services Iraj Abedian.

"We're really seeing the results in literally the cost of petrol, diesel, paraffin, the cost of transportation and as a result the effect that it has on all other services."

South Africa has already been hit by high fuel prices along with rising municipal rates and more expensive electricity.

On the other hand, though, the conflict has seen investors place their funds in safe havens.

The gold price has shot up, much to the relief of mining companies.

Timeline

More in Business

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus
COPYRIGHT 2020 ALL RIGHTS RESERVED | Terms & Conditions | Privacy | PAIA