Rising cost of living
Govt urged to scrap poultry tariffs as association warns of 'price tsunami'
CEO of the Association of Meat Importers and Exporters, Paul Matthew, said that everything possible should be done to stop poultry price increases.
Both grades of petrol will go up again, with 93 octane set to increase by 28 cents a litre and 95 octane by 36 cents. But this is still significantly lower than what was forecast.
A tariff hike for municipal customers comes into effect in July.
The ongoing war in Ukraine has driven up oil prices and there are fears that it could get worse, with oil stocks not meeting demand.
Consumers will now be forking out an additional 81 cents per litre for petrol, taking the price to over R20 a litre.
Following the initial announcement of the grant last year, long queues formed at the post office with people desperate for the money, but many now said the amount is far too little.
The finance department has shared the bleak outlook in a briefing on its annual performance plan to Parliament’s Standing Committee on Finance.
Fuel prices shot up at midnight - with 93 octane petrol increasing by 95 cents a litre, while 95 octane increased by one rand.
South Africans will now have to cough up 15.6% more for unreliable power compared to the previous year.
South Africans have been put under immense financial pressure due to the COVID-19 pandemic which has resulted in 2.2 million South Africans losing their jobs under the national lockdown.
Petrol has dropped by 96 cents a litre while diesel now costs up to 75 cents less.
In Johannesburg, residents will be paying more for municipal services including water refuse removal and electricity.
On 1 July 2019, the new municipal rates increases for the 2019/2020 financial year kick in. EWN spoke to different companies who are trying to help customers save money and a wealth coach for saving tips, as well as some of the consumers who will be affected by the price hikes.
A labour economist said consumers would still be hit hardest even though fuel prices were expected to remain relatively unchanged in the coming weeks.
Statistics South Africa is expected to release its quarterly survey on the unemployment rate on Tuesday.
As the world marks International Workers’ Day today, trade unions across the world have pledged their solidarity to workers and their struggle to achieve fair employment standards.
The price of petrol will increase by 54 cents a litre while diesel and illuminating paraffin will cost between 1 cent and 3 cents per litre more respectively on 1 May.
The petrol price will rise by 54c per litre on 1 May, the fifth consecutive hike this year. EWN takes a look at what it has cost to fill up a car with a 50l tank over the course of the past year.
The Energy Department announced that all grades of petrol will increase by 54 cents. Diesel and illuminating paraffin will go up by 1 cents and 3 cents per litre, respectively.