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Commuters wait to enter their taxi at Bree taxi rank in Johannesburg. Picture: AFP

Sa economic challenges

With expected fuel price hike coming, taxi sector not increasing prices for now

By Dominic Majola

The Automobile Association (AA) has predicted a 99 cents a litre increase in petrol prices while diesel will go up by a massive R1.42 a litre in November.

  • FILE: Minister in the Presidency Jackson Mthembu at a post-Cabinet briefing on 11 July 2019. Picture: Gaye Davis/EWN

    Mthembu: South Africans must stop selling themselves short

    Cabinet said that South Africa was still an attractive investment destination and has welcomed increased interest by prospective investors.

    1030 days ago
  • President of the sixth democratic Parliament Cyril Ramaphosa. Picture: @GovernmentZA/Twitter

    Ramaphosa’s biggest challenge is SA’s economic recovery, DA on Sona

    The DA said poor business and investor confidence were some of the biggest impediments to growth, along with a precarious power supply and the high cost of electricity.

    1066 days ago
  • Screenshot of Sizwe Pamla. Picture: YouTube.

    'Wake up before it's too late,' unions warn govt after GDP falls

    Congress of South African Trade Unions (Cosatu) Sizwe Pamla says this is a result of no drastic action being taken by the government to kick start the economy.

    1080 days ago
  • FILE: Finance Minister Tito Mboweni addressing the media prior to his annual Budget speech on 20 February 2018 in Cape Town. Picture: EWN

    'What is this obsession with Sarb?': Mboweni sets record straight again

    The ANC's economic transformation head Enoch Godongwana echoed Finance Minister Tito Mboweni's view that the Reserve Bank must protect the currency in the interest of sustainable economic growth.

    1080 days ago
  • Picture: @GovernmentZA/Twitter

    Team SA's hard work paying off, says Presidency ahead of WEF showcase

    Earlier this week, a UN report showed that foreign direct investment into South Africa grew from $1.3 billion in 2017 to $7.1 billion last year.

    1213 days ago
  • Picture: Supplied.

    [LISTEN] Buying only SA-made vehicles could boost GDP by R37bn

    Wits postgraduate student Lourens Weyer says government’s reliance on buying expensive imported vehicles has negative effects on the economy.

    1302 days ago
  • FILE: This picture taken on 17 January, 2012 shows a close-up of a page of the Ratings agency Fitch website. Picture: AFP.

    Fitch expresses concerns following Mboweni’s MTBPS

    The agency has given its verdict on the budget speech, presented by the minister on Wednesday.

    1302 days ago
  • Picture: AFP.

    SA govt warned over huge debt burden

    The group's head Jannie Rossouw says if the government doesn't get to grips with its wage bill, it may have to approach the IMF for help.

    1304 days ago
  • A screengrab of President Cyril Ramaphosa addressing South African diplomats on 23 October 2018.

    Ramaphosa calls on SA’s ambassadors to sell country abroad

    The South African president addressed the annual heads of mission conference in Pretoria on Tuesday.

    1305 days ago
  • FILE: Limpopo Premier Stanley Mathabatha. Picture: Facebook

    Mathabatha: China’s investments will bring development in SA

    Limpopo Premier Stan Mathabatha says at least 21,000 jobs will be created starting in March.

    1327 days ago
  • FILE: Finance Minister Nhlanhla Nene. PIcture: GCIS

    SA's recession to hit revenue collection - finance minister

    Nene said on Monday that there is a significant downside risk to revenue collection due to a recession and problems in tax collection by the revenue service.

    1348 days ago
  • Picture: Pixabay.com

    Treasury expects review report on VAT zero-rated items by end of July

    The independent panel, established in March, has received public submissions and held hearings on whether the list of 19 items should be expanded

    1402 days ago
  • Finance Minister Nhlanhla Nene at a FEDUSA gathering in Pretoria on 4 March 2018. Picture: Ihsaan Haffejee/EWN

    Renewed commitment by govt to tackle SA’s financial woes - Nene

    Finance Minister Nhlanhla Nene is attending the 2018 spring meetings of the International Monetary Fund and world bank group in Washington DC.

    1491 days ago
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FILE: Employees in cleanroom suits test the procedures for the manufacturing of the messenger RNA (mRNA) for the COVID-19 vaccine at the new manufacturing site of German company BioNTech on 27 March 2021 in Marburg, central Germany. Picture: Thomas Lohnes/AFP

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