$100 oil price on the way, say experts
Surging demand, fading Omicron fears, and OPEC+’s inability to ramp up output have underpinned an eye-watering rally in oil prices. Source: BusinessTech
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Billionaire opens vaccine plant in South Africa
US biotech billionaire Patrick Soon-Shiong on Wednesday launched a plant that will produce a billion Covid-19 vaccine doses in Cape Town by 2025, fulfilling a longtime plan to help bring greater health equity to the country of his birth. Source: BusinessTech
Price hikes planned for universities in South Africa
The Department of Higher Education has proposed that South Africa’s universities increase tuition fees by 4.3% and student accommodation by 6.3% in 2022. Source: BusinessTech
The best place to reach South African business decision makers
BusinessTech is the best place to reach South Africa’s business decision makers. Source: BusinessTech
6 things that are more expensive in South Africa at the start of 2022
Statistics South Africa has published its latest consumer price index, showing that annual headline inflation jumped to 5.9% in December 2021, up from 5.5% in November 2021. Source: BusinessTech
Upper-middle income South Africans are selling up to emigrate
FNB has published its latest property barometer for South Africa, showing some of the key reasons why South Africans are selling their homes right now. Source: BusinessTech
The best way to sell high-value properties in South Africa
Specialised property brokerage In2Assets has revolutionised the sale of high-value properties in South Africa. Source: BusinessTech
Call for eased lockdown rules in South Africa
Under current level 1 regulations, the number of people permitted at an indoor gathering is 1,000, while the number of people permitted at outdoor events is 2,000. Source: BusinessTech
Omicron may cut future severity of Coronavirus, study shows
A strong wave of coronavirus infections driven by the Omicron variant could hasten the end of pandemic disruptions as it appears to cause less severe illness and provides protection against the delta variant, South Africa-based researchers said. Source: BusinessTech
Big changes for driver licences in South Africa – including simulators and online renewals
Transport minister Fikile Mbalula says this department will officially launch online services at Driving Licence Testing Centres (DLTCs) in February 2022 as part of a massive revamp of the country’s licensing system. Source: BusinessTech