New vehicle sales data for February 2022 shows that the vehicle market in South Africa continued to gain traction. Aggregate domestic new vehicle sales in February 2022, at 44,229 units, reflected an increase of 6,860 units, or 18,4%, from the same period a year ago. Source: BusinessTech
The South African Post Office (Sapo) has announced the days on which beneficiaries of the R350 Social Relief of Distress Grant (SRD) may collect their funds. Source: BusinessTech
The findings suggest that South Africa has reached a turning point in the pandemic. Source: BusinessTech
Government can no longer rely on the slate levy and other mechanisms to soften the blow of fuel price hikes in South Africa, with more of the increased costs being passed onto consumers, says Investec chief economist Annabel Bishop. Source: BusinessTech
Business people in South Africa who do business by responding to tenders do so well aware that empowerment credentials assist in standing a good chance of winning. Source: BusinessTech
Russia’s invasion of Ukraine will have an impact on South Africa’s economic recovery and is likely to slow down growth in what was expected to be a post-pandemic recovery year. Source: BusinessTech
Labour union Solidarity has drafted a parliamentary petition in a move to deregulate the country’s petrol price and lower fuel costs. Source: BusinessTech
A probe into state corruption in South Africa found that senior ruling party officials received illicit payments from services company Bosasa, leaving president Cyril Ramaphosa in a quandary over how to respond. Source: BusinessTech
South African motorists can expect to pay record amounts to fill up their cars this week, with the cost of diesel and petrol set to climb by around R1.46 per litre. Source: BusinessTech
South African consumers are being pummelled by an all-time high fuel price and escalating food inflation, say experts at FNB. Source: BusinessTech
