Diesel price increase
A decimal error has caused confusion over diesel prices in South Africa. The government underestimated the rise by nearly R1 per litre.
A decimal error has caused confusion over diesel prices in South Africa. The government underestimated the rise by nearly R1 per litre.
Australia’s inflation continues to exceed targets, leading the Reserve Bank to indicate further rate increases. Geopolitical tensions add to economic pressures.
Türkiye’s inflation rate has unexpectedly surged, reaching 32.37% in April 2026. Rising costs in essential sectors are driving this increase.
South Africans will see a notable increase in fuel prices in May 2026, driven by global oil price surges and a weaker rand.
The South African government is extending fuel levy relief measures amid rising petrol and diesel prices. Significant increases are still expected in May 2026.
The South African rand has faced significant depreciation amid rising geopolitical tensions. Key factors influencing its decline are detailed.
The Reserve Bank of New Zealand is set to maintain the Official Cash Rate at 2.25%, amid rising inflation and global economic pressures.
Food prices are projected to increase significantly due to supply chain disruptions and rising fertilizer costs, impacting low-income households disproportionately.
As South Africa navigates economic pressures, the Reserve Bank is urged to maintain interest rates to support stability. Samuel Seeff emphasizes the need for caution.
Gold prices are currently trading at $4,424.29, influenced by various market factors. Key support and resistance levels are critical for traders.