According to the Automobile Association (AA), the price of petrol is expected to go up by between…
Category: Economy
KZN Finance MEC 2022/2023 budget speech summary
KwaZulu-Natal Finance MEC Nomusa Dube-Ncube highlighted numerous factors impacting the province and developments in the pipeline.
Russia – Ukraine impact on South Africa, Minister says there are positives
The rising oil price and supply constraints around wheat pose upside risks to food and headline…
How healthy is the farming sector in 2022? SAAI and AfriForum speak to us
Therefore, it would come as no surprise to learn that South Africa currently holds 32 000…
Bumpy ride ahead Newcastillians, says Chief Economist for Investec
Driven by constant political conflict, global events and a notorious crime rate—South Africa feels as though…
Newcastillians question’s answered by ArcelorMittal regarding profit vs pocket
During a press briefing on 10 February 2022, AMSA stated that the fiscal year ended 31 December 2021 was its…
Ukraine crisis could see petrol price jump to R25 a litre soon
For South Africa, which imports oil instead of exploring and extracting its own, higher oil prices…
This is how much more you will pay for alcohol and tobacco products
Smokers and drinkers will now be forking out extra cash for their favourite brands of smokes…
Tax relief for households as Finance Minister tables maiden budget
National Treasury affirmed that it would not increase taxes this year, ensuring taxpayers don’t have to reach…
Absurd increases will lead to record-high fuel prices in March
Massive fuel price increases of well over R1 per litre are expected for all fuel grades…
Cannabis industry to flourish with mega investment opportunities available
SA's economy has been battered, with an ever-increasing unemployment rate. However, a light at the end…
Major petrol price increase on 1 February
South African motorists to feel the pinch at the pumps from Wednesday, 1 February 2022, when prices…
Government accepts R11.4 billion loan, despite overwhelming debt
South Africa's request for a $750 million (R11.4 billion) development policy loan has been approved by…
From fuel to food, how did the year-end inflation impact us?
Consumer inflation in 2021, according to Stats SA, was 4,5%, higher than the averages for 2020…
DA celebrates as expropriation of land Bill declined
"204 MPs voted in support of the bill, 145 voted against it. A two-thirds majority requires…
Large jump in Petrol prices as of 1 December 2021
"South African motorists can bank on having to dig much deeper into those wallets for fuel…
Repair work to Memel Road continues; here’s the update
"In October, Memel farmers, led by Beukes Willemse, launched a project to fill and repair potholes on the…
BATSA demands R28 per pack of cigarettes to oust illegal products
"According to BATSA, the illegal cigarette industry deprives the South African economy of billions of Rand in…
This is why Diesel prices are about to jump R1.48 per litre
"The Department of Mineral Resources and Energy has announced the impending massive fuel price increase, which will take…
New PwC study reveals what year-end and 2022 holds
"PwC, a professional services firm, has released its latest economic outlook for South Africa, highlighting how…
Alcohol sales prohibited on 1 November 2021—Beer Assoc frothing
"On 1 November 2021, due to the municipal elections, the government has halted alcohol sales for 24…
A dramatic spike in petrol prices forecast. Read more here
"According to the AA, the current picture shows fuel up 99 cents a litre/ Diesel and paraffin…
85% of Healthcare workers to leave SA if NHI implemented
"Solidarity released its latest report on the National Health Insurance (NHI), which stresses that the majority…
Gov reveals cannabis master plan adding the plant to school curriculums
"According to the Department of Agriculture, Land Reform and Rural Development, the establishment of the Cannabis…
Unemployment escalates; why are men being employed more than women?
"The unemployment in South Africa has risen to a record-breaking 34.4% in the second quarter of…
New Clothing and Textile hub to drastically boost Newcastle, Ladysmith and KZN
"In addition to the dire financial implications of the recent civil unrest and the impact of…
New study: 5 million South Africans paying 90% of the country’s Tax. This and more
"New data reveals just how happy or, rather, unhappy South Africans really are and just how…
Here is why farmers are demanding the removal of Mooi River Toll Plaza
"The agricultural union of KwaZulu-Natal, Kwanalu, is calling for the removal of the Mooi River Toll…
161 malls, 11 warehouses and 8 factories affected, as KZN takes stock
"Acting Minister in the Presidency, Khumbudzo Ntshavheni, says an estimated 150 000 jobs are at risk…
Newcastle Mayor vows to support textile industry, as jobs hang in the balance
"On Friday, 16 July 2021, the KwaZulu-Natal Legislature and the Amajuba District family of municipalities (Newcastle,…
The illicit cigarette price war is sucking the life out of legitimate farmers and producers
"Illegal cigarette manufacturers are draining the lifeblood out of South Africa's legitimate tobacco farmers, processors, and…
Owner of De Hoop Collection and Chairman of Cape Country Routes, discusses the transformation of tourism
"With international terminals collecting dust and countries further restricting travel to our bushveld luxury businesses, the…
Inflation hits a 14-month high-highest reading since before the lockdown
Releasing their findings on Wednesday, 19 May 2021, Stats SA highlights that the annual headline inflation…
SAAPA SA demands stricter booze restrictions, Beer Association Boss whips back
"Producing devastating consequences on the economy, but a favourable outcome on people's health—the restrictions on alcohol…
Record high petrol prices set to kick in at midnight. This is what to expect
"With Newcastillians already tightening their budgets, motorists will now have to brace themselves for record high…
How much has the cost of living spiked since 2020? The figures will shock you
"Newcastillians have come to accept numerous changes in their daily lives. But what has been the…
R238k for a mop, R56 for milk and accusations of racism, Eskom’s woes continue
"Eskom chief executive officer, André de Ruyter, suspended Tshitangano in February for poor performance and not…
Eskom confirms 15% tariff increase and comments on Newcastle Municipality’s debt
Welcoming the decision, the power utility notes, “This court decision allows for Eskom to recover efficiently…
What has 2020 really cost us? The stats are mind-blowing
"As the country focuses on each segment of the past year in bite-size chunks, from politics…
“100% tax increase on tobacco products,” states anti-tobacco lobbyists and COSATU
The South Africa Tobacco Transformation Alliance (SATTA) has condemned the call by COSATU for a 100%…
Curro to potentially see significant investment from PSG group
As the corporate landscape of South Africa continues to adapt to life after COVID-19, with several…
SA’s trending careers plus what salaries to expect
Amidst fears of job security and a failing economy, CareerJunction has published its job index for…
Newcastle’s Hospital Street to see multi-million Rand housing project erected
Massive changes are heading Newcastle’s way, following the announcement of a multi-million Rand housing project to…
Report shows that 100 SA millionaires have already left, this is why
Over recent months, South Africans have faced several, harsh challenges. The state of the country’s economy…
Has Ramaphosa seen the light, this after addressing failed ANC on years of corruption?
“As the inheritors of the legacy of Luthuli, Thambo and Mandela, we must be honest with…
5 of South Africa’s major companies who have fallen due to the deadly Lockdown
As lockdown regulations ease and thousands of businesses try to re-establish themselves, there are some large corporations…
The tobacco battles begin, as BATSA and FITA lock horns over illegal cigarettes
With a skip in our step, South African smokers exhaled a jubilant-sigh of relief this morning,…
Restaurants and pubs, the harsh reality of business during lockdown
On Saturday evening, 15 August 2020, South Africans received the news that our country would now…
Trending: SA farmers begin massive national protest
As a country, South Africa faces many obstacles on a daily basis, to the point whereby…