Oil Price - Policy, Law & Economics News

The weaker rand and the high price of oil played a role in the increasing of fuel prices, Finance Minister Pravin Gordhan said on Thursday. "Oil is extraordinarily high," he said at a televised New...

FEDUSA: Statement by Dennis George, Federation of Unions of South Africa General Secretary, welcomes the unchanged repo rate (23/11/2012)

STATEMENT

The Federation of Unions of South Africa (FEDUSA) is pleased with the unchanged repo rate as announced by the South African Reserve Bank (SARB) yesterday. However, FEDUSA remains convinced that...

Land acquisitions: India’s investments in Africa

CONSULTANCY AFRICA INTELLIGENCE

In recent years, Africa has seen an increase in corporate and foreign Governments leasing or purchasing large areas of land in some of its poorest regions. These large-scale land acquisitions have...

SA: Statement by the Federation of Unions of South Africa, cautiously pleased with unchanged interst rate (20/09/2012)

STATEMENT

The Federation of Unions of South Africa (FEDUSA) is guardedly pleased with the unchanged repo rate as announced by the South African Reserve Bank (SARB) today. However, FEDUSA remains convinced...

DA: Statement by Lance Greyling, Democratic Alliance Shadow Minister of Energy, expressing that petrol price increase could have been avoided (03/09/2012)

STATEMENT

On Wednesday the petrol price will increase by 93c per litre. Most South Africans can ill afford this increase, which could have been avoided if the Department of Energy had taken heed of the...

SA: Statement by the National Union of Metalworkers of South Africa, on meeting during the 9th Numsa National Congress (02/09/2012)

STATEMENT

A. Main Tasks of the August 2012 Numsa CC The National Union of Metalworkers of South Africa (NUMSA) Central Committee (CC) met for the first time after the 9th Numsa National Congress from 27th to...

Despite economic weakness, current commodity slump ‘disproportionate’

ECONOMIC OUTLOOK

Recent sharp falls in commodity prices are “disproportionately” large when compared with prevailing weaknesses in the global economy and a number of prices are, thus, likely to recover during...

DA: Statement by Mmusi Maimane, Democratic Alliance National Spokesperson, calling on goverment to take action on fuel prices

STATEMENTS

This morning I visited the Bree Taxi rank in Johannesburg to talk to ordinary South Africans about how the recent increase in the fuel price is affecting their lives. The message I got was crystal...

DA: Statement by Lance Greyling, Democratic Alliance shadow minister of energy, calling on the government to bring down the fuel price (04/04/2012)

Statements

The Democratic Alliance (DA) welcomes the Department of Energy’s call for a review of the fuel pricing mechanism used by the Central Energy Fund (CEF). Government needs to take bold...

Too much debt set to remain a global concern for years to come

GLOBAL ECONOMY

It is ‘business unusual’ across the globe as economic parameters are out of the normal range of growth and expectations, economic analyst UBS head of emerging markets research Costa Vayenas...

Petrol price to fall next week

FUEL PRICE

South Africa's petrol pump prices in the main inland commercial region Gauteng will decrease by 11c or 1.02% on December 7, the Energy Department said on Friday. The new pump price for 95 grade...

SA: Peters: Budget speech, by the Minister of Energy, in the National Assembly (26/05/2011)

Topics

Date: 26/05/2011
Source: the Deaprtment of Energy
Title: SA: Peters: Budget speech, by the Minister of Energy, in the National Assembly

Honourable...

SA: Peters: Address by the Minister of Energy, At a briefing ahead of the Budget Vote speech, Cape Town (26/05/2011)

Topics

Date: 26/05/2011
Source: The Department of Energy
Title: SA: Peters: Address by the Minister of Energy, At a briefing ahead of the Budget Vote speech, Cape Town

...

SA: Statement by Dipuo Peters, Minister of Energy, calling on South Africans to implements fuel efficiency measures (10/05/2011)

Statements

Minister of Energy, Dipuo Peters (MP) says recent events including last week’s increase in fuel prices have the potential of disrupting economic growth prospects in the country.
...

Monetary Policy Committee Statement by Gill Marcus, South African Reserve Bank Governor (24/03/2011)

Statements

Since the previous meeting of the Monetary Policy Committee, the risks to the outlook for domestic inflation have increased on the upside, mainly as a result of cost push pressures. The...

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