The new rules are an improvement, but proper implementation is vital, writes Murray Hunter and Cherese Thakur.
The Competition Commission says it is prioritising the investigation of cases of overpricing of essential goods by certain retailers during the lockdown period, and businesses have been given a chance to respond to the allegations.
Cabinet's economic cluster is considering allowing the state's expert panel on zero-rated VAT items to expand the scope of its work to include reviewing the recent fuel price hikes.
The company has assured customers that its network will remain active despite its recent credit downgrade to the lowest junk rating.
Steadily rising meat prices have been impacted partly by the drought, with dry weather conditions set to become more regular in the Western Cape, warns MEC Alan Winde.
The price of food in the baskets of low-income households shot up by nine percent in the three months to January — and there are more price hikes to come.
A huge jump in the transaction fees to be paid to the Road Traffic Management Corporation every time a car is licensed in South Africa drew howls of protest last year. Now the transport minister is looking for feedback on another hike.
The Automobile Association (AA) has warned of another fuel price hike in July, while motorists are still reeling from the third consecutive increase in June.
Statistics show the producer price index of raw milk has gone up by 24% over the past year, with consumers paying more for milk than last year due to the drought.
The combination of ever-increasing petrol and food prices is placing 94% of South African households at high risk of a negative net income, warns an economist.
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