OFM The OFM Business Hour

Predicted fuel prices to hurt already burdened South Africans

Loading player...
The steep fuel prices that have been predicted by the Automobile Association (AA) for the end of October are set to put a further dent in the pockets of burdened South Africans. According to the North West University (NWU) Professor, Waldo Krugell, consumers are really struggling with the fuel price increases and this is evidenced by the latest inflation figures released by Statistics South Africa (Stats SA) on Wednesday which show September inflation increased slightly to 5% from 4.9% in August. Krugell further says the effects of this petrol price increase will trickle down to other expenses causing further burden on citizens.
21 Oct 2021 1PM English South Africa Business · Daily News

Other recent episodes

UFS Business School: Your partner in lifelong learning

The UFS Business School is your partner in lifelong learning, offering flexible, industry-relevant opportunities that help individuals and organisations grow, lead and succeed. Taking you through the varied programmes and upcoming engagements is Prof MacDonald Kanyangale, Dr Cornelie Crous and Adele Louw from the UFS Business School.
5 Aug 4AM 10 min

Trusted Employer Scheme's second window opens

Government has officially opened the long-awaited second window for corporate employers seeking to become part of the Trusted Employer Scheme (TES), expanding the programme to create a faster, more predictable pathway for companies seeking to bring critical international skills into the country. Marisa Jacobs, Managing Director at Xpatweb, says this…
30 Jul 9AM 13 min

FNB explores South Africa’s retirement reality in survey

FNB Wealth and Investments has unveiled the fourth instalment of the FNB Retirement Insights Survey on the 16 June 2026 at the Goodman Gallery in Johannesburg. Now in its fourth year, the survey tracks how South Africans think about and plan for retirement, offering a comprehensive view of shifting perceptions,…
24 Jul 2AM 8 min
All episodes