Despite some volatility in global oil markets, a resilient rand is keeping petrol price recoveries in check, supporting potential cuts in August.
The latest data from the Central Energy Fund (CEF) shows that petrol prices continue to show an over-recovery despite uncertainty in the market.
Notably, global oil markets have steadily been growing following President Donald Trump’s announcement that he would pursue higher tariffs on various countries, including South Africa.
The rand, meanwhile, has remained relatively stable amid…
Environmental Reporting: Publications are increasingly focusing on environmental
issues, raising awareness about climate change and conservation.

Spunky Comet
Fun South African Fact: The meandering 850km road through Cape Winelands is the world’s longest wine route.
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Van der Merwe was watching a rugby test against the British Lions at Loftus Versfeld stadium in Pretoria. In the packed stadium, there was only one empty seat – next to Van der Merwe.
\”Who does that seat belong to?\” asked his neighbour.
\”It\’s for my wife.\”
\”But why isn\’t she here?\”
\”She died.\”
\”So why didn\’t you give the ticket to one of your friends?\”
\”They\’ve all gone to the funeral.\”