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ECONOMY-FINANCE

The unbelievable discovery of how much the SAA was sold for last year

The investigations into the SAA loss came back with shocking discoveries as it was concluded that the major share only cost R51 to be acquired from the South African Airways last year. How is a whole airline sold for R51? The treasury has raised the alarm on this deal and flagged it as a detrimental deal.

  5 days ago ago
The unbelievable discovery of how much the SAA was sold for last year

ECONOMY-FINANCE

SA Gears Up For Wednesday's Sharp Rise in Fuel Prices

As if corona virus isn't putting enough strain on many people's lives , the Energy Department has announced that there'll be an 81 cent increase in petrol price on Wednesday, 3 February. This is due to the increase in the average international product prices for petrol , diesel and illuminating paraffin. The price of diesel will increase by between 58 and 59 cents a litre and the illuminating paraffin will rise by 59 cents. Citing reasons for this sudden increase the Energy Department stated that the average

  1 year ago ago
SA Gears Up For Wednesday's Sharp Rise in Fuel Prices