increase Archives - Voice of the Cape

October is expected to hit motorists with significant increases in fuel

By Daanyaal Matthews South Africans can expect a significant hit to their budgets as the Automobile Association (AA) reported fuel price increases in its unedited data. Petrol is expected to rise by R1/litre, Diesel to rise by R2/litre, and Paraffin by R1.8/litre. Speaking on VOC Breakfast, Eleanor Mavimbela, Spokesperson for the AA, stated that petrol, diesel, and paraffin, will be increasing which, when viewed congruently with the increase for September, […]

26 September 2023

Local

Consumer Alert: Petrol prices on the rise

By Dideka Njemla Motorists can expect sharp fluctuations in the petroleum product prices at the start of next month. According to latest data by the Automobile Association of South Africa (AA) all grades of fuel are predicted to increase pending the Department of Mineral Resources and Energy approval thereof which is set to be heard on Monday, 4 September, as the petrol retail price is regulated by government and is […]

18 August 2023

Local

Unions slam increase for Public Office Bearers

Cosatu says it is deeply disappointed that President Cyril Ramaphosa has decided to grant a salary increase of 3% to Public Office Bearers. This is on the recommendation of the Commission for the Remuneration of Public Office Bearers of 3.8%. The increment also applies to members of the Independent Constitutional Institutions, Judges, Magistrates and Traditional Leaders for the 2022/2023 financial year. It is still subject to approval by Parliament. Cosatu’s […]

4 July 2023

Local

Economists warn of another electricity tariff increase

By Loushe Jordaan Gilbert Come next month, Eskom employees will be smiling a bit more as all non-managerial employees will see a 7% salary increase for the next three years. Chief economist of the Efficient Group Dawie Roodt, said he is shocked at this news, especially as the utility already has existing debt of about R420 billion. “I am shocked to the core. They are increasing salaries when they have […]

19 June 2023

Local

Sadtu concerned about increase in violence, robberies at schools

The South African Democratic Teachers’ Union (Sadtu) has raised concerns about safety in schools across the country. It says violent incidents and robberies have been frequent in schools since the beginning of the 2023 academic year. The union’s spokesperson Nomusa Cembi says KwaZulu-Natal is the most affected. “These incidents are quite frequent, although we do not have the figures with us, we do not have the data. We’re getting reports […]

10 April 2023

Local

Repo rate up by 50 basis points

By Aneeqa du Plessis After much anticipation, The South African Reserve Bank (SARB) has increased the repo rate by another whopping 50 basis points to 7.75%. Commenting on the hike, SA Federation of Trade Unions (SAFTU) said it opposed the latest interest rate hike, as it will have an adverse impact on the living standards of workers and have a devastating blow to already ailed small businesses. The prime borrowing […]

31 March 2023

News

Petrol price hike leaves consumers in a panic

By: Aneeqa du Plessis Alas, after just a few brief months of reprieve, motorists have been hit with an increase in fuel prices. This comes after the Department of Mineral Resources and Energy announced that both grades of petrol has increased by 28-cents a litre, diesel by nine-cents a litre, and the price of illuminating paraffin has gone up by 58-cents. Speaking on VOC’s Breakfast show on Wednesday morning, Automobile […]

1 February 2023

Local

SA sim-swap fraud more than doubles in a year: SABRIC

LOCAL Sim-swap fraud in South Africa has more than doubled within a year. This is according to the South African Banking Risk Information Centre (SABRIC) 2021 report. According to SABRIC, nearly 4 400 incidents were recorded, representing a 63% increase, costing victims an average of R17 800. SABRIC says despite the uptick in SIM-swap fraud, digital channels remain the safest option when dealing with money in the country. The following […]

24 October 2022

Local

Public servants preparing for strike after rejecting government’s offer

LOCAL The Public Servants Association (PSA) says it is preparing for a strike in the public service after the majority of its members rejected the government’s salary increase offer. The PSA, which represents more than 235,000 public servants, declared a dispute when the government made an offer of a 2% salary increase. The government later improved the offer to a 3% pensionable salary adjustment, and the continued payment of the non-pensionable cash […]

12 October 2022

increase

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