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SOUTH AFRICA: Weaker ZAR, Higher Oil Prices Feed into Jan 1 Fuel Price Raise

SOUTH AFRICA
EM BulletBulletEmerging Market News
  • Fuel prices are set to tick higher from January 1st, with 93 and 95-octane gas to rise by 19 and 12 cents per litre, according to a governmental statement, as the impact of the weaker ZAR and higher oil prices further filters through.
  • Newsflow elsewhere remains broadly quiet, with just the monthly budget balance stats on the schedule today.
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  • Fuel prices are set to tick higher from January 1st, with 93 and 95-octane gas to rise by 19 and 12 cents per litre, according to a governmental statement, as the impact of the weaker ZAR and higher oil prices further filters through.
  • Newsflow elsewhere remains broadly quiet, with just the monthly budget balance stats on the schedule today.