Data released by Absa reflects a significant rise in the value of online transactions in 2024.
About 30% of potential revenue from electricity usage and water consumption is lost due to theft and leaks.
Shein and Temu were not paying the SA Revenue Service duty of 45%.
Wocfa has brought industry leaders and representatives of governments together.
Another significant decline in the price of petrol and diesel should help to stem inflation.
The road freight industry has urged incoming government leaders to stick to the plan to confront the economy’s myriad challenges.
The organisation hopes to continue working with the government in public-private partnerships.
Cost pressures are easing on the back of recent fuel price decreases.
The value of merchandise imports decreased while that of merchandise and net gold exports increased.
If positive sentiment holds, a stronger rand will lead to lower import prices and scope for an interest rate cut in September.
Stocks on the JSE also strengthened following the appointment of the new government ministers.
Expected fuel price decreases are being driven almost entirely by movements in international product pricing.
The first of the two projects runs between Olifantshoek and the North West border.
