The continuing effects of the great social and economic dislocation of the past two years hit South Africans hard in 2022, with the department of mineral resources & energy announcing that petrol and diesel prices would reach record highs.
Over the past couple of months the spike in fuel prices has been driven, ironically, by the buoyancy of global economies that were slowly recovering from the effects of the pandemic, which had dented demand for oil across the globe. As economic activity recovered, the oil price inched upwards to reflect increased demand. That organic change in fuel prices was unfortunately succeeded by a forced price escalation caused by Russia’s invasion of Ukraine...
CoruscaKhaya I think the tweet should have used the headline itself. Short-term solutions in their nature are not sustainable.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
KHAYA SITHOLE: Trying to solve the problem at the pumps is a taxing businessShort-term solutions to the fuel crisis are not sustainable 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE rebound likely to be short-livedAnalysts warn that risk and volatility remain high, while investors await the minutes of the most recent Federal Open Market Committee meeting
Source: BDliveSA - 🏆 12. / 63 Read more »
KHAYA SITHOLE: Trying to solve the problem at the pumps is a taxing businessShort-term solutions to the fuel crisis are not sustainable 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »