#fuel
Tuesday October 24th, 2017
South African fuel prices have been on an upward trend since August 2017, mainly driven by an increase in Brent […]
Thursday January 18th, 2018
After a positive start to the year with a marginal decline in fuel prices, February 2018 could bring a further […]
Thursday April 12th, 2018
The South African tractor sales were up by 41% y/y in March 2018, with 726 units sold. This follows a 12% y/y contraction in February. On average, 23 tractors were sold a day last month compared to 21 tractors in February 2018 and 16 tractors a day in March 2017. Given that this is a fairly quiet period in the fields (in both summer and winter crop growing areas), the private sales were expected to have followed a normal trend, but the overall boost could be linked to government tenders ahead of the end of the financial year. The combine harvester sales were also solid, recorded a 9% y/y uptick, with 25 units sold.
Monday May 28th, 2018
After a notable increase in fuel prices earlier this month, June 2018 could bring further uptick in fuel prices to an all-time high. This is due to higher Brent crude oil price, coupled with the relatively weaker Rand against the US Dollar.
Friday August 24th, 2018
September 2018 could bring a further uptick to an all-time high