prices

The Competition Commission has released a new report based on its monitoring of food prices.A large number of complaints received under excessive pricing regulations during the lockdown, were related to basic food products in retail stores.The report says food prices are stabilising, but could be slow to come down. Nearly 20% of the complaints received under…

The Automobile Association is projecting that South African motorists will pay about R1.73 more for a litre petrol, and R1.74/l more for diesel, from next week when fuel prices for July come into effect.  It was commenting on unaudited month-end fuel price data released by the Central Energy Fund.The AA said the main reason for the…

As the coronavirus pandemic saps demand for oil throughout the United States, crude oil prices dropped 306 percent on Monday to -$37.63 per gallon, its lowest level since 1983, but don't expect to see that at the pump."At this point, it doesn't look like gasoline will be mirroring the unprecedented drop in the WTI crude oil…