Entries tagged with “oil prices”.


good news, hands holding paper with text concept, positive media

It is a week of good news in Cape Town, with the petrol price dropping at midnight tonight, and the Level 5 water restrictions having dropped to Level 3 on Saturday.  (more…)

WhaleTalesTourism, Food, and Wine news headlines

*   Google has announced that it will launch driverless automatic cars in five years from now.  The company is working with American authorities to test the safety of these cars.

*   The SA economy could grow by 2,1% this year, a better growth rate than that of 2014, with lower oil prices, higher consumer spend, fewer strikes, lower inflation rate, and a small interest rate hike later this year.  Barclays Africa economist Peter Worthington says that the growth rate could be even higher, were it not for Eskom’s loadshedding!

*   Food prices could fall this year due to the decreasing oil and therefore fuel price, reducing inflation, but not by much, it is (more…)