Mpane Daily Gas

10/03/2026

10/02/2023

Why this people

“Mother drops off her kid's at School at Thomas Knyvvet an she encourage them to beat a Black girl who's been abused by them for over a week,an the head master his not really serious about that .when approaching his just strolling like nothing it's happening.”

10/02/2023

R250 GASREFILL WE DELIVER AROUND JOHANNESBURG

28/07/2022

21/07/2022

South Africa’s repo rate has been pushed sharply up, by 75 basis points (bps) – the steepest hike since September 2002.

The rate hike was announced by South African Reserve Bank (Sarb) Governor Lesetja Kganyago on Thursday, moving to front-load a steeper increase to rein in resurgent inflation.

The 75bp hike brings the repo rate to 5.5%.

He said the economy was yet to recover from the COVID-19 pandemic.
"Despite this outcome, flooding in KwaZulu-Natal and more extensive load-shedding are expected to result in a contraction of 1.1% in the second quarter. Growth in the third and fourth quarters is forecast to be 0.7% and 0.4%, respectively."

Kganyago said the economy was expected to expand by 1.3% in 2023 and by 1.5% in 2024, which was below the previous projection of 1.9% for both years at the time of the last meeting.

The bank’s forecast of headline inflation for this year has been revised higher to 6.5%.

Source: Eye Witness News