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South Africa’s economic activity slowed down in April 2022, but it is still showing growth, according to the insights gleaned from the latest monthly data in the BankservAfrica Economic Transactions Index (BETI). Despite commodity price levels reaching their peak, prices will likely remain elevated for some time to come and support the country’s mining and related sectors.
Economic activity has moderated somewhat in April 2022, but the South African economy is still growing. We have probably reached the peak of commodity price levels, but the prices will likely remain elevated for some time to come, which will continue to support the country’s mining and related sectors.
Following the Finance Minister’s generous accommodation of an almost two months reprieve in the fuel price that entailed a R1.50c per litre reduction in the general fuel levy, farmers face a hefty fuel bill next month as the intervention period lapses.
South Africa’s fuel prices increased again for diesel inland, between 88c/l and 94c/l for diesel at the coast, while the price of petrol decreased by 12 cents a litre on 04 May 2022.
What can retirement funds do to improve client-adviser engagement during members’ employment years?