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Message from MD- 3 October 2023

Category Newsletter: Message from MD

With the Rugby World Cup knock-out stages around the corner our Bokke will have to wait for the Ireland- Scotland game to be played before they know if they will make it to the quarter finals. I believe the Irish will claim another Scottish scalp this Saturday to take their winning streak record to fourteen and by doing so, launch South Africa into the knock-out stages. It is great to see so many South Africans whole heartedly supporting our men in green and gold, forming a camaraderie without limits. Go Bokke!

Unfortunately, we will see another large hike in fuel prices this month, mostly brought on by the steep rise in the price of Brent crude oil. This again will have a negative impact on food prices bringing about an increase in the consumer price index. Hopefully this will not affect our inflation rate, currently sitting at 4,8%, too negatively.

Author: Nico Louw

Submitted 03 Oct 23 / Views 108