Business

Checkers pulls one of its own food products from its shelves in South Africa
Checkers has reportedly pulled one of its own-brand braai packs after customers complained that the pack contained more sauce than chicken.

Fuel tax hike plan to be kept under review over Iran, says PM
Fuel duty on petrol and diesel is due to rise from September, when a 5p cut is phased out.

US inflation stable ahead of Iran shock
With energy prices jumping, analysts say the report might be viewed as a “historical artefact”.

OUTsurance gives R470 million ‘gift’ to shareholders
OUTsurance has declared a special dividend, with shareholders rewarded an additional payout of roughly R470 million.

Heating oil protection calls after ‘shock’ price rises
About 130,000 households in Scotland rely on the fuel to warm their homes.

Capitec innovates to empower entrepreneurs through affordable fees and access to inflow-based credit
South Africa’s economy is powered by millions of entrepreneurs, from traders and sole proprietors to growing small businesses.

Discovery gets the nod to spend R4 billion to buy its own office – with its own Woolworths
Discovery looks set to acquire its own office in Sandton following approval from the Competition Commission.

Cost of yearly electricity bills to drop for all NI households
The £30 per year reduction in electricity bills is part of a UK government scheme.

G7 welcomes potential record release of oil reserves
The group of nations welcomes the idea of releasing oil in response to the surge in prices since the US-Israel war with Iran began

South Africa’s biggest airline adding surcharge to tickets as fuel prices skyrocket
FlySafair has announced that it will introduce a temporary fuel surcharge to ticket prices as the cost of fuel skyrockets amid the conflict in the Middle East.

R1.76 billion allocated to cut 30,000 government workers in South Africa
The National Treasury has set aside R1.76 billion in additional funding to encourage thousands of public servants to voluntarily exit the state workforce.