Witrot Posted June 12, 2008 Posted June 12, 2008 Why only 50 basis points, was hoping for 100 at least....ok, i'm running. But ja, it won't suprise me if we get increase as soon as august again...if not september. The goverment made a mistake by thinking our economy will not be so badly affected by the world trend cause we going to grow for 2010....well, well.....now we all pay for it dubbel. This inflation might increase till this time next year and then it should improve again hopefully....
lowracer Posted June 12, 2008 Posted June 12, 2008 Interest rates go up by 0.5% and guess what else is going up...FUEL PRICES<?: PREFIX = O />Price Change Forecast <?: PREFIX = ST1 />South AfricaON> Controlled Product Price Forecast Next Price Change : Wednesday 2 July 2008 Petrols 65.00 - 69.00 c/l increase http://www.mail2web.com/cgi-bin/dnxd=FC5BA4C877A5511CF438BB8236D5740CC710DFCEE1AD2C3296BBEADE6502214030DA194E8DE912DED6ADBAD1475442006E812703C89DA27CC57DA85958C5FE9879F6494DBB4CC9DF303B3AB1263D9211E5C4F8C7CA0E48F2532F682C71A184C9F0AC538BF0DCE47CB544FF9ACAA6F2EDB89BDFDFDA&ed=0GiZyQ78AE3aNbeUdtp0ALc%2FmZ%2Bi5ghpwuSimDJacm0wwR9IkewR2da11YIYAB9XbpFGYLu59mvFDAfN91D7eImGaERhrIO8rZMyBJkwQ%2Fq1Hxlamn0Xs7y1RhQG0r2IOOq9ZN%2FrDU6Q%3D%3DLow Sulphur Diesel 0.05% 62.00 - 68.00 c/l increase <?: PREFIX = V />http://www.mail2web.com/cgi-bin/dnxd=FC5BA4C877A5511CF438BB8236D5740CC710DFCEE1AD2C3296BBEADE6502214030DA194E8DE912DED6ADBAD1475442006E812703C89DA27CC57DA85958C5FE9879F6494DBB4CC9DF303B3AB1263D9211E5C4F8C7CA0E48F2532F682C71A184C9F0AC538BF0DCE47CB544FF9ACAA6F2EDB89BDFDFDA&ed=0GiZyQ78AE3aNbeUdtp0ALc%2FmZ%2Bi5ghpwuSimDJacm0wwR9IkewR2da11YIYAB9XbpFGYLu59mvFDAfN91D7eImGaERhrIO8rZMyBJkwQ%2Fq1Hxlamn0Xs7y1RhQG0r2IOOq9ZN%2FrDU6Q%3D%3DUltra Low Sulphur Diesel 0.005% 64.00 - 69.00 c/l increase http://www.mail2web.com/cgi-bin/dnxd=FC5BA4C877A5511CF438BB8236D5740CC710DFCEE1AD2C3296BBEADE6502214030DA194E8DE912DED6ADBAD1475442006E812703C89DA27CC57DA85958C5FE9879F6494DBB4CC9DF303B3AB1263D9211E5C4F8C7CA0E48F2532F682C71A184C9F0AC538BF0DCE47CB544FF9ACAA6F2EDB89BDFDFDA&ed=0GiZyQ78AE3aNbeUdtp0ALc%2FmZ%2Bi5ghpwuSimDJacm0wwR9IkewR2da11YIYAB9XbpFGYLu59mvFDAfN91D7eImGaERhrIO8rZMyBJkwQ%2Fq1Hxlamn0Xs7y1RhQG0r2IOOq9ZN%2FrDU6Q%3D%3DIlluminating Paraffin 40.00 - 47.00 c/l increase http://www.mail2web.com/cgi-bin/dnxd=FC5BA4C877A5511CF438BB8236D5740CC710DFCEE1AD2C3296BBEADE6502214030DA194E8DE912DED6ADBAD1475442006E812703C89DA27CC57DA85958C5FE9879F6494DBB4CC9DF303B3AB1263D9211E5C4F8C7CA0E48F2532F682C71A184C9F0AC538BF0DCE47CB544FF9ACAA6F2EDB89BDFDFDA&ed=0GiZyQ78AE3aNbeUdtp0ALc%2FmZ%2Bi5ghpwuSimDJacm0wwR9IkewR2da11YIYAB9XbpFGYLu59mvFDAfN91D7eImGaERhrIO8rZMyBJkwQ%2Fq1Hxlamn0Xs7y1RhQG0r2IOOq9ZN%2FrDU6Q%3D%3D Brent Crude $133.68 per barrel Brent June 2008 forecast $133 - 137 per barrel Rand - US $ exchange 7.9883 This Price Forecast is based on information as at 12 June 2008 and is based on current price regulation guidelines as stipulated by the Department of Minerals and Energy. This is mainly based on international crude and finished product price movements coupled with prevailing Rand ? US Dollar exchange rates. Unless specifically stated Official Price Change
1hill@aTime Posted June 12, 2008 Posted June 12, 2008 Did anyone watch him on tv this afternoon,man he was so confused with some of the questions thrown at him.
Jackes Posted June 13, 2008 Posted June 13, 2008 And STILL everyone recons it should've been atleast 1 % and that we're dumped in screwed inflation for a while to come now !!! good job guys...
scotty Posted June 13, 2008 Posted June 13, 2008 Within a matter of seconds of the announcement, the rand took a huge knock, this together with Russia's resisting any downward move by Opec to reduce the barrel price of oil makes for tough times to come.
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