Bad turn for petrol prices and South Africa's R350,000 schools

Here are the biggest stories in South Africa that you may have missed this week | Mid-month data from the Central Energy Fund (CEF) points to a swing in fortunes for motorists and fuel users in the country, with prices building for a small jump next month. [BusinessTech logo]( [Top stories this week]( [◼ Here is the expected petrol price for February]( Mid-month data from the Central Energy Fund (CEF) points to a swing in fortunes for motorists and fuel users in the country, with prices building for a small jump next month. [◼ The most expensive private schools in South Africa in 2024 – with one now at R400,000 a year]( Private schools in South Africa have hiked fees for 2024, with at least six now charging more than R350,000 a year for boarding and tuition. [◼ Good news for driving licence renewals in South Africa in 2024]( The Driving Licence Card Account Entity (DLCA) plans to install another 900 Smart Enrolment Units (SEU) across South Africa’s driver’s licence testing centres (DLTC) [◼ South Africans are semigrating to areas ‘where things work’ – and one province stands out]( As rising municipal rates and electricity tariffs shoot up and service delivery drops, homeowners will be looking to make the jump to areas where things aren’t falling apart . [◼ 2023 NSC matric pass rate climbs to 82.9% in South Africa]( The Department of Basic Education has published the final National Senior Certificate (NSC) results for the 2023 matric year, showing a 2.8 percentage point increase in the pass rate to 82.9%. [◼ The big problem with inverters and battery backups in South Africa]( South African households that cannot afford a full transition to solar energy – or may be limited by body corporates and other logistical issues preventing them from going solar – are increasingly turning to inverter and battery back-ups to keep the lights on during load shedding. [◼ Emigration is shifting in South Africa]( Despite the narrative that many South Africans are emigrating due to the nation’s plethora of challenges, data and insights from experts paint a different picture. [◼ Another massive electricity price hike hitting South Africans soon]( Despite having the worst year of load shedding in 2023, and many analysts noting it is firmly here to stay in 2024, South Africans must prepare for another double-digit Eskom tariff increase this year. [◼ This R22.5 million amusement park ‘resort’ is up for auction in South Africa]( A marina and amusement park in Deneysville, Free State is going on auction later this month. [◼ The average salary increase you can expect in South Africa in 2024]( South African employers are forecast to increase pay by more than CPI in 2024 in an attempt to attract and retain staff amid high inflation and a challenging labour market. [Facebook]([Twitter]([LinkedIn]([YouTube]( [Manage your preferences or unsubscribe]( • [View PDF]( • [Pause Subscription]( • [View Online]( This email was sent to {EMAIL} on 21-01-2024 This is intended for opt-in communication only. If you feel this email is unsolicited please [report it]( to us Email Powered By Everlytic