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TODAY: South Africa’s Top News for 8 March 2022 – Petrol price reaching R40 a litre is not reality

Keep up to date with the latest headlines in South Africa as we cover a new water agency and Ramaphosa's stance on the Ukraine invasion.

Bianca Bassi by Bianca Bassi
2022-03-08 12:00
in News
TODAY: South Africa's Top News for 8 March 2022 - Petrol price reaching R40 a litre is not reality

TODAY: South Africa's Top News for 8 March 2022 - Petrol price reaching R40 a litre is not reality. Photo by Krzysztof Hepner on Unsplash

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In the news:

  • Today’s Weather Forecast for South Africa
  • Petrol price reaching R40 a litre is not reality
  • National water infrastructer agency to be established
  • Ramaphosa explains South Africa’s stance on Ukraine invasion
  • What’s for dinner?
  • Are you last night’s Lotto winner of R300,000?
  • What does your Horoscope have in store for you today?

Today’s Weather Forecast for South Africa

See the latest weather forecast and warnings across South Africa. From Heat Waves to Thunderstorms, stay up to speed with TODAY’S Regional Weather Forecast: 8 March 2022.

Petrol price reaching R40 a litre is not reality

Over the weekend, emeritus professor of international law at Unisa, André Thomashausen, claimed that petrol prices could reach up to R40 a litre as a result of the Russia-Ukraine war.

However, Econometric chief economist, Azar Jammine argued against this claim. For this jaw-dropping price to happen, oil would have to become $400 a barrel and when looking at current trends and projections, economists predict that petrol prices could reach R24 a litre in the near term.

Anything beyond that will be “pure speculation” as that is not what the data shows.

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National water infrastructer agency to be established

The National Water and Sanitation Minister Senzo Mchunu has revealed plans to establish a national water infrastructure agency since 40% of South Africa’s water is lost due to leaks, non-payment and other factors.

The agency will aim to refurbish and expand SA’s critical water infrastructure. And according to Mchunu, it would “cost a fortune” to source new water and still protect existing resources.

Furthermore, the agency will be built around the state-owned Trans-Caledon Tunnel Authority. From there it will hopefully attract new investment by packaging various water infrastructure projects.

Photo by Nathan Dumlao on Unsplash

Ramaphosa explains South Africa’s stance on Ukraine invasion

Last week South Africa was one of the 35 countries that abstained from voting in the United Nations resolution on the conflict between Russia and Ukraine. Following this, president Ramaphosa released a letter to the public explaining why South Africa withheld from voting and what his stance is on Russia’s invasion of Ukraine.

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President Ramaphosa’s main cause for concern with the UN resolution on Russia’s invasion is the lack of emphasis on the need for peaceful communication between the warring parties. Ramaphosa states, “the resolution did not foreground the call for meaningful engagement”. But instead, added it in “a single sentence close to the conclusion of the final text.”

Read the full article here.

What’s for dinner?

Probably the question everyone dreads on a daily basis is, what’s for dinner? Well, what about our daily selection of: Creamy Bacon, Cheese and Cabbage Bake

Creamy Bacon, Cheese and Cabbage Bake. Image credit: Hangry.Recipes

Are you last night’s Lotto winner of R300,000?

Did you miss last night’s Lotto numbers? See them here: Monday’s Daily Lotto Results for 7 March 2022

What does your Horoscope have in store for you today?

See your daily insight into the future by reading your horoscope along with other astrology that you don’t want to miss! Here are the Lucky Numbers, Astrology and Horoscopes for 8 March 2022.

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