Why does a conflict thousands of kilometres away leave South Africans paying more at the petrol pump? As fuel prices rise, Gareth Edwards sits down with economist and JM Busha Investments Group CEO Joseph Busha to unpack the relationship between international oil prices, the rand, the US dollar and the cost of importing fuel. They examine how global disruptions translate into higher local prices, why inflation matters and how interest-rate decisions can add further pressure to household budgets.
But understanding the economy is only part of the challenge. What should South Africans do when everyday expenses are climbing and money is already stretched? From avoiding unnecessary credit and managing home loans to balancing debt repayments with saving and investing, Joseph explores the choices households face in an uncertain economic environment. The conversation offers a practical way to think about financial security when so much of what affects our money lies beyond our control.
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Chapter List
(00:00) Why South Africans Are Paying More For Fuel
(01:26) Oil Prices, Global Conflict And The Rand Explained
(03:38) The Fuel Price Double Whammy For Households
(05:33) Inflation, Interest Rates And The Weak Rand
(09:33) Should You Save, Invest Or Pay Down Debt?
(14:28) Property, Retirement And Reserve Bank Decisions
(18:07) The Biggest Money Mistake To Avoid
(23:17) Debt Versus Investing: Finding The Balance
(25:02) What Comes Next For Fuel Prices And Your Finances? —
