Cost of transporting goods has risen 22% because of fuel hikes, inflation shock coming - Naude Rademan of Linebooker

Loading player...
The 47% surge in fuel prices translates into a direct increase of 22% in the cost of goods says Naude Rademan, CEO of Linebooker, SA's 'Uber for Truckers'. In this interview with Alec Hogg of BizNews he explains how consumers have been shielded from the inpact of this cost increase, but reckons that cannot last indefinitely, predicting a looking shock for already rising inflation. Learn more about your ad choices. Visit megaphone.fm/adchoices
28 Jul 2022 3AM English South Africa Investing · Business News

Other recent episodes

BNC#9 | Masie Q&A: Eskom's extra gigawatts are AI's gateway into SA economy

Stafford Masie says the AI industry is not actually running out of electricity, it is running out of places to plug in. The real bottleneck for OpenAI and Anthropic in the United States is grid connection points that can absorb the violent power swings inference computing demands, without blowing transformers…
10 Sep 11AM 39 min

Ian Cameron: Another SAPS cover-up exposed!

In this interview with Chris Steyn, Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, exposes a huge cover-up over many years of animal maltreatment at the SAPS Roodeplaat Veterinary facility. Speaking following the death of the arson-detection dog Sky, he said: “That hospital, if this is the way…
10 Sep 7AM 18 min