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Flash Briefing: Fuel prices hit record-high; 2021 Local Elections update; SA pension funds banned from crypto investment

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News headlines:
*South African motorists will be hit with record-high fuel prices from Wednesday, with petrol prices increasing R1.21 and diesel prices shooting up R1.48.
*South African pension funds will be banned – in no uncertain terms – from investing in bitcoin or its sibling cryptocurrencies, under new draft rules.
*With over a third of votes counted, the ANC remains well below 50% of the national vote in the 2021 Local Elections, and of the major Metros, is only above this critical level in eThekwini. Learn more about your ad choices. Visit megaphone.fm/adchoices

2 Nov 2021 10AM English South Africa Investing · Business News

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