Bizskoops - 07 May 2026

On this week’s Bizskoops: South Africa could see around one-thousand-540 business insolvencies this year, while rising fuel costs are prompting consumers to cut back on travel. We speak to Chris Hattingh of the Centre for Risk Analysis on whether the South African Reserve Bank may follow the lead of the Federal Reserve and the Bank of England in holding interest rates steady. He also explains why the United Arab Emirates has exited OPEC and OPEC+. Professor Waldo Krugell weighs in on oil and fuel prices. Meanwhile, shares in Pick n Pay fell by around three percent, and we speak to Pieter Wasserfall from JustMoney about the resilience of South Africans during disruptions such as load shedding and floods.