#FiveThingsYouNeedToKnow: KZN Pedros employee bags a bursary

#FiveThingsYouNeedToKnow: KZN Pedros employee bags a bursary

The interest rate was hiked by 25 basis points, petrol and diesel prices are set to go up in the first week of February, and much more...

A Pedros employee who bagged seven distinctions in his matric exam has been awarded a R10 000 bursary from them.
Pedros in Verulam on the KZN North Coast took to social media to celebrate Siyabonga Magwaza’s outstanding feat. Image: Facebook

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Good Mauling and Happy FriYAY!

Here are five things you need to know as you wake up this Friday morning...

Read more: #FiveThingsYouNeedToKnow: KZN family shocked as dogs bring home human skull

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1. 

The interest rate was hiked by 25 basis points on Thursday as the Reserve Bank slashed its expectations for growth this year. That means your debt is now more expensive. Although it is used to curb inflation. 

Read more: SARB pushes repo rate up by 25 basis points

Rate hike smaller than expected as Kganyago warns about load shedding hit.
Interest rates were hiked by 25 basis points on Thursday, as the Reserve Bank slashed its expectations for growth this year. Image: SARB/Twitter

2. 

US-born Maria Branyas Morera, 116, has been named the world’s oldest living person by Guinness World Records, following the death of French nun Sister André earlier this month aged 118.

Read more: Bontle Modiselle dances her way into the Guinness Book of Records

US-born Spanish woman is now the world's oldest person.
US-born Maria Branyas Morera has been named the world's oldest person by Guinness World Records (GWR), following the death of French nun Sister André earlier this month aged 118. Image: Guinness World Records

3. 

The Australian Open had to remind players and their entourages about the strict policy regarding flags and symbols after a video emerged of Novak Djokovic’s father, Srdjan, pictured with fans holding Russian flags, voicing his support for Russia.

Read more: Djokovic crushes Rublev to reach Australian Open semi-finals

4. 

Pedros in Verulam on the KZN North Coast took to social media to celebrate their employee Siyabonga Magwaza’s outstanding 7 distinctions in Matric. They also gave him a R10k bursary!

SEE: Matriculants whose parents rewarded them with cars for their distinctions

5. 

Early estimates indicate that petrol and diesel prices are set to be hiked in the first week of February.

Read more: Good news for motorists as there is an expected February petrol price drop

Mid-month data from the Central Energy Fund (CEF) points to a smaller drop in prices for petrol and diesel in February 2023 due to rising international petroleum costs.
Mid-month data from the Central Energy Fund (CEF) points to a smaller drop in prices for petrol and diesel in February 2023 due to rising international petroleum costs. Image: Unsplash/ Dawn McDonald

Make sure to catch Five Things You Need To Know As You Wake Up, Monday to Friday at 06:20.

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Main image attribution: Pedros/ Facebook

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