The South African economy was expected to have a rough ride this year and it has and there is no quick fix in sight.

People were advised to be extra careful this year when spending as they will start to feel the pinch from escalating food and petrol prices, lofty interest rates and the inflation which rose above nine percent in February, the highest in the last five years , which added to speculation the central bank may resume raising interest rates.
Despite the attempts of the Reserve Bank to lower inflation by raising interest rates four times in 2007 the inflation rate has kept rising . The Rand is one of the few currencies in the world which has done worse than the dollar, decreasing by 15 percent in comparative value this year. This and a possible hike on electrical rates of 60% promise to keep inflation aloft well above that 3 to 6% .
The Reserve Bank's credibility is at stake. The inflation numbers may be too dramatic for them to do nothing.
This is further confirmed by Governor Mboweni’s prediction that the drop in value of the Rand will hold inflation above the usual for a longer time than expected. In January, the central bank forecast the inflation rate will peak at an average of 8.5 percent in the first quarter and drop within the target by the end of the year. We seem to be still going in the wrong direction and that is only hurting credibility of the banking institution.
The inflation of the price of food is a different story, the main force which is propelling that is the international shift towards growing of crops for food to growing of the same crops for biofuel, especially in the US..
The effect of the increasing oil price on the price of gasoline has been a spike in prices. There has been a strong demand growth for oil from emerging markets such as China and India and this, in turn, has sent oil prices shooting up. .
So what can the individual man or woman in South Africa do in order to survive these turbulent financial times? This, of course, is a question with many small answers, not one big one. One would be foolish to expect the answer to fall from the sky or from the oil corporations or from the government. It is up to individual problem solving and grassroots movements of new technologies.
WATER4GAS is offering information for a nominal fee which consumers can use in their garage or wherever to create a small device which infuses hydrogen into the fuel/air mixture that their automobile runs on.
Using Water4Gas you can reasonably expect to lower your gas usage by 30-50% or significantly more. With WATER4GAS gasoline is made usable so you can lower your gas usage.
It also helps to lower emissions significantly.Happy members number about 99%! Isn’t it your turn now?