Economy

PETROL PRICES DROP AS DIESEL RISES

Written by on 3 August 2026

Fuel prices will change from Wednesday, with petrol becoming cheaper while diesel becomes more expensive. The price of both 93 and 95 octane petrol will decrease by 52 cents per litre, while diesel will increase by between R1.23 and R1.38 per litre. The Department of Mineral and Petroleum Resources says the changes are due to […]

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SMALL PETROL PRICE CUT EXPECTED IN AUGUST

Written by on 17 July 2026

JOHANNESBURG – Fuel price data for the middle of July suggests motorists could see only a small petrol price cut in August, while diesel users may face a price increase. According to the Central Energy Fund, petrol is currently showing an over-recovery of just over R1 per litre, but diesel has moved into slight under-recovery. […]

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RAMAPHOSA OPENS SARB MUSEUM

Written by on 19 June 2026

PRETORIA – President Cyril Ramaphosa attended the launch of the South African Reserve Bank Museum at the Head Office Campus in Pretoria. The museum is part of the South African Reserve Bank’s effort to strengthen transparency and accountability by opening up its work to the public, with the aim of improving understanding of the central […]

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GOVERNMENT CALLS FOR ECONOMIC TRANSFORMATION IN BOJANALA

Written by on 4 June 2026

RUSTENBURG – Deputy Minister in the Presidency, Kenny Morolong, has called for urgent economic transformation in the Bojanala District to stimulate growth and tackle unemployment. Speaking at the Bojanala Economic Development Symposium in Rustenburg, he warned that South Africa’s projected economic growth of one to two percent is too low to address the country’s unemployment […]

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MOTORISTS BRACE FOR NEW FUEL PRICE CHANGES

Written by on 1 June 2026

The Minister of Mineral and Petroleum Resources has announced adjustments to South Africa’s fuel prices, effective from 3 June 2026. The department said fuel prices are reviewed monthly and are influenced by both international and local market factors, including crude oil prices, shipping costs, and exchange rate movements. The latest review found that while Brent […]

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MILLIONS OF SOUTH AFRICANS STILL RELY ON SOCIAL GRANTS

Written by on 27 May 2026

JOHANNESBURG – The 2025 General Household Survey by Statistics South Africa shows that South Africa has made progress in improving living conditions, with more than 90 percent of households now having access to electricity. The report also noted improvements in formal housing and access to water plumbing services. Despite these gains, millions of South Africans […]

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MPUMALANGA JOBLESS RATE RISES

Written by on 16 May 2026

Mpumalanga’s unemployment rate has increased sharply to 36.3% in the first quarter of the year, up from 32.3% in the previous quarter. More than 53,000 jobs were lost in the province between January and March, worsening the economic situation for many households. The expanded unemployment rate, which includes discouraged job seekers, now stands at 49.6%. […]

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BOXER WARNS OF PRICE PRESSURE

Written by on 12 May 2026

Discount retailer Boxer says rising geopolitical tensions, particularly the war in the Middle East, could put pressure on future food prices, making increases difficult to avoid. Despite this outlook, the company was the best-performing stock on Monday after reporting strong financial results for the year ended March. Boxer plans to expand by opening more stores, […]

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GAUTENG TREASURY TO HOST BUSINESS DEVELOPMENT WORKSHOPS

Written by on 11 May 2026

The Gauteng Provincial Treasury, together with the Gauteng Department of Economic Development and the City of Johannesburg, will host an Enterprise and Supplier Development Program in Diepsloot over the next two weeks. The workshops aim to help local businesses better understand procurement processes, compliance requirements and business development opportunities in both the public and private […]

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