Eskom’s huge tariff increases compound SA household woes

A prepaid electricity meter. Eskom’s huge tariff increases, which have taken effect, have compounded the woes of South African households, which are already dealing with high fuel price increases. The power utility has implemented a National Energy Regulator of South Africa (NERSA)-approved average tariff increase of 8.76% for direct customers from today, for the 2026-2027…

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Reforms drive growth as Ramaphosa lifts investment target

President Cyril Ramaphosa speaking at the South African Investment Conference in Sandton, Johannesburg. President Cyril Ramaphosa says structural reforms in the electricity and logistics sectors have contributed to increased investment in South Africa. He says nearly R900 billion of the R2 trillion investment target has already been secured. Ramaphosa was speaking at the South African…

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SA motorists face record-breaking fuel price hike

A woman pours petrol at a station. Consumers are facing a record-breaking fuel price hike, which has forced households to severely tighten their budgets. Surging global oil prices due to tensions in the Middle East, a weaker rand, and increased local taxes have sparked the fuel price increase. The Department of Mineral and Petroleum Resources…

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Godongwana to revisit budget amid fuel levy relief measures

Fuel pump. Finance Minister Enoch Godongwana says he will re-examine the 2026/27 budget tabled earlier this year due to the temporary reduction in the general fuel levy. A joint statement by Godongwana and the Minister of Petroleum and Mineral Resources, Gwede Mantashe, stated that the levy would be reduced from R4,10 cents to R1,10-cents in…

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