Eskom Eskom reported on Friday that the power grid remains stable despite increased evening demand driven by a drop in temperatures last week. The power utility has kept unplanned outages below threshold, spending R469.24 million on diesel since 1 April 2026. “Diesel expenditure is at R469.24 million, significantly lower than the R2.436 billion incurred in the…
A petrol station attendant prepares to refuel a car. The minibus taxi industry says taxi fare hikes are unavoidable, especially with the current high fuel prices. While some taxi associations across the country have already increased their fares, others are also expected follow suit this month. FUEL PRICE HIKE | SANTACO spokesperson Rebecca Phala says…
Eleven suspects, aged between 27 and 46, have been arrested at a fuel plant in Meyerton in the Vaal in an operation by the Hawks and organised crime units for theft of fuel. According to a SAPS statement, the Hawks’ Tactical Operations Management Section members received intelligence about a robbery that was to occur in…
Steelpoort River Bridge. Mineral and Petroleum Resources Minister Gwede Mantashe says mining companies must honour their responsibility to contribute to the development of communities in which they operate. He has also highlighted the importance of infrastructure investment and creation of economic opportunities for local communities. Mantashe was speaking during the official opening of the newly…
City of Joburg Council Chambers. Deputy Finance Minister Ashor Sarupen says national government is still working very closely with the City of Johannesburg, despite the leaking of a letter revealing the metro’s worsening financial situation. In a strongly worded letter this week from Finance Minister Enoch Godongwana, it emerged that creditors are owed R25 billion, while the municipality…
Oil barrels illustration A series of well-timed market bets on falling oil prices totalling as much as $7 billion during March and April spread across multiple exchanges and types of fuel and derivatives just before major Iranian policy announcements by US President Donald Trump, according to traders, market experts and Reuters analysis of exchange data….
FILE| An Eskom logo is seen at the entrance of their head offices in Sunninghill, Sandton. African Bank will no longer proceed with the acquisition of Eskom’s staff home loan portfolio and related assets. The bank’s board of directors has announced that the decision will allow the institution to focus on extracting more value from…
Fuel pumps at a fuel station. The South African National Taxi Council (Santaco) says it is worried that the latest fuel price increases will chase commuters away from using their services. Santaco has increased transport fares for local and long-distance travel from the beginning of this month. This was informed by the April fuel price hike….
Time to fill up before end of October. Motorists in Gauteng say they are frustrated and concerned as fuel prices are set to increase from tomorrow. The price hike follows an announcement by Mineral Resources and Energy Minister Gwede Mantashe, who cited global oil supply disruptions linked to tensions between the United States and Iran,…
The case challenging the Broad-Based Black Economic Empowerment (B-BBEE) legal sector code is being heard in the High Court in Pretoria. Live Stream below:
