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10 Results / Page 1 of 2

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SANTACO holds off on taxi fare hikes as fuel levy cuts offer temporary relief

Taxi commuters can breathe a sigh of relief for now after the South African National Taxi Council (SANTACO) confirmed that fares will remain unchanged following the government's latest fuel levy relief measures. The council on Thursday welcomed Finance Minister, Enoch Godongwana's, announcement of temporary fuel levy reductions aimed at easing pressure on households and businesses amid soaring fuel costs. SANTACO said it would maintain current fares while engaging government departments […]

todayOctober 22, 2026 99

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Expert warns SA’s growth forecast is too optimistic as Godongwana unveils fuel relief

Economist, Dawie Roodt, has warned that South Africa's economic growth forecast of 1.2% for 2026 is overly optimistic, arguing that the country's weak economy remains its biggest challenge despite signs of improving public finances. Reacting to Finance Minister, Enoch Godongwana's, Medium-Term Budget Policy Statement (MTBPS) on Wednesday, Roodt said growth was likely to fall below 1%, leaving the economy unable to generate enough jobs or sustain the cost of running […]

todayOctober 21, 2026 47

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Fuel levy relief in the spotlight as pressure mounts on Godongwana ahead of mini-budget

With some petrol grades climbing to over R30 a litre and household budgets under pressure, Finance Minister, Enoch Godongwana, is facing calls for a fuel levy relief when he tables the Medium-Term Budget Policy Statement (MTBPS) on Wednesday. The mid-term budget comes as rising fuel prices add to the financial strain on households and businesses, with calls growing for Treasury to consider relief for motorists while balancing its spending priorities. […]

todayOctober 20, 2026 49 2

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Calls mount for fuel levy cut as petrol breaches historic R30 mark

The Motor Industry Staff Association (MISA) is calling on government to urgently reinstate a temporary fuel levy reduction as petrol prices breach the historic R30 a litre mark. The call comes as both grades of petrol are set to rise by between R3.12 and  R3.33 per litre from midnight, while diesel will increase by between R2.84 and R3.24 per litre. In Gauteng and other inland areas, 95-octane petrol will rise […]

todayOctober 6, 2026 346

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Relief for motorists as fuel prices drop at midnight

Labour federation, COSATU, says the looming fuel price cuts will provide much-needed relief for millions of struggling South Africans, while also helping to support an economy still grappling with sluggish growth. Motorists are set to pay less at the pumps from tomorrow. The price of 93-octane petrol will decrease by R2.01 per litre, while 95-octane petrol will drop by R1.96 per litre. Diesel prices will fall by between R3.13 and […]

todayJune 30, 2026 96

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COSATU warns fuel price hikes will push South Africans to the brink

  South Africans will have to dig deeper into their pockets as fuel prices are set to increase from Wednesday, adding pressure on already stretched households. Both grades of petrol will increase by R3,27 per litre, while diesel will rise by R6.19 per litre. The department has attributed the increases partly to ongoing geopolitical tensions between the US and Iran, which have contributed to volatile global oil prices. The latest […]

todayMay 4, 2026 285

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Government cuts fuel levy by R3 per litre ahead of fuel hike

Government has cut the fuel levy by  R3 per litre as a temporary relief measure ahead of Wednesday's fuel price hike. Finance Minister, Enoch Godongwana, says this will reduce the general fuel levy for petrol from R4.10 per litre to R1.10, and for diesel from R3.93 per litre to R0.93, from tomorrow until 5 May. The ongoing conflict in the Middle East involving the US, Israel and Iran has pushed […]

todayMarch 31, 2026 139

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SA braces for tough times as fuel price hikes loom

Some South Africans say they are bracing for tough times as looming fuel price hikes threaten to squeeze already stretched household budgets. This comes as the country faces sharp increases in petrol and diesel prices, with potentially serious implications for the broader economy, including knock-on effect on food prices and transport costs. Data from the Central Energy Fund (CEF) points to petrol price increases of between R5.31 for 93 unleaded […]

todayMarch 30, 2026 577

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Economists welcome 3% inflation, warn of future increase

Economist, Dawie Roodt, says the latest inflation data is a positive sign for the economy, noting that price pressures are easing faster than many had anticipated. Stats SA on Monday announced that annual CPI slowed to 3% in February, down from 3.5% in January, with prices rising by just 0.4% month-on-month. #SAInflation || Inflation eases further in Feb 2026. South African annual consumer price inflation cooled to 3,0% in February […]

todayMarch 18, 2026 63