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US Iran tensions

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Government corrects diesel price error ahead of fuel hike

The Department of Mineral and Petroleum Resources (DMPR) has corrected its latest fuel price announcement after discovering a calculation error that overstated the diesel price increase set to take effect on Wednesday. In a statement, the department confirmed that an internal mistake during the May 2026 fuel price calculations let to the the diesel levy relief being incorrectly captured. What should have been recorded as a 93.00 cents per litre […]

todayMay 5, 2026 84

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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 148

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Ramaphosa warns of global economic impact as Middle East conflict deepens

President Cyril Ramaphosa has reiterated his call for an immediate ceasefire in the Middle East, as escalating tensions between the United States, Israel and Iran continue to disrupt global oil markets and fuel economic uncertainty. "It should lead to a negotiated settlement, and we are hopeful that there will be a negotiated settlement that will bring this nightmare to an end, and we want it sooner rather than later. In […]

todayApril 7, 2026 101 1