
Fuel levy cuts within reach but government drags its feet
Fuel prices set to spike by over R9/litre for diesel and R5/litre for petrol, with critics arguing government has the funds to cut levies but lacks the political will to act.
Latest business & economy news from across South Africa.

Fuel prices set to spike by over R9/litre for diesel and R5/litre for petrol, with critics arguing government has the funds to cut levies but lacks the political will to act.

Deputy President Mashatile calls for stronger SA-China economic ties, highlighting growing bilateral trade and investment opportunities in energy, manufacturing and mineral beneficiation.

Free State Premier MaQueen Letsoha-Mathae has declared unemployment the province's most urgent crisis, unveiling plans to pivot towards AI, green energy and other future sectors.

President Ramaphosa has called on the Free State to leverage its central location and natural assets to become SA's logistics hub, while flagging a deepening municipal crisis.

Rising living costs and higher interest rates are pushing more South Africans into debt, but professional counselling services offer a structured path back to financial stability.

The Eastern Cape has allocated over R600 million to boost agricultural productivity and food security, expanding support to 35 000 households.

The Reserve Bank has kept the repo rate at 6.75% as Middle East conflict fuels global uncertainty, with Governor Kganyago warning of upside inflation risks.

President Ramaphosa says South Africa is turning an economic corner, citing four quarters of GDP growth, stabilising debt, and renewed global investor confidence.

Durban's Ocean Innovation Africa Summit draws 500 delegates to drive investment, partnerships and innovation in the continent's blue economy.

The National Treasury has launched the third phase of the SA-TIED programme, reinforcing South Africa's drive to ground economic policy in rigorous evidence.

Deputy Finance Minister Dr David Masondo says structural reforms and Eskom's R420bn debt resolution are paying off, as SA launches Phase III of the SA-TIED research programme.

Police and community members are searching for Kristan Free Mahlophe, 85, who went missing near Rosendal on 21 January 2025 while checking on livestock.