
Inflation drops to 3.0% as fuel and food prices ease pressure on consumers
South Africa's annual inflation eased to 3.0% in February 2026, driven by falling fuel and food prices that offered relief to household budgets.
Latest business & economy news from across South Africa.

South Africa's annual inflation eased to 3.0% in February 2026, driven by falling fuel and food prices that offered relief to household budgets.

National Treasury introduces a R100 billion incentive grant to restore reliable water, electricity and waste services in South Africa's eight largest metros.

President Ramaphosa has declared job creation government's foremost priority, outlining reforms and youth employment initiatives to tackle South Africa's unemployment crisis.

President Ramaphosa addresses the On the Record Summit in Cape Town, where experts seek practical solutions to create five million jobs over the next decade.

Deputy Minister Godlimpi has welcomed the new SEZ Advisory Board, highlighting R31.7 billion in cumulative investments across nine operational zones supporting nearly 29 000 jobs.

Eskom will implement electricity tariff increases of 8.76% for direct customers from April, with municipal users facing a 9.01% average hike from July.

Small Business Development Minister Stella Ndabeni has pledged government support for one million MSMEs, including red tape reduction and improved access to finance.

Nelson Mandela Bay has raised its ward councillor discretionary allowance from R100 000 to R150 000, lifting the metro's total annual allocation to R9 million.

Government urges South Africans to buy local as policy reforms and homegrown brand successes highlight the power of everyday spending to drive economic growth and job creation.

Minister Parks Tau says South Africa's pro-growth reforms are delivering results, with four consecutive quarters of growth and strong performance in mining and agriculture.

A major Cape Town summit running 19-20 March will bring together local and international experts to tackle South Africa's unemployment crisis and map out plans for five million new jobs.

Former bank manager Sonja Smith shares how a chance TV segment led her to build one of Gauteng's leading funeral service groups over two decades.