Economy
latest news & developments
Fuel relief buys time but growth runs on empty
While economists welcome South Africa's temporary R10 billion fuel levy cut, trade unions and analysts warn that fiscal austerity fails to tackle sluggish growth and high…
Oil crisis global short
As global oil and diesel shortages persist through 2027, South Africa faces severe economic vulnerability due to depleted fuel reserves, decommissioned refineries, and an…
Let’s make the circle bigger: A just transition for all of South Africa
South Africa's just transition cannot focus solely on coal-dependent communities in Mpumalanga. Decarbonisation, economic resilience, and green industrialisation must span all…
Budget 2026: Godongwana announces R10bn in temporary fuel relief
Finance Minister Enoch Godongwana has introduced R10 billion in temporary fuel levy relief to ease household pressure, even as National Treasury lowers growth forecasts and warns…
Sactwu calls for ban on Temu and Shein in South Africa
Trade unions Sactwu and Cosatu are calling on the South African government to ban offshore e-commerce giants Shein and Temu to protect thousands of local retail and textile…
Limpopo Investment Conference surpasses the R120 billion target for 2026, reaching an over R138 billion mark
The sixth Limpopo Investment Conference surpassed its 2026 target by securing over R138 billion in pledges, as Deputy President Paul Mashatile urged leaders to ensure these…
Designing the Bridge to Earning
Permanent private-sector jobs remain scarce, but public employment programmes are proving vital in bridging the gap for young South Africans seeking sustainable pathways to…
Cosatu numbers do not add up
Cosatu delegates have revealed that affiliates owe the federation more than R52 million in unpaid fees and levies, even as new leadership takes the helm at its delayed national…
Malawi’s gold plan faces a credibility test
Malawi's ambitious plan to curb gold smuggling through state-backed buying centres faces severe hurdles, including unverified loss estimates, overlapping institutional mandates,…
A recuperating Deputy President Mashatile to take centre stage at Limpopo investment indaba
Deputy President Paul Mashatile is set to deliver the keynote address at the sixth Limpopo Investment Conference and launch the InvestSA One Stop Shop in Polokwane, marking his…
Brace for yet another electricity hike
Parliament’s standing committee on appropriations has raised serious concerns over Eskom's proposed electricity tariff hikes of more than 8%, warning they could worsen the…
Pump pain hits workers hard
South African trade unions warn that the latest fuel price hike will drive up food and transport costs, intensifying calls to review fuel taxes and adjust wages to match the…
R23.4 billion allocated to black industrialists
The Industrial Development Corporation has committed R23.4 billion towards the black industrialists programme for 2025, benefiting 48 entrepreneurs across key manufacturing…
The best cars to beat R30/l petrol
With inland 95 petrol breaching R30 per litre, choosing the right vehicle is essential. Here is a comprehensive guide to the most fuel-efficient cars across eight primary vehicle…
Petrol price to hit record R30.25 a litre in Gauteng from Wednesday
South African motorists face unprecedented fuel costs as 95 unleaded petrol climbs past R30 a litre in Gauteng following major increases announced by the Central Energy Fund.