Oil prices jump 4% as fresh US-Iran fighting stokes supply fears – SABC News

Oil prices jumped about 4% to a one-week high on Tuesday as a resumption in fighting between the US and Iran renewed fears of supply disruptions from the Middle East.

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US urges G20 to cut trade imbalances, focus on China – SABC News

The Trump administration urged other G20 countries on Tuesday to do more to protect their domestic industries and job markets from Chinese imports, arguing such distortions were “sucking” much-needed growth

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‘Sharp increase in diesel driven by export restrictions from Russia’

The Director of Fuel Pricing at the Department of Mineral and Petroleum Resources, Robert Maake, says the sharp increase in diesel prices is being driven by the ongoing restrictions on

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G20 finance chiefs meet in US without South Africa

G20 finance ministers and central bank governors are meeting in Asheville, North Carolina, with United States (US) Treasury Secretary Scott Bessent. They are pushing for greater international cooperation on economic

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Eskom profits more than double to R30bn in 2025/26 – SABC News

Eskom has reported improved financial and operational performance for the 2025-26 financial year, as profit after tax more than doubled from a previous R14 billion to R30 billion. The power utility

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Fuel prices set to increase on Wednesday

The Department of Mineral and Petroleum Resources has announced that both grades of petrol will increase on Wednesday by R1.34 per litre. Diesel prices will also rise substantially by R3.14

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SARB launches R2 coins honouring Charlotte Maxeke and 1956 women – SABC News

The South African Reserve Bank (SARB) has officially launched two new two-rand coins to commemorate and celebrate the legacies of Charlotte Maxeke and the women who led and participated in

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ACSA says jet fuel supplies remain stable

The Airports Company South Africa (ACSA) has confirmed aviation jet fuel supply remains stable, with up to six days of stock at OR Tambo International Airport. The reassurance comes after

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Illovo disappointed by lower sugar protection price

One of the biggest South African sugar companies Illovo Sugar South Africa has expressed disappointment that the increase in the Dollar-Based Reference Price gazetted on Friday is only about half

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PPI falls to 5.7% due to lower fuel prices

Producer Price Inflation (PPI) has fallen sharply for a second straight month in July, reflecting lower fuel prices. Statistics South Africa’s Producer Price Index dropped to 5.7% year-on-year from 7.5%

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