Category: BUSINESS
Parly committee adopts Bill aimed at easing fuel prices
The Standing Committee on Appropriations has adopted the Second Special Appropriations Bill, which aims to bring relief and stability for fuel prices. The Bill will allow National Treasury to withdraw
Read MoreFuel costs squeezing taxi operators: SANTACO – SABC News
SANTACO says it has not ruled out a taxi fare increase as operators face record fuel price hikes, with petrol now above R30 and diesel over R33 a litre. The
Read MoreGovt to lead efforts to tackle municipal debt owed to Eskom
The government says it will take the lead in tackling billions of rands in the municipal debt owed to Eskom, as the power utility grapples with unpaid electricity bills from
Read MoreEskom’s financial turnaround a step in the right direction
Eskom says its financial turnaround has created a solid foundation for broader economic reform and growth for the country, as the power utility adapts to a changing electricity market. Eskom
Read MoreDirect marketers asked to register their businesses on Opt-Out system – SABC News
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Read MorePower supply now exceeds demand: Ramokgopa
Electricity and Energy Minister Kgosientsho Ramokgopa says electricity supply is now outstripping demand. Ramokgopa’s intervention that increased generation from both private producers and Eskom, has changed the supply and demand
Read MorePIC Board fully constituted after delays: Godongwana
Finance Minister Enoch Godongwana says the Public Investment Corporation (PIC) has the full complement of board members as required. The PIC board appeared before the Standing Committee on Finance for
Read MoreDestroyed refineries will keep fuel prices high long after war: SARB – SABC News
The South African Reserve Bank’s Monetary Policy Review has noted that the destruction of oil refineries amid the ongoing geopolitical tensions will keep fuel prices elevated long after peace is
Read MorePetrol crosses R30 mark: Desperate calls for immediate govt relief
Motorists have appealed to the government to intervene and cushion them against high fuel prices. From midnight, the petrol price has breached the R30-per-litre mark for the first time. Diesel
Read MorePAC labels latest fuel price increase a ‘death sentence’ for the poor – SABC News
The PAC has condemned the latest fuel price increase, saying it will deepen the cost-of-living crisis facing workers, the unemployed and poor households. The party says rising fuel costs will
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