Fuel prices in South Africa will rise sharply from 1 April due to global oil market disruptions and a weaker rand, with a temporary tax cut providing limited relief.

The South African Revenue Service has collected over R3.6 billion in tax from two-pot withdrawals made by Alexforbes clients since September 2024.

South Africa will reduce a tax imposed on fuel to offset the impact of surging oil prices on domestic petrol and diesel, Finance Minister Enoch Godongwana said.

Investec chief economist Annabel Bishop said South Africa could see an interest rate hike as soon as May or July this year.

Over 85 000 tickets were made available for this Soweto Derby match between Orlando Pirates and Kaizer Chiefs on 26 April.

The government has little room to soften April’s fuel price shock, as reducing levies would undermine efforts to stabilise South Africa’s debt.

Tourists from the United States, United Kingdom and Germany clearly prefer the sunny reality of South Africa over exaggerated fears.

India-based Varun Beverages has completed its acquisition of South African soft-drink maker Twizza through The Beverage Company.

Cape Town wants to break into a global outsourcing industry dominated by India, but it will require overcoming a vast gap in scale and cost competitiveness.

The national power utility is heading for a second year of profits but experts say tariff hikes and state bailouts remain central to its financial recovery

Gauteng’s rapid rail system could soon reach more communities, bringing faster, more connected travel across the province.

Remgro is moving ahead with its R16.3 billion deal to acquire full ownership of Mediclinic’s Southern African operations.

Construction of the retail phase of Cape Town’s Golden Acre redevelopment has begun, advancing plans to transform the commuter hub into a safer, modern mixed-use precinct.

Analysts say that uncertainty regarding private property rights and burdensome BEE regulations are discouraging investors from turning large investment pledges into real economic activity.

While global tensions play out in real time, their lasting effect will not be measured only in territory or political outcomes. It will be measured in how economies are reshaped, how systems evolve and how people are positioned within this reality

Some analyses suggest South Africa’s human rights framework is “normatively robust but substantively fragile”, marked by a growing gap between constitutional ideals and social realities