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Fuel prices climb, food relief shelved: 2025 Budget Speech 3.0 summary

South African motorists will face an increased fuel levy from early June, while plans to expand the basket of VAT zero-rated food items have...

Ramaphosa’s Washington gamble: How the Trump meeting pitch sent the Rand soaring

The South African rand surged to its strongest level in five months this week, breaching R17.90/$, as President Cyril Ramaphosa’s high-stakes diplomatic gambit with...

Confirmed sharp drop in May petrol & diesel prices in South Africa

Following an earlier price drop prediction report, South Africans are set to enjoy a notable relief at the pumps this month. The Department...

South Africa VAT Hike Reversed: Winners and Losers

Treasury backtracks on VAT increase amid political pressure Just one week before the planned 0.5 percentage point hike to Value-Added Tax (VAT) was set to...

High Court to decide: Will South Africans pay more VAT next week?

High Court to rule on DA, EFF bid to block VAT hike as Treasury scrambles for solution The Western Cape High Court will on Tuesday,...

South Africa braces for another petrol price cut in May

Motorists across South Africa can expect some relief at the pumps in May, as current data suggests another round of fuel price cuts, extending...

Standard Bank issues urgent warning on rising card fraud & WhatsApp scams

Standard Bank has issued a critical alert to customers about the escalating threat of Card-Not-Present (CNP) fraud, driven by the surge in digital transactions. The...

Fuel prices April 2025: Official cuts for petrol & diesel announced

After much anticipation and widespread predictions about the upcoming fuel prices, South African motorists can finally breathe a sigh of relief. The Department of...

April petrol price cut brings relief to South African motorists ahead of Easter

Petrol prices to drop by up to 88 cents per litre, diesel by nearly R1 ahead of Easter holidays. Brent Crude oil falls below $70/barrel,...

No relief for South Africans: Interest rates frozen as global, domestic risks mount

JOHANNESBURG, 20 March 2025 — South African consumers and businesses hoping for a reprieve from high borrowing costs were left disappointed on Thursday. This as...
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