News
Fuel levy adds R300 to every South African fill-up
7+ hour, 15+ min ago (232+ words) This is according to National Debt Advisors CEO Sebastien Alexanderson, who told Business Tech that the cost of filling up now reflects levies, taxes and state debt, not only oil prices. Alexanderson said the global headlines tell only part of…...
Feeling the petrol pinch? Here's how to stretch your budget
1+ mon, 2+ week ago (443+ words) While the National Budget comes into effect on 1 April, for many South Africans the immediate concern is the sharp increase in fuel prices. Fuel price increases implemented in March have already added pressure, with further hikes expected. Data from the'Central…...
SARB keeps policy rate at 6. 75 percent amid global risks
1+ mon, 2+ week ago (183+ words) The Monetary Policy Committee (MPC) noted that headline inflation in South Africa was 3. 0 percent in February, exactly on target. " SA Reserve Bank (@SAReserve Bank) March 26, 2026 Governor Lesetja Kganyago said the committee reached a unanimous decision to maintain the current rate....
The rand hit a 4 year high and USDZAR is falling fast so here is how forex trading app users in SA can ride this move
1+ mon, 4+ week ago (1029+ words) The rand has been flirting with multi-year highs at points in early 2026, and the speed of the move has caught a lot of retail traders off guard. If you use any forex trading app in South Africa, the real edge…...
South Africa economy grows 1. 1% in 2025, below forecasts
2+ mon, 23+ hour ago (321+ words) South Africa's Gross Domestic Product (GDP) grew an astonishing 1. 1% in 2025. This follows the growth of 0, 8% and 0, 5% in 2023 and 2024, respectively. " David (Talking Cents) (@talkcentss) March 10, 2026 The national statistics agency published the figures at a media briefing that put the fourth quarter…...
Middle East conflict threaten SA's fuel price, inflation & interest rate outlook
2+ mon, 5+ day ago (713+ words) Global markets have reacted sharply as geopolitical tensions involving Iran, Israel and the United States intensified, sending oil prices climbing and injecting uncertainty into inflation forecasts. As reported by'Business Tech, traders in South Africa's interest-rate market have already started adjusting…...
SASSA ramps up social grant reviews to ensure compliance and tackle fraud
3+ mon, 5+ day ago (485+ words) This initiative aims to ensure that social assistance funds are allocated solely to eligible beneficiaries while curbing fraudulent activities within the system. In a recent briefing held at Parliament, SASSA CEO Themba Matlou reported that approximately 240, 000 grants have been reviewed,…...
Reserve Bank maintains lending rate at 6. 75% as inflation pressures loom
3+ mon, 1+ week ago (502+ words) This decision follows a prior reduction from 8. 25% at the beginning of 2024, showing an intention to maintain stability amidst a complex global economic landscape. Reserve Bank Governor Lesetja Kganyago remarked that 2025 was a year fraught with global uncertainty, a trend that…...
SRD grant increase is 'simply unaffordable' says Treasury
3+ mon, 2+ week ago (581+ words) Words: Marecia Damons / Ground Up The Department of Social Development (DSD), South African Social Security Agency (SASSA) and National Treasury have appealed a high court ruling that declared several regulations governing the R370-a-month Social Relief of Distress (SRD) grant unconstitutional....
South Africa records lowest annual inflation in 21 years
3+ mon, 3+ week ago (376+ words) Data shows consumer price inflation increased to 3, 6% in December, up marginally from 3, 5% in November, with prices rising by 0, 2% month-on-month. Despite the uptick, the average inflation rate for the 2025 calendar year settled at 3, 2%, marking the lowest annual average in 21 years and…...