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Drop in CPI welcomed

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… SA, October's CPI decline was primarily driven by falling fuel prices. Petrol and diesel prices decreased by 5.3% between September and October, resulting in an annual fuel inflation rate of -19.1%.  “Notably, the inland price of … to work on interventions to reduce costs not only in fuel but also in other critical areas to ease the financial …

Top climate activist warns of catastrophic outcomes if world doesn't transition to clean energy

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… energy solutions. Naidoo, the President of the Fossil Fuel Non-Proliferation Treaty Initiative, emphasised the … South Africa is the 14th largest emitter due to its fossil fuel reserves.  Naidoo argued that this transition could … of young people and retooling workers in the fossil fuel industry to transition to clean energy jobs. Naidoo said …

Youth could be Africa’s most valuable resource, says Minister

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… stood on the cusp of a youth-driven growth wave that could fuel its economies and contribute to global prosperity.  The …

BMA to meet with Mozambican leadership on border post closure

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… able to repatriate around six petroleum trucks that carry fuel and all of those. We had to take them out of… the …

Eskom, French development agency sign R125 million grant agreement

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… its energy mix and reduce its emissions related to fossil fuel generation”.  “Over the next three years we have an …

Diesel, petrol price to increase in November

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… Prices of all grades of fuel as well as that of petrol and gas are expected to rise … review. This led to higher contributions to the Basic Fuel Prices of petrol by 33.56 cents a litre and 21.55 cents … under review. This led to lower contributions to the Basic Fuel Prices of all products by over 8.00 cents per litre,” …

Let's ensure a safer festive season

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… volumes of alcoholic beverages, drugs, dangerous weapons, fuel, copper and cash that is believed to be the proceeds of …

SARS welcomes MTBPS, increases its compliance focus

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… collections from Customs taxes, PAYE, and the General Fuel Levy.  The areas that were adjusted downward are:  … up by 2.7% or R3.9 billion from the previous year.  The fuel levy has faced challenges this financial year due to a year-on-year decrease in fuel consumption, with 1.333 million litres less fuel used. …

Revenue from tax collection to be lower than expected

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… fall short of 2024 Budget estimates. Under-collections in fuel levy receipts relative to 2024 Budget estimates flow …

The SIU welcomes the arrest of former Transnet CEO

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… Multi-Product Pipeline project, which transports various fuel products from Durban to Gauteng. Msagala improperly …

Eskom’s system showing better health 

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… further suggest that we should not rely on expensive fuel sources to keep the lights on. “This is not an … and competitive, to reduce reliance on expensive fuel sources. “The focal point of the ministry is to ensure …

Move towards electronic vehicles a 'major industrialisation opportunity'

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… and the development of value chains in the green hydrogen fuel cell market. “We are working to finalise comprehensive …

SARS grants special permission for importation of jet fuel

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… has granted special permission for the importation of jet fuel, known as kerosene, after the industry raised concerns about the threat of fuel shortage. The Fuels Industry Association of South Africa … Service (SARS) about an engagement with industry to avert fuel shortages at all airports, the revenue service announced …

SARS to engage fuel industry on shortage of jet fuel

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… Revenue Service (SARS) says it will engage with the fuel industry to avert the shortage of jet fuel, known as kerosene. This comes after a warning by the … what is purportedly SARS’ “dithering to issue licences to fuel companies”. “This is an incorrect position. The …

Improved sentiment is rooted in real economic progress - President

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… the cost of imports like oil, which in turn reduces fuel prices and the overall cost of living for South …

SA Petroleum Company Bill to be submitted to Parliament

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… African Gas Development Company (iGas) and the Strategic Fuel Fund Association.  “Local refining capacity in South …

Government discussing reduction in administered prices, including petrol

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… Tuesday in Cape Town. Mantashe explained that the price of fuel directly influences the cost of living for South Africans. “If the fuel price goes up, the cost of living goes up, which is not … on reducing administered prices, including the price of fuel and electricity. Included in the discussions of fuel …

Petrol, diesel prices to decrease from Wednesday

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… with the only price rise coming in the cost of LP Gas. The fuel price adjustments were announced by the Department of … Petroleum Resources on Monday. The price adjustments for fuel, paraffin and gas are as follows: Petrol 93 (ULP & LRP): … under review. This led to lower contributions to the Basic Fuel Prices of petrol by 91.74 c/l and 85.04 c/l, diesel by …

TNPA invites service providers for Liquefied Natural Gas at Ngqura

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… Operator Agreement (TOA) between TNPA and the Strategic Fuel Fund (SFF) to build and operate an onshore LNG …

Government welcomes repo rate cut

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… 2% relative to our July assumption.  “This contributes to fuel price deflation, which helps keep headline inflation …