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Committee of Ministers to look at impact of rising cost of living

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… impact that the conflict in Ukraine will have on food and fuel prices. The President said this when he responded to … is going to have on us as South Africans when it comes to fuel, when it comes to food prices and all this is being … announced that no increases will be made to the general fuel levy on petrol and diesel for 2022/23 to provide for …

President unpacks SA's stance on Ukraine conflict

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… “that will come about through food price increases and fuel price increases”. “As a small and open economy with …

Ukraine conflict fuels petrol, food price increases

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… conflict in Ukraine is having a severe impact on fuel prices which, in turn, is driving up food prices. … is found,” he said. The Deputy Minister said higher fuel and grain prices erode the disposable income of consumers. He said this as local fuel prices recently went up to more than R21 per litre for …

Agriculture essential to economic recovery

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… costs. “High input costs, especially of fertilisers and fuel, are a great cause of concern. There is a risk that …

Cabinet approves major infrastructure plan for implementation

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… the profile of domestic gas as an environmentally friendly fuel,” Cabinet said. Mining exploration strategy   Cabinet …

Ukraine-Russia conflict pounding ailing African economies

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… rising price of crude that translates in severely high fuel prices for our individual countries. The relief on fuel taxes, announced by our government in last week’s …

SA braces for steep fuel price hike

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… are expected to increase at the beginning of March. The fuel prices for March are expected to increase as follows: … to the steep increases. “The main reasons for the fuel price adjustments are due to the average Brent Crude oil … SA braces for steep fuel price hike …

Tax relief for households as Godongwana tables maiden budget

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… higher obligations, the effects of COVID-19 and increased fuel prices. “Now is not the time to increase taxes and put … help support economic recovery, provide some respite from fuel tax increases, and boost incentives for youth … to households, no increases will be made to the general fuel levy on petrol and diesel for 2022/23. This will provide …

Inflation projected to reach 4.8% in 2022

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… prices, high domestic food inflation and elevated fuel prices, which are expected to be the key sources of inflationary pressure in 2022. “Fuel prices were up 40.4% in the year to December 2021 owing to higher global crude oil prices. “Fuel prices are expected to ease during 2022, but [they] …

Carbon tax rate to increase to R144

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… 1 January 2022. “As required by legislation, the carbon fuel levy will increase by 1c to 9c per litre for petrol, and …

Godongwana expected to deliver good news in maiden Budget Speech

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… beverages and tobacco, and a marginal increase in fuel levies (bearing in mind the current high price of fuel).  “In our view, the expected revenue overrun should …

Hydrogen Social Roadmap to stimulate economic recovery

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… in 2007 when Cabinet approved the national Hydrogen and Fuel Cells Research, Development and Innovation Strategy … Africa, hydrogen is extensively used in the chemical and fuel-refining sectors, but it is currently produced mainly … and natural gas. What is concerning is that hydrogen and fuel cell technologies (HFCT) are currently used in very few …

Government launches online traffic service

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… directly on the NaTIS, eliminating middlemen who fuel corruption,” the Minister said. The additional …

Department to finalise power purchase agreements from next month

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… intervals.  “The IRP 2019 provides for gas as a transition fuel to support large penetration of renewable energy into …

Fuel price hike

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… of all grades of petrol and diesel are expected to rise. Fuel prices are expected to increase as follows: Petrol (both … international factors contributed to the higher prices of fuel including an increase in the cost of Brent Crude Oil and … Fuel price hike …

Repo rate rises to 4%

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… said: “Some risks to the inflation outlook, like food and fuel, have been realised, and other risks, such as currency …

Port investments to contribute towards SA economy

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… South Africa on a sustainable growth path. “The Strategic Fuel Fund will construct an onshore Liquid Natural Gas (LNG) …

SANDF probes cause of fire at Base Waterkloof Air Force

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… released to the media, the blaze started at the bulk fuel depot around 19:00 and was contained within an hour by … of the damage and the cost of the damage to the Bulk Fuel Depot will form part of an investigation that will …

SA condemns deadly attack directed on United Arab Emirates

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… to reports, three people were killed when the strikes hit fuel trucks near the Abu Dhabi International Airport, while …

Germany, South Africa collaborate on green hydrogen

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… H2Global initiative to produce sustainable aviation fuel to the international community. He explained that the … its H2Global initiative has created a sustainable aviation fuel market trading platform which is intended to provide … has the potential to become a global sustainable aviation fuel (SAF) hub due to our renewable endowment and …