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Godongwana attends World Bank, IMF meetings
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… markets and inflationary pressures, resulting in sharp fuel and food price increases, at a time when these economies …Cabinet declares National State of Disaster
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… infrastructure. The flooding has disrupted fuel and food supplies,” the President said. The Minister of …South Africa on the cusp of green hydrogen boom
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… opportunity” to take the global lead in hydrogen and fuel cell production. This is according to Mineral Resources … a global leader in the production of hydrogen, as well as fuel cells. This is primarily because South Africa holds …Motorists to dig deeper
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… exporters of oil. “OPEC and Non-OPEC members limiting fuel supply even though demand has been increasing globally …Reduced fuel levy to cushion consumers
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… Enoch Godongwana has tabled a proposal that will see the fuel levy being reduced by R1.50 cents per litre. Making a … Assembly on Thursday, Godongwana said the temporary fuel levy cut will come into effect on Wednesday next week, … end of May. This will help cushion the blow that rising fuel prices are having on consumers after Mineral Resources …Committee makes recommendations to mitigate rising fuel prices
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… be found and implemented to mitigate the impact of rising fuel prices in the country. Luzipo was addressing the … during the tabling of the first draft of the report on fuel price increases. The report shows an “exponential … per litre in 2019. “At that time we were dealing with fuel hikes within the context of…a rise in commodity prices. …Climate change and fires
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… of resources to education in fire prone communities, fuel load reduction through controlled burning and …Praise for innovative SA tech start-ups
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… supported with commitments that can provide the capital to fuel these businesses and translate the ideas into jobs and …Investments good for job creation and economic growth – President Ramaphosa
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… automotive, component manufacturing, consumer goods, bulk fuel storage, and ship-building and repair in the Saldanha …SA ripe with opportunities for investors
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… pledged R140 million in the production of components for fuel cells and electrolyzer in the OR Tambo Special Economic …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 …