The Automobile Association has warned that the record petrol price increase in August is likely to have an impact on consumer prices.
The move is aimed at assisting social grant recipients living in areas where ATMs and bank branches were destroyed during the recent unrest.
The government will reinstate the R350 social relief of distress (SRD) grant until the end of March 2022, President Cyril Ramaphosa has announced.
The SA Reserve Bank has maintained the repo rate at 3.5% (and interest rate at 7%), but warned of the economic impact of the recent unrest.
President Cyril Ramaphosa says the government is giving “serious consideration” to the introduction of a basic income grant in South Africa.
The government has reopened UIF TERS applications for workers affected by the latest lockdowns – with payments to be made directly to workers.
President Cyril Ramaphosa says the recent unrest in parts of South Africa was “clearly instigated” and government is pursuing the instigators.
The Department of Mineral Resources and Energy has assured the public that South Africa has sufficient petroleum products.
The government has raised the licensing threshold for embedded power generation in South Africa from 1MW to 100MW, President Cyril Ramaphosa has announced.
Eskom has announced that it will increase load shedding to stage 4 from 14h00 until 22h00 on Wednesday (9 June).