AA warns of knock-on effects as August petrol price exceeds R18 a litre
The Automobile Association has warned that the record petrol price increase in August is likely to have an impact on consumer prices.
SA Economy
Social grant beneficiaries will use any ATM without extra charges for 2 months – Banks
The move is aimed at assisting social grant recipients living in areas where ATMs and bank branches were destroyed during the recent unrest.
Ramaphosa announces R350 SRD grant reinstatement until March 2022
The government will reinstate the R350 social relief of distress (SRD) grant until the end of March 2022, President Cyril Ramaphosa has announced.
SA unrest has negated improved GDP growth recorded in Q1 – Reserve Bank
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.
Government giving ‘serious consideration’ to basic income grant – Ramaphosa
President Cyril Ramaphosa says the government is giving “serious consideration” to the introduction of a basic income grant in South Africa.
Govt reopens UIF TERS applications – with direct payments to workers
The government has reopened UIF TERS applications for workers affected by the latest lockdowns – with payments to be made directly to workers.
SA unrest: Govt has identified instigators and is after them – Ramaphosa
President Cyril Ramaphosa says the recent unrest in parts of South Africa was “clearly instigated” and government is pursuing the instigators.
South Africa has sufficient petroleum products – Govt amid fuel shortage concerns
The Department of Mineral Resources and Energy has assured the public that South Africa has sufficient petroleum products.
Ramaphosa announces new embedded generation threshold to tackle load shedding
The government has raised the licensing threshold for embedded power generation in South Africa from 1MW to 100MW, President Cyril Ramaphosa has announced.
Eskom ramps up load shedding to stage 4 from 14:00 until 22:00 today
Eskom has announced that it will increase load shedding to stage 4 from 14h00 until 22h00 on Wednesday (9 June).