RC 261022702Bongani Bingwa
Thursday, 22 October 2026
Finance Minister Godongwana's midterm budget dominated, bringing fuel levy relief and a stabilising debt picture, while extortion pressure on Khayelitsha businesses weighed on residents ahead of the elections.
- 06:01
Finance Minister Enoch Godongwana cut the diesel levy by R3 a litre next month and R1.50 the month after, in a R10 billion intervention that the ATM says is only temporary relief.
- 06:30
For the first time in two decades, Treasury says gross government debt has stabilised, projected at 78% of GDP before easing to 76% over three years, while debt service takes over 21% of revenue.
- 07:20
SARS expects revenue about R15 billion ahead of February's budget projections at half-year, driven by provisional company tax, mining, banks and manufacturing, its commissioner says.
- 07:01
Northwest businessman Suliman Carrim faces fresh charges of attempted vehicle smuggling, allegedly colluding with employees to move financed cars from Mahikeng towards Beitbridge; he appears in Musina court.
- 06:04
In Khayelitsha, informal businesses are being forced to hand over up to 20% of their earnings to extortionists, and the Khayelitsha Development Forum says it receives complaints daily.