RC 261005702Stephen Grootes
Monday, 5 October 2026
Fuel prices surged while Santam’s R16 billion buyout, Durban port disruption and private-sector procurement proposals dominated the business-focused episode.
- 18:11
Sunlam offered R505 a share to acquire the 38% of Santam it does not own, valuing the buyout at about R16 billion and taking Santam off the JSE.
- 18:21
Transport Minister Barbara Creecy said Durban Gateway Terminal’s IT changeover and bad weather created a backlog, with hybrid equipment, renewed back-of-port operations and more trains planned to clear it.
- 18:01
Petrol prices are set to rise by more than R3 a litre on Wednesday, while diesel increases by between R2.84 and R3.24, partly because of Middle East tensions.
- 18:47
Business Leadership South Africa proposed using private-sector technical expertise to prepare and evaluate infrastructure tenders, while government retains policy control, accountability and conflict-of-interest safeguards.
- 18:54
Cars.co.za said fuel efficiency has overtaken safety as a vehicle-buying consideration, with four electric cars now priced below R400,000 and another expected below R300,000.