RC 261021Cape TalkJohn Maytham
Wednesday, 21 October 2026
Fuel-levy relief and a downgraded growth forecast dominated the midterm budget, while the show also debated whether councillors need formal qualifications ahead of the November local elections.
- 15:32
Finance Minister Godongwana announced R10 billion in fuel relief: diesel levy cut R3 a litre and petrol R1.50 from 4 November to 1 December, with smaller cuts running to 5 January.
- 17:01
Treasury cut its 2026 growth forecast to 1.2% from the 1.6% projected in February, citing a prolonged Middle East conflict and expected El Niño impacts on production costs and output.
- 16:32
A fiscal anchor will be written into law next year. Each incoming administration must set out a fiscal plan after general elections, and deviations will be explained to Parliament.
- 16:01
Treasury plans a major overhaul of municipal finance laws, including taking over the appointment of chief financial officers, to tackle weak financial management in local government.
- 15:05
The police commissioner has reversed the promotion of a senior officer charged with assaulting and torturing a Mowbray barber, and removed him as Muizenberg Police Station commander.