Friday, 2 October 2026

New Road Accident Fund CEO Wasim Karim said the organisation needs urgent reform, stronger consequences for fraud and corruption, and updated legislation to remain financially sustainable.

Cosatu urged government to use the Central Energy Fund’s R10 billion allocation to cushion motorists from an expected diesel increase of about R3 a litre next week.

Market analyst Graham Körner said September was a difficult month, with the JSE down about 7%, while nearly 30% of S&P 500 shares were at least 30% below their annual highs.

A proposed Cape Town foreshore redevelopment would add a bridge, tunnel and waterfront precinct, unlocking 15 hectares, but the project’s cost remains undetermined and construction is years away.