POWER Business
- Tehillah Niselow
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- 18:00–20:00 SAST
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Monday, 2 November 2026
Trade and fuel dominated the evening, with the US moving to suspend South Africa from AGOA and motorists due for petrol and diesel relief from Wednesday.
- 19:47
The US intends to suspend South Africa from AGOA, ending preferential duty-free access to the American market; exporters will face additional tariffs, though trade itself is not banned.
- 19:17
Dr Feriel Adam of Water Can says Johannesburg's water crisis reflects a decade of poor governance and urges a commission of inquiry alongside any national intervention by Treasury.
- 18:57
Motorists are expected to get fuel relief from Wednesday, with petrol projected to fall about 42 cents a litre on average and diesel by around R1.60, per Central Energy Fund projections.
- 18:34
Redefine Properties reported distributable income up 7.5% to R3.9 billion for the 2026 financial year, with dividend per share up 7% and loan-to-value down to 38.8%.
- 18:30
More than 2.6 million voters have been approved for special voting, which runs today and tomorrow, ahead of the main local government election day on Wednesday.
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