Tuesday, 6 October 2026

From midnight, petrol rises by more than R3 a litre and diesel by nearly R3.25, threatening household budgets, transport costs, essential goods and jobs.

Budget Justice Coalition adviser Daniel Peter Al-Nadav said fuel shocks hit low-income households hardest, with staple foods, public transport, cooking fuels and basic services becoming more expensive.

KPMG economist Frank Blackmore said inflation risks remain tilted upwards if oil supply disruptions worsen, although South Africa could see inflation return to the Reserve Bank’s 3% target by 2027.

Infinite Partners closed its second core equity fund at R2.8 billion, above the R2.5 billion target, targeting growth businesses in digital infrastructure, financial services, food, education and healthcare.

Natural hair entrepreneur Nomagate Digo said small businesses struggle to access funding, with application requirements often designed for larger firms and repeated rejection discouraging entrepreneurs from applying.