RC 261021Power FMTehillah Niselow
Wednesday, 21 October 2026
Budget-day episode of Power Business dominated by the mini-budget: new gender-based violence funding, a renewed fuel levy cut and upgraded tax revenue, with Famous Brands' interim results and the Soweto rape case also in focus.
- 18:01
Finance Minister Enoch Godongwana allocated R3.8 billion to hire 3,500 social workers for police stations and victim facilities amid alarming gender-based violence and femicide cases.
- 18:28
Fuel levy relief returns: diesel relief of R3 a litre and petrol R1.50 from 4 November until 1 December, then smaller cuts until 5 January, costing government about R10 billion.
- 18:48
Tax revenue for the current year has been revised up by R17.1 billion, largely driven by corporate income tax, SARS Commissioner Johnston Makobu told the programme.
- 18:43
Famous Brands revenue rose 2.3% to R4.3 billion in the six months to August, but operating profit fell 4.7% as margins narrowed from 9.3% to 8.6%.
- 18:04
Police opened a rape case on 11 October over a nine-year-old allegedly raped by her teacher in Soweto; the teacher is suspended and no arrest has been made.