RC 261021Power FMKwena Moabelo
Wednesday, 21 October 2026
The mid-term budget speech dominated, with a temporary fuel levy cut, a downgraded 1.2% growth forecast and higher tax revenue, alongside Shadrack Sibiya's denied bail and a Soweto teacher's suspension.
- 14:30
Finance Minister Enoch Godongwana announced a temporary fuel levy cut, with R10 billion in relief funded by returning money from the Central Energy Fund to the revenue fund.
- 14:14
Economic growth for 2026 was revised down to 1.2% from the 1.6% projected in February, as the prolonged Middle East conflict and its risks weigh on the economy.
- 14:27
Gross tax revenue for this year was revised up by R17.1 billion on stronger corporate, dividend and VAT collections, though the minister warned higher commodity prices may fade.
- 12:06
Former SAPS deputy national commissioner Shadrack Sibiya was denied bail, with the matter postponed to 24 November for trial on rape, sexual grooming and human trafficking charges.
- 12:03
A Soweto school teacher accused of raping a nine-year-old inside a school toilet has been placed on precautionary suspension while labour processes continue.