Finance Minister Enoch Godongwana has announced R10 billion in temporary fuel levy relief, as surging global oil prices continue to put pressure on motorists and households. He delivered the Medium-Term Budget Policy Statement (MTBPS) on Wednesday. Petrol will receive a R1.50 per litre reduction, while diesel will get R3 per litre in relief during November
MTBPS | Treasury sets aside R10bn to ease fuel price pain Read More »
The rupee appreciated 39 paise, or around 0.41%, to 94.54 against the US dollar in early trade on Wednesday (October 21), compared with Monday’s (Ocyober 19’s) close of 94.93. The domestic currency was supported by dollar inflows linked to the Jio Platforms IPO, which opened for subscription on Wednesday, along with continued intervention by the
Rupee strengthens 39 paise to 94.54 against dollar: What to watch in the currency market Read More »
By Irina Slav – Oct 21, 2026, 12:11 AM CDT Crude oil prices ticked higher earlier today, extending gains from Tuesday as traders continued to worry about the stability of flows out of the Middle East. At the time of writing, Brent crude was trading at $110.30 per barrel, with West Texas Intermediate at $99.12
Oil Prices Climb Above $110 as Middle East Supply Fears Persist Read More »
