https://www.bizcommunity.com/196/647.html South Africa news 15 Markets & Investment news - South Africa https://www.bizcommunity.com/res/img/logo.gif https://www.bizcommunity.com/196/647.html en-us Mon, 26 Oct 2026 05:47:17 +0200 https://www.bizcommunity.com/article/central-energy-fund-gets-r10bn-for-fuel-levy-relief-in-south-africa-303428a In his Medium-Term Budget Policy Statement (MTBPS), the Minister of Finance, Enoch Godongwana, announced that the government will allocate R10 bn to the Central Energy Fund (CEF) to provide much-needed relief at the pumps for South Africans. As a result, the government will reduce the general fuel levy by R3 per litre for diesel and R1.50 per litre for petrol. 1-272773 Thu, 22 Oct 2026 09:25:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/major-development-banks-step-up-support-for-critical-minerals-value-chains-636771a Multilateral development banks (MDBs) will strengthen efforts to help mineral-rich developing economies add more value to their resources by moving beyond extraction into processing, refining and manufacturing, according to an outline of a critical minerals collaboration framework published on Saturday, 17 October 2026. 1-272721 Tue, 20 Oct 2026 17:29:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/digital-gold-could-unlock-700bn-in-latent-demand-finds-new-report-969324a A new report by the World Gold Council and Boston Consulting Group estimates that digital gold, currently valued at $45–$55bn, could unlock up to $700bn of latent demand. 1-272694 Tue, 20 Oct 2026 09:32:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/exxonmobil-warns-sa-needs-a-solution-for-its-growing-gas-needs-747142a The Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, outlined South Africa’s plans to prioritise gas-to-power and battery energy storage systems (BESS) to strengthen the reliability of electricity supply. However, at the recent African Energy Week in Cape Town, ExxonMobil’s Anish Patel warned that the country faces a widening gap between gas demand and supply. 1-272652 Mon, 19 Oct 2026 10:42:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/eni-dangote-totalenergies-and-more-win-big-at-african-energy-awards-636151a At the 2026 African Energy Awards in Cape Town, the African Energy Chamber recognised key players powering Africa, including Eni’s discoveries in Angola and the Ivory Coast, the Dangote Refinery’s production ramp-up, and TotalEnergies’ Hydra hybrid project in South Africa. 1-272571 Thu, 15 Oct 2026 08:47:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/anglo-americans-de-beers-exit-close-as-botswana-raises-the-stakes-636171a Anglo American could soon exit De Beers, as a Bloomberg report indicates that the Global Diamond Consortium, the preferred bidder for the diamond producer, is inching closer to sealing a deal with Botswana. This is according to people familiar with the matter. 1-272521 Wed, 14 Oct 2026 08:23:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/petrol-price-could-rise-by-r5-in-november-suggests-cef-data-181036a South Africans could face a nasty surprise in November, as early Central Energy Fund (CEF) projections indicate petrol prices could rise by nearly R5 per litre. 1-272438 Mon, 12 Oct 2026 08:22:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/fuel-prices-in-sa-r10bn-from-govt-could-bring-relief-to-the-pumps-303248a South Africans could soon see relief from rising fuel prices, which reached record levels earlier this week. Parliament’s Select Committee on Appropriations has adopted the Special Appropriation Bill to help stabilise fuel prices. 1-272423 Fri, 09 Oct 2026 10:51:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/100000-new-jobs-by-2035-mining-sector-aims-to-add-r65bn-to-sas-gdp-292917a The Minerals Council South Africa (MCSA) aims to create between 50,000 and 100,000 additional jobs by 2035 through its Investment and Growth Strategy, according to MCSA president Paul Dunne at the 2026 Joburg Indaba. He added that sustained annual growth of 3% in the mining sector could add approximately R65bn to South Africa’s GDP. 1-272370 Thu, 08 Oct 2026 10:05:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/fuel-prices-may-stay-high-after-the-war-ends-warns-sa-reserve-bank-181836a The South African Reserve Bank (SARB) warned that fuel prices may remain high after the war between the US, Israel, and Iran ends. In its Monetary Policy Review, the SARB noted that the destruction of oil refineries will likely affect fuel prices even after peace is restored in West Asia. 1-272338 Wed, 07 Oct 2026 12:15:00 +0200 Bizcommunity Markets & Investment South Africa