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 Sat, 06 Jun 2026 03:23:18 +0200 https://www.bizcommunity.com/article/fuel-levy-drop-to-cushion-sa-as-petrol-price-reaches-record-high-178296a The petrol price in South Africa may have skyrocketed to a record R28.06 per litre (for inland 95 unleaded) since tensions flared between Israel, the US and Iran. But the government believes its reduction in the general fuel levy will actively cushion South Africans against even steeper hikes and shield the economy from broader inflationary pressures. 1-268748 Thu, 04 Jun 2026 08:24:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/sas-fuel-supply-and-the-iran-war-data-black-holes-and-low-strategic-stock-put-the-country-at-risk-623701a The supply of crude oil to the world had been reduced by about 7.5% to 10.1% by March 2026 in what the World Bank described as the largest oil market disruption in history. The fall was a result of the attacks on Iran by Israel and the US and the subsequent closure of the Strait of Hormuz. 1-268701 Wed, 03 Jun 2026 09:18:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/eu-starts-first-investment-roadshow-in-south-africa-targeting-minerals-734142a Some 200 companies attended a European Union investment roadshow in South Africa on Monday, 5 June 2026 vying for a slice of €12bn ($13.98bn) in investments the bloc has pledged amid global rivalry over critical minerals. 1-268652 Tue, 02 Jun 2026 08:37:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/new-partnership-to-energise-virtual-wheeling-in-south-africa-623581a A new partnership between Mezzanine and Open Access Energy (OAE) is set to electrify virtual wheeling in South Africa. 1-268431 Tue, 26 May 2026 10:32:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/iran-war-is-exposing-south-africas-dependency-on-diesel-what-went-wrong-178866a It is forgivable to think that an oil shock mainly hurts at the petrol pump. After all, that is where households feel it first. But when my colleagues and I at the Bureau for Economic Research started digging through South Africa’s fuel data, a different story emerged – one that says as much about the country’s infrastructure failures as it does about global geopolitics. 1-268388 Mon, 25 May 2026 08:49:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/its-bleak-street-in-sa-mining-as-rising-fuel-price-starts-to-take-its-toll-067785a To quote the late American journalist and Vogue legend, André Leon Talley, it’s “bleak street” in South African mining production. The sector is feeling the effects of the ongoing conflict between Israel, the US and Iran, which has led to a sharp rise in fuel prices. 1-268347 Fri, 22 May 2026 10:39:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/gold-fields-anticipates-a-cost-spike-as-iran-war-drives-up-fuel-price-069255a Gold Fields expects its costs to increase as the Iran war has driven the prices of inputs such as fuel and explosives higher. 1-267887 Thu, 07 May 2026 11:15:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/crossboundary-secures-40m-to-build-solar-and-battery-power-for-african-businesses-392408a As the conflict between the US, Israel and Iran pushes up diesel prices and Eskom increases its electricity tariffs, renewable energy is a good option for many businesses looking to reduce costs and increase energy reliability. Right on time, CrossBoundary Energy has secured a $40m investment to fast-track commercial and industrial (C&I) renewable energy solutions throughout sub-Saharan Africa. 1-267753 Mon, 04 May 2026 10:29:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/south32-and-eskom-renewable-shift-for-hillside-smelter-to-protect-local-jobs-170586a The South African power utility Eskom and South32 announced that they are working on a renewable electricity plan for the Australian firm's Hillside aluminium smelter, to take effect from 2031. 1-267658 Tue, 28 Apr 2026 10:53:00 +0200 Bizcommunity Markets & Investment South Africa https://www.bizcommunity.com/article/sars-diesel-rebate-system-overhaul-paves-way-for-automated-fuel-monitoring-847223a The South African Revenue Service (Sars) has introduced the most significant overhaul of the country’s diesel refund system in 25 years. Consequently, primary producers in South Africa are experiencing a significant change in how they claim diesel rebates. 1-267609 Fri, 24 Apr 2026 11:54:00 +0200 Bizcommunity Markets & Investment South Africa