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Fuel Updates
By: Ben Ouattara - Head of Africa, Puma Energy History offers a familiar lesson: when global energy markets are disrupted, Africa often bears a disproportionate share of the consequences.
South Africa's latest fuel price adjustment, which saw petrol prices increase while diesel prices declined, highlights the volatility that continues to shape business operating costs. For small and...
South Africans woke up to record-high fuel prices on May 6, 2026. A litre of diesel (50ppm) costs R31.38. It is the first time ever the price has gone over R30. A litre of 95 Octane in Gauteng...
The significant increase in fuel prices in April and May is no longer a short-term pricing shock that businesses can ride out, says Business Unity South Africa CEO Khulekani Mathe, adding that...
Australia will spend A$10-billion ($7.22-billion) to boost its national fuel stockpiles and establish a permanent government-owned fuel reserve, Prime Minister Anthony Albanese said on Wednesday....
By: Morag Evans - CEO of Databuild At the beginning of the year, there was cautious optimism that the construction environment, while still constrained, might at least become more predictable. That...
As uncertainty in the Middle East continues, South Africa is facing soaring fuel costs and potential supply disruptions. In response, businesses, farms and even households are increasingly storing...
Kevin Ssemwogerere, Business Development Strategy Head, Treasury and Trade Solutions at RMB The pending conflict and short-term ceasefire in the Middle East has materially disrupted global oil...
The International Monetary Fund (IMF) has cut its 2026 growth projection for the South African economy to only 1% from a January projection of 1.4%, as it warned that the outbreak of war in the...
President Cyril Ramaphosa has established a Ministerial Task Team to coordinate government’s response to the impact on the cost of living, fuel and food security because of the disruptions to...
It seems crucial for South Africa to hold a fuel security roundtable to monitor fuel supply chains more intensely during this period of global fuel concern. Government and industry leaders must be...
The Department of Mineral and Petroleum Resources (DMPR) says there is no immediate risk of fuel shortages in South Africa. The DMPR says it is in continuous contact with oil companies operating in...
The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country's economic outlook. At 0512 GMT,...
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