enoch godongwana

Big petrol price drop could be hijacked with e-toll levy The Organisation Undoing Tax Abuse (Outa) worries that finance minister Enoch Godongwana will use an expected fuel price drop in September as an opportunity to squeeze in a levy to replace Gauteng's e-tolls. Outa warned that Godongwana...

South Africa hit with major petrol price hike The Central Energy Fund, on behalf of South Africa's energy department, has announced fuel price increases for July 2022, with substantial increases for motorists driving petrol and diesel vehicles. Unleaded 93 petrol will increase by R2.37 per...

Mbalula promises the absolute last final e-toll announcement The South African government will “for sure” announce a solution to e-tolls in October, transport minister Fikile Mbalula said in a media briefing on Thursday. “Between myself and the Minister of Finance [Enoch Godongwana], directed...

South Africa faces colossal petrol price increase The Organisation Undoing Tax Abuse (Outa) wants the government to extend the R1.50 general fuel levy relief for another month to prevent an increase of around R2.50 in July 2022. "We really do need to see longer-term solutions, but for now, the...

South Africa faces biggest petrol price hike in history The Organisation Undoing Tax Abuse (Outa) says finance minister Enoch Godongwana has no choice but to extend fuel price relief measures. This is despite the R1.50 fuel levy reduction costing government R2.7 to R2.8 billion each month...

SABC must explain how it's going to make money — besides TV licences Communications minister, Khumbudzo Ntshavheni, has given the South African Broadcasting Corporation (SABC) until 30 June 2022 to explain how it plans on generating more revenue. She also said her department is working with...

Major petrol price tax changes coming The South African government is working to end the general fuel levy and deregulate the petrol and diesel price. In an interview with the Sunday Times, Enoch Godongwana said that for complete deregulation to happen, National Treasury must find a way to...

Petrol tax cuts for South Africa Finance minister Enoch Godongwana has announced the South African government will reduce the general fuel levy (GFL) as an emergency measure to help protect motorists from surging global fuel prices. In an address to Parliament on Thursday, 31 March 2022...

How much more you will pay for a tank of petrol from today Fuel price increases the Central Energy Fund announced on Friday have kicked in today, bringing the inland petrol price to over R21 per litre. From Wednesday, 2 March 2022, the price of both grades of unleaded petrol increased by R1.46...

South Africa backtracks on salary increases for civil servants — saves R75 billion South Africa’s top court upheld a ruling by a lower tribunal that allowed the government to renege on salary increases for public servants, bolstering its efforts to rein in runaway debt and the budget deficit...

Huge petrol price increase for South Africa in March The Department of Mineral Resources and Energy has published its adjustments to South African fuel prices for March 2022. These adjustments are bad news for South Africans, as all fuel prices will rise steeply on Wednesday, 2 March.

South Africa to crack down on cryptocurrency miners and stablecoins National Treasury is exploring measures to regulate electricity-intensive cryptocurrency mining in South Africa. In the 2022 Budget Review published this week, Treasury said that crypto mining is environmentally harmful.

Eskom must cut 10,000 jobs to get bailouts South Africa’s government plans to restructure state power utility Eskom Holdings SOC Ltd.’s debt before elections in 2024, and will only provide additional support if the company sells assets and cuts jobs, Finance Minister Enoch Godongwana said...

Expect a huge petrol price increase — at least R1.20 per litre East Cape Fuels has revealed its estimated mid-month fuel price adjustment for March 2022, and it's bad news at the pumps, with a considerable price hike projected for all grades of petrol, diesel, and paraffin. Drivers of petrol...

Bad news about the petrol price in South Africa — but there is a silver lining South Africans will not see fuel prices decrease on the same scale as the increases experienced in recent months, even following a fuel price review. This is according to Layton Beard, spokesperson for the...

Phased start for South Africa's R958 billion Basic Income Grant — advisory panel A South African panel recommended the country gradually implement a basic income grant, beginning with the institutionalization of a monthly welfare payment introduced last year to offset damage wrought by the...

Finance minister wants changes to SA's fuel price calculations South African Finance Minister Enoch Godongwana called for changes to the way the fuel price is calculated, after the cost of gasoline rose to a record this month. Regulated fuel prices, which include a levy used to finance a fund...

South Africa's "new" e-visa platform — the real story South African Minister of Finance, Enoch Godongwana, has announced that the country's new e-visa system will officially launch by March 2022. However, government has been making promises about this programme since 2018.

Eskom is unstable and collapsing — Deputy President South Africa’s deputy president David Mabuza has come out in support of Eskom CEO André de Ruyter, while energy and mineral resources minister Gwede Mantashe has slated him.

How Nelson Mandela quickly resolved a dispute between Vodacom and MTN The government and the regulator can learn from former president Nelson Mandela's unique approach to resolve conflict between Vodacom and MTN.