South African motorists are set to breathe a sigh of relief following major temporary reductions to fuel levies. The country's Finance Minister Enoch Godongwana used his 2026 Medium-Term Budget Policy Statement to announce short-term cushion measures at the pumps. For a perspective on some of the outcomes of the Mid Term Budget Speech, Thami Ngubeni spoke to Ashley Benjamin, Deputy General Secretary of the Federation of Unions of South Africa and Dan Peter Al Naddaf, member of the steering committee of the Budget Justice Coalition.

South African motorists are set to breathe a sigh of relief following major temporary reductions to fuel levies. The country's Finance Minister Enoch Godongwana used his 2026 Medium-Term Budget Policy Statement to announce short-term cushion measures at the pumps. For a perspective on some of the outcomes of the Mid Term Budget Speech, Thami Ngubeni spoke to Ashley Benjamin, Deputy General Secretary of the Federation of Unions of South Africa and Dan Peter Al Naddaf, member of the steering committee of the Budget Justice Coalition.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

South African motorists are set to breathe a sigh of relief following major temporary reductions to fuel levies

Charl Potgieter, Managing Executive for Absa Vehicle and Asset Finance, has written an article stating that South Africa's automotive industry has undergone significant changes over the past five years. He highlights greater competition, evolving vehicle price dynamics, and the rise of new-energy vehicles as factors that have impacted both the economics of vehicle ownership and the market structure. He emphasizes that understanding these changes requires an integrated perspective of the capital, businesses, partners, and consumers within the automotive ecosystem. To further discuss this and the role of Absa, Thami Ngubeni spoke to Henry Botha, Head of Strategy and Business Analytics at Absa

Charl Potgieter, Managing Executive for Absa Vehicle and Asset Finance, has written an article stating that South Africa's automotive industry has undergone significant changes over the past five years. He highlights greater competition, evolving vehicle price dynamics, and the rise of new-energy vehicles as factors that have impacted both the economics of vehicle ownership and the market structure. He emphasizes that understanding these changes requires an integrated perspective of the capital, businesses, partners, and consumers within the automotive ecosystem. To further discuss this and the role of Absa, Thami Ngubeni spoke to Henry Botha, Head of Strategy and Business Analytics at Absa

Issues impacting the South African vehicle sector

October is marked as Mental Health Awareness Month in South Africa with many institutions creating awareness around this issue. One of those is the Ikusasa Student Financial Aid Programme, they are drawing attention to a severe yet frequently overlooked risk to higher education success: the intersection of rising financial stress, online gambling, and student mental health. Across South Africa's tertiary campuses, financial pressure leads some students, including those receiving bursary allowances, to seek supplementary income through online betting platforms, echoing the broader national trends highlighted by the South African Responsible Gambling Foundation research. What often begins as a response to cost-of-living challenges or household financial demands can lead to heightened anxiety, debt, and academic strain. To talk to us more on this, Thami Ngubeni spoke to Sifanele Biyela, Corporate Partnerships and Operations Executive at Ikusasa Student Financial Aid Programme

October is marked as Mental Health Awareness Month in South Africa with many institutions creating awareness around this issue. One of those is the Ikusasa Student Financial Aid Programme, they are drawing attention to a severe yet frequently overlooked risk to higher education success: the intersection of rising financial stress, online gambling, and student mental health. Across South Africa's tertiary campuses, financial pressure leads some students, including those receiving bursary allowances, to seek supplementary income through online betting platforms, echoing the broader national trends highlighted by the South African Responsible Gambling Foundation research. What often begins as a response to cost-of-living challenges or household financial demands can lead to heightened anxiety, debt, and academic strain. To talk to us more on this, Thami Ngubeni spoke to Sifanele Biyela, Corporate Partnerships and Operations Executive at Ikusasa Student Financial Aid Programme

Ikusasa Student Financial Aid Programme drawing attention to student mental health due to finances

For many young South Africans, the biggest financial barriers are not always a lack of money, but the beliefs, habits and emotions that shape their financial decisions. From social media pressure and instant gratification to financial anxiety and fear of failure, the psychology of money plays a significant role in determining financial outcomes. Drawing on insights from the 2025 NedFinHealth Monitor Report, which highlights the importance of behaviours such as spending, saving, borrowing and planning in achieving financial health, Thami Ngubeni spoke to Khayakazi Madlavu, an accredited facilitator at Nedbank

For many young South Africans, the biggest financial barriers are not always a lack of money, but the beliefs, habits and emotions that shape their financial decisions. From social media pressure and instant gratification to financial anxiety and fear of failure, the psychology of money plays a significant role in determining financial outcomes. Drawing on insights from the 2025 NedFinHealth Monitor Report, which highlights the importance of behaviours such as spending, saving, borrowing and planning in achieving financial health, Thami Ngubeni spoke to Khayakazi Madlavu, an accredited facilitator at Nedbank

South African motorists are set to breathe a sigh of relief following major temporary reductions to fuel levies

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