Drought declared a national disaster
Government has declared a national state of disaster to deal with the country’s drought and water crisis. Cooperative Governance and Traditional Affairs (COGTA) Minister Zweli Mkhize made the announcement on behalf of the Inter-Ministerial Task Team on Drought and Water Scarcity during a media briefing in Cape Town on... Read more
Relief for motorists as fuel price drops
Motorists will get some reprieve at the fuel pumps from Wednesday following an announcement by the Department of Energy of the drop in fuel prices. As of 7 March, the petrol price will drop by 36 cents a litre and between 44 and 47 cents less for a litre... Read more
NMB water crisis – Coega puts up its hand
“The Coega Development Corporation (CDC) is pro-actively implementing water conservation efforts by reducing its water consumption due to the drought experienced by the Nelson Mandela Bay area,” says Dr Ayanda Vilakazi, CDC’s Head of Marketing, Brand and Communications. The CDC has a water wise garden at its head office... Read more
Petrol price drops on Wednesday
Motorists can expect to pay 30 cents less for petrol, while diesel will be 17 cents cheaper per litre, at the pumps from Wednesday. Illuminating paraffin is also down by 19 cents, while LP gas will trade at 23 cents less per kilogram, Department of Energy announced on Sunday.... Read more
Petrol price to rise in October
The petrol price will rise by between 25 and 29 cents this week, the Energy Department announced on Monday. A litre of 93 (ULP and LRP) will rise by 25 cents, while a litre of 95 (ULP and LRP) will rise by 29 cents. This means that consumers, who... Read more
SA, Russia sign oil and gas development agreement
South Africa and Russia on Monday signed an agreement that will see about US$400 million invested in oil and gas development. The agreement between PetroSA, the oil and gas corporation of South Africa, and Rosgeo, geological exploration company of the Russian Federation, was signed at the 9th annual BRICS... Read more
Fuel price set to increase in August
The price of petrol is expected to increase by 19 cents a litre from Wednesday, the Department of Energy announced. In a statement issued on Friday, the department said the main reasons for the petrol increase was the slight decline in the rand against the US Dollar Exchange rate... Read more
Energy minister meets petroleum industry
Energy Minister Mmamoloko Kubayi this week met with the board of governors of the South African Petroleum Industry Association (SAPIA). The meeting held on Monday sought to find ways of strengthening and improving working relations to find lasting solutions to the challenges facing the petroleum sector. “The meeting dealt... Read more
Billion-rand steel fund comes into effect
AN R1.5 billion steel competitiveness fund will come into effect next month, Economic Development Minister Ebrahim Patel said on Thursday. Addressing media prior to tabling the Department of Economic Development Budget Vote in Parliament, Minister Patel said the fund will target downstream steel sectors, including foundries and valve and... Read more
Economic Development, Environmental Affairs and Tourism MEC Mcebisi Jonas has announced that his department “will increase its investment in Coega over the next two years for bulk infrastruc-ture in anticipation of the Kalagadi manganese smelter”. A total of R42 million has been provided in his department’s budget for the... Read more