Latest news in South Africa? September 2nd, 2026
02-09-2026
Major headlines and developing stories across South Africa on September 2, 2026:
- Massive Fuel Price Hikes Take Effect: Official Department of Mineral and Petroleum Resources adjustments hit pumps today, driven by rising global crude prices. Petrol increased by R1.34 per litre, while wholesale diesel rose between R2.94 and R3.15 per litre. The Public Servants Association (PSA) has called on the government for urgent tax relief and transport subsidies to cushion workers against the compounded cost-of-living impact. businesstech.co.za+ 1
- Early Pressure for October Fuel: Central Energy Fund (CEF) data released this morning shows early under-recoveries already deep in the red for October, signaling potential consecutive steep increases if global oil pressures persist. BusinessTech
- Manufacturing and Financial Markets: The Rand traded around R16.15 to R16.19 against the US dollar. Meanwhile, the Absa Manufacturing PMI fell to 45.8 points for August (down from 46.8 in July), marking the fourth straight month of contraction in the domestic manufacturing sector. Daily Investor+ 1
- Governance and Special Investigating Unit (SIU): The Ministry of Justice and Constitutional Development formally welcomed the new head of the SIU, following an announcement by President Cyril Ramaphosa emphasizing public sector accountability and ethics. South African Government News Agency
- Municipal Debt Strain in eThekwini: The eThekwini Metropolitan Municipality reported an accumulated debt total exceeding R47 billion, with residential households accounting for roughly R35 billion of uncollected utility and service fees. Daily Investor
- Tourism Month Launch: As South Africa enters September’s national Tourism Month, industry leaders and government departments opened initiatives aimed at expanding access to operational funding and procurement pipelines for small and medium-sized tourism enterprises. Infrastructure news
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