SA’s fuel import bill surges to highest level since 1994
The country has turned to the US and Nigeria to keep fuel flowing as supplies via the Strait of Hormuz are disrupted.
News
Follow to see every story about this in your feed.
2 701 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
Showing matches from The Citizen. Clear
The country has turned to the US and Nigeria to keep fuel flowing as supplies via the Strait of Hormuz are disrupted.
The loan will support electricity, water supply and sanitation, and solid waste management in eight metros.
Affected municipalities have until 1 September to conclude distribution agreements with Eskom or face possible supply interruptions.
Data revealed that the slight improvement mostly reflects ongoing supply disruptions, not stronger demand.
The power utility says the municipality's failure to meet debt relief conditions and settle its electricity account could result in reduced or terminated bulk supply from May 2026.
Thanks to a change in global supply dynamics and good monsoon rains, with higher stock levels expected to persist this year.
Supply and demand dynamics mean the utility has far too much capacity at present …