For Creamer Media in Johannesburg, I am Thabi Shomolekae.

Making headlines: Petrol price to rise by up to 55c a litre, diesel by up to 84c a litre; DA lays criminal charges against Higher Education Minister; And, Kganyago sees inflation-target work complete soon

Petrol price to rise by up to 55c a litre, diesel by up to 84c a litre

The Department of Mineral and Petroleum Resources has announced that the price of petrol 93 will increase by 55c a litre and the price of petrol 95 by 52c a litre, effective tomorrow.

The price of 0.05% sulphur diesel will increase by 82c a litre and the price of 0.005% sulphur diesel by 84c a litre.

Further, the illuminating paraffin price will increase by 67c a litre. The maximum retail price of liquefied petroleum gas by 57c/kg, except in the Western Cape, where the price will increase by R1.90/kg.

During the assessment period to determine the changes to the basic fuel prices, the average Brent crude oil price increased to $69.36, as a result of the recent geopolitical tension in the Middle East.

DA lays criminal charges against Higher Education Minister

The Democratic Alliance today laid criminal charges against Higher Education and Training Minister Nobuhle Nkabane for allegedly lying to Parliament about African National Congress cadre appointments, announcing that it will vote against Nkabane’s department’s budget and other budgets led by what it calls “corrupt” ANC Ministers.

Last week the party gave President Cyril Ramaphosa an ultimatum to fire Human Settlements Minister Thembi Simelane, Nkabane and Member of National Assembly David Mahlobo, following the sudden removal of its own Deputy Minister of Trade, Industry and Competition Andrew Whitfield.

Ramaphosa said the reason for Whitfield’s firing was that he did not obtain permission from the President to travel abroad earlier this year.

The DA said Whitfield’s removal was a double standard on Ramaphosa’s part, as there were still Ministers embroiled in corruption allegations serving on his Cabinet.

In retaliation, the DA laid charges against Nkabane at the Cape Town Central Police Station, for her allegedly repeated “false claims” to the Parliamentary Portfolio Committee on Higher Education and Training.

And, Kganyago sees inflation-target work complete soon

A review of South Africa’s inflation target by the National Treasury and the nation’s central bank is close to completion, Governor Lesetja Kganyago has said.

The central bank’s inflation target, which was adopted in 2000 and hasn’t been reviewed since, is currently under review by teams from the Reserve Bank and Treasury. That technical work is nearly done and they will present recommendations soon to Kganyago and Finance Minister Enoch Godongwana.

That’s a roundup of news making headlines today

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