Strong performance in corporate and personal income tax collections, as well as VAT, has resulted in the estimated tax revenue collection for 2026/27 being revised upwards by R17.1bn. Link in comments.

Finance Minister Enoch Godongwana has announced R10bn in temporary fuel levy relief. From 4 November to 1 December, the levy falls by R3 a litre on diesel and R1.50 on petrol. A smaller cut then runs until 5 January: R1.50 off diesel and R1 off petrol. Link in comments.

South Africa and Uganda are seeking to remove trade barriers and accelerate investment between the two countries, with Kampala pressing Pretoria to finalise a long-delayed agreement on standards and trade facilitation to ease the movement of goods between their markets.

The entry of fintechs, payment specialists and other nonbanks into South Africa's payment system will increase competition for traditional banks, drive innovation and reduce costs, though regulation has to keep up, Reserve Bank governor Lesetja Kganyago said on Tuesday.