By the AFREEQUE newsroom, based on Moneyweb
Illustrative image · Fahad Puthawala · Pexels · Licence PexelsSouth African motorists spend 54% more to fill their tanks, according to data from Discovery. However, they buy fuel in smaller quantities and more often, suggesting they are adapting their habits to expected price changes, Moneyweb reports.
South African electricity tariffs have risen by 165% in ten years, significantly increasing household expenses. National Treasury says, however, that scrapping VAT on electricity bills is not under consideration, IOL reports.
🇿🇦 South Africa · Source: IOL ·
Botswana’s economic growth rebound has not translated into higher household spending, according to consultancy Econsult. Its analysis highlights a gap between improving economic activity and household consumption, reports the Sunday Standard.
🇧🇼 Botswana · Source: Sunday Standard ·
South African construction company Concor has been placed under business rescue, with contingent liabilities linked to current projects exceeding 1.6 billion rand. Its cash, cash equivalents and trade receivables total just 15,000 rand, according to Moneyweb.
🇿🇦 South Africa · Source: Moneyweb ·
South Africa had recorded 26 confirmed mpox cases by 27 October, including 18 in the Western Cape, and seven patients had been hospitalised. Twenty infections have occurred since August, while the health ministry plans to use donated vaccines as needed, reports Spotlight.
🇿🇦 South Africa · Source: Spotlight (NSP) ·
Cat Matlala trial postponed to Thursday in South AfricaThe attempted murder trial involving Vusimusi “Cat” Matlala, his wife and three co-accused has been postponed to Thursday by the Johannesburg High Court. The hearing is notably intended to allow one accused to sit an examination and a doctor to consult the defence, Sowetan reports.
Moody’s raises Zambia’s debt rating to Caa1Moody’s has raised Zambia’s sovereign rating from Caa2 to Caa1 and maintained a positive outlook, citing sustained improvement in the public debt trajectory. The agency announced the decision on 30 October 2026; the country still spends about 35% of its public revenue on interest payments, according to Moody’s.The week in Africa
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