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The 2026 South African Budget Speech focuses on stabilising debt, boosting infrastructure, and providing tax relief, with debt projected to stabilise in 2025/26 for the first time in 17 years

Most international stock markets rebounded strongly, while the oil price plunged to around $95 a barrel.

The South African fuel retailer Engen has imposed a temporary surcharge on its petrol and diesel supply to certain commercial customers.