SA’s Biggest Companies Urge Ramaphosa To Suspend Fuel Levies Ahead Of SONA

Loading player...
GUEST: Zinhle Tyikwe - CEO of the Consumer Goods Council of South Africa (CGCSA)



The Consumer Goods Council of South Africa (CGCSA), which represents 12 000 businesses on Tuesday urged President Cyril Ramaphosa to scrap the sugar tax, as well as suspend the fuel duty and road accident fund levies for the industry amid record levels of load shedding. Gugulethu Mfuphi is joined by the CEO of CGCSA, Zinhle Tyikwe to unpack this.
8 Feb 2023 1PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min