Business Update - What Are US And SA Governments Doing To Try Ease The High Costs Of Fuel

#KayaBiz host Nzinga Qunta spoke to Fresh and Thato on what to make of the US and South African governments were doing to ease the high cost of fuel. In the US, the Energy Department promised to loan 300,000 barrels of fuel oil from the emergency heating oil reserve to four companies, to counter oil prices linked to the war in Iran. In South Africa, National Treasury temporarily lowered the General Fuel Levy from 4 November to 1 December 2026, cutting it by R1.50 a litre on petrol and R3.00 on diesel.