Mini-budget cuts 2026 growth to 1.2%, offers R10bn fuel levy relief and extends SRD grant

Finance Minister Enoch Godongwana delivered the Medium Term Budget Policy Statement on twenty-first October twenty twenty-six, lowering South Africa's projected economic growth for twenty twenty-six from one point six percent to one point two percent amid global geopolitical turbulence and oil supply shocks. To cushion households, the National Treasury announced a temporary ten billion rand fuel levy relief package taking effect in November, extended the three hundred and seventy rand Social Relief of Distress grant through March twenty twenty-eight, and directed additional spending to social workers and municipal services. Also in this briefing: a foreign national is beaten to death by a crowd during anti-immigrant unrest in central Durban; former deputy police commissioner Shadrack Sibiya is denied bail in the Randburg Magistrates Court; a brief update on fuel pricing, political killings, and party politics; and a Pretoria-built artificial intelligence platform achieves international regulatory certification after reducing public clinic tuberculosis screening times to under forty-five seconds.

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