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RSS Engineering news

  • Reserve Bank keeps repo rate steady in split decision January 29, 2026
    South Africa's central bank kept its main lending rate unchanged at 6.75% on Thursday, saying it wanted to see inflation expectations fall further and citing potential price pressures including electricity tariffs. The majority of economists polled by Reuters had expected no change in the repo rate. Central bank Governor Lesetja Kganyago told a press conference […]
  • Energy Regulator grants 87c/kWh tariff relief to ferrochrome smelters January 29, 2026
    The Electricity Regulator has approved an application by Eskom to extend temporary tariff relief to ferrochrome producers Samancor Chrome and the Glencore-Merafe Chrome Venture for a period of 12 months. Eskom made an application to the National Energy Regulator of South Africa (Nersa) to supply electricity to smelters owned by the two entities at a […]
  • Don’t protect vehicle assembly sector to the detriment of the retail sector, warns MISA January 29, 2026
    South Africa must strike a balance between protecting its automotive manufacturing sector against the impact of imported vehicles from China and India, while not hampering the growth of its retail motor industry, says trade union the Motor Industry Staff Association (MISA). MISA represents more than 75 000 members in the retail motor industry.
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