Bad news about South Africa’s petrol prices, and a state-owned transport company on the brink of collapse

• South Africa's fuel prices are expected to increase by R1 to R3 per liter in September, with the current price being around R16 to the US dollar.
• The state-owned transport company Great North Transport (GNT) is seeking a R199 million bailout despite receiving R1 billion in taxpayer bailouts over the past decade.
• The company's financial distress has raised concerns about its ability to operate, with the bailout being seen as a last-ditch effort to prevent collapse and ensure the company reaches break-even.