Airlink cancels final stadium flyover, and more bad news about petrol prices

Mitsubishi has unveiled the new Pajero, which is confirmed for launch in 100 global markets, including South Africa.

The latest version of the ladder-frame Japanese SUV has an all-new body with a honeycomb grille and T-shaped LED headlights, and a modern interior with two large 14.3-inch driver and infotainment displays.

Power will be delivered by a 2.4-litre turbocharged diesel engine with 150kW and 480Nm, paired with an eight-speed automatic gearbox, and a Super All-Wheel Control 4×4 system.

Oil prices have finally dipped this week after US President Donald Trump announced that the attacks on Iran would be short-lived.

Brent Crude dropped from $96 to $95 per barrel, reversing a trend of incremental hikes that have taken place over the last three days.

Neither the US nor Iran has indicated it will come to the negotiating table since the collapse of the interim peace agreement in June. Crude oil prices are 50% higher than they were at the beginning of the year.

The rand strengthened against a weaker US dollar after US private payroll data showed slower job growth, reinforcing expectations of a cautious Federal Reserve policy, according to Reuters.

The rand is currently trading at R16.04 per US dollar.

5 important things

South Africa one step closer to zero-alcohol driving law: Transport Minister Barbara Creecy revealed that her department is seeking approval to amend Section 65 of the National Road Traffic Act by the end of the year to reduce the legal drink driving limit to zero. [TopAuto].

Airlink cancels final stadium flyover after controversy: Airlink has pulled its application to perform a flyover at the FNB Stadium in Johannesburg on Saturday, 5 September 2026, after safety concerns emerged following its previous flyover at the DHL Stadium in Cape Town. [MyBroadband].

More bad news for petrol prices: Early fuel data from the Central Energy Fund points to another large petrol and diesel price increase in October. Petrol is expected to increase by R2.22 per litre while diesel will go up by R3.11 per litre. [BusinessTech].

Uber exiting 2 African countries: The US-based ride-hailing company Uber is shutting down its services in Nigeria and Uganda this month as the company reprioritises resources on higher return businesses like autonomous cars and cuts 3,300 jobs, roughly 10% of its workforce. [Bloomberg].

Sasol warns South African airlines about fuel: Sasol’s CEO said that local airlines need to keep higher stock levels in the event of production outages, such as the one that occurred at its Natref refinery last week. [Daily Investor].