{"id":881329,"date":"2026-10-24T07:25:14","date_gmt":"2026-10-24T05:25:14","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=881329"},"modified":"2026-10-24T07:25:14","modified_gmt":"2026-10-24T05:25:14","slug":"new-tolls-for-the-n1-on-the-cards-and-group-calls-for-midnight-cap-on-alcohol-sales","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/5-things\/881329\/new-tolls-for-the-n1-on-the-cards-and-group-calls-for-midnight-cap-on-alcohol-sales\/","title":{"rendered":"New tolls for the N1 on the cards, and group calls for midnight cap on alcohol sales"},"content":{"rendered":"\n

The rand was largely unchanged on Friday after a sharp fall the previous day, with investors looking ahead to important month-end data.<\/p>\n\n\n\n

The rand was trading at 16.5050 to the dollar on Friday, similar to its Thursday close, when the currency fell sharply from elevated oil prices.<\/p>\n\n\n\n

The past week has been busy for South African investors, with several economic indicators released in the country.<\/p>\n\n\n\n

Stats SA reported better-than-anticipated inflation data, with Finance Minister Enoch Godongwana presenting the Medium-Term Budget Policy Statement (MTBPS).<\/p>\n\n\n\n

The MTBPS included temporary relief for fuel prices through November and December, with a reduction in the General Fuel Levy (GFL).<\/p>\n\n\n\n

South Africa’s benchmark 2035 government bond was flat on Friday, with the yield at 8.615%. [Reuters<\/a>]<\/p>\n\n\n\n

On Saturday, 24 October 2026, the rand was trading at R16.57 to the dollar, R22.19 to the pound, and R18.58 to the euro. Gold is trading at $3,995.88, while oil prices were at $116.70 a barrel.<\/p>\n\n\n\n

5 important things<\/h2>\n\n\n\n
\"\"<\/a><\/figure>\n\n\n\n

Part of South Africa\u2019s most important highway can become a toll road:<\/strong> Minister of Transport, Barbara Creecy, said that a 1.1-kilometre stretch of the N1 highway is under consideration to become a toll road. [Newsday<\/a>]<\/p>\n\n\n\n

\n\n\n\n

Group urges midnight cap on alcohol sales:<\/strong> The Constitutional Court will hear from the DG Murray Trust next month, which will argue that alcohol sales after midnight are against human rights. [BusinessDay<\/a>]<\/p>\n\n\n\n

\n\n\n\n

South Africa must invest R1.1 trillion to grow the economy by 1%:<\/strong> South Africa needs R14.50 in investment to generate R1 in incremental economic growth, whereas faster-growing and more efficient economies require only R3 in investment. [DailyInvestor<\/a>]<\/p>\n\n\n\n

\n\n\n\n

Starlink begins to cut South Africans off: <\/strong>SpaceX\u2019s satellite Internet service, Starlink, has implemented a stringent travel registration requirement that has completely locked South Africans out of using its international roaming service in the country. [MyBroadband<\/a>]<\/p>\n\n\n\n

\n\n\n\n

R594 million win for South Africa\u2019s richest self-made woman:<\/strong> Sygnia\u2019s investors have passed a resolution approving an amendment to the company\u2019s share option scheme, potentially unlocking R594 million in executive share options. [BusinessTech<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"

Here are five important things happening in and affecting South Africa on Saturday, 24 October 2026.<\/p>\n","protected":false},"author":131,"featured_media":860518,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2113865831184523699","_sma_facebook_post_id":"191437357620492_2247317586088640","_sma_instagram_post_id":"17968220988192217","_sma_x_attempts":1,"footnotes":""},"categories":[20398],"tags":[16632,9194,26933],"class_list":["post-881329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5-things","tag-5-things","tag-mtbps","tag-n1"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=881329"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881329\/revisions"}],"predecessor-version":[{"id":881333,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/881329\/revisions\/881333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/860518"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=881329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=881329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=881329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}