Big changes to speed limits, and Eskom’s plan will leave South Africans R10 billion poorer – businesstech.co.za

The updates to road safety and licensing laws include the phasing out of five-year driving licenses and a restructuring of speed limits across the country. These measures coincide with financial pressures from the national power utility, Eskom, which is introducing a plan that will result in a R10 billion loss for citizens.

South Africa Phasing Out Five-Year Driving Licenses

South African motorists are transitioning away from the five-year driving license cycle. According to reporting from MyBroadband and TopAuto, the government is moving toward a system that alters how licenses are renewed and managed.

The shift is described as positive news for license holders, as it targets the inefficiencies and long queues often associated with the renewal of short-term permits. While the specific new duration for licenses was not detailed in the discovery headlines, the move marks a definitive end to the five-year validity period.

Changes to National Speed Limits

BusinessTech reports that the government is introducing big changes to speed limits across South African roads.

Eskom Plan Projected to Cost Consumers R10 Billion

A new operational or financial plan from Eskom, the state-owned power utility, is expected to leave South Africans R10 billion poorer, according to BusinessTech.

ANC Policy and Corporate Departures

In a separate development, BusinessTech reports that the African National Congress (ANC) is involved in actions that are effectively chasing an iconic company out of South Africa. While the specific name of the company was not provided in the initial headlines, the reporting links the departure to the current political and regulatory environment fostered by the ruling party.