Page 1 - 24 October 2025

Congratulations to
Mr Peter Cloete
from Dordrecht,
President of Agri
Eastern Cape, on
being re-elected as a
Director to the Board
of Directors of
AgriSA as well as the
Deputy-Chairperson
of the Provincial
Chamber.

Agri Eastern Cape congratulated Mr Cloete on social media
and said: “We are extremely proud!”
Congratulations on this achievement.

Congratulations to Roché and Tienie! The above 2025, the pair rowed side by side at Lynnwood Bridge
screenshot was taken on Tuesday morning at Retail Centre, in an attempt to break the world record for
11:22a.m.. a two-man team.
Their goal was to raise awareness and funds for By the end of the challenge, they had covered an
PinkDrive, a non-governmental organisation promoting incredible 330.6 kilometres. Just four kilometres short
early cancer detection and education. of the world record and raised over R100,000 in the
From 17:00 on 9 October to 17:00 on 10 October process.

A number of tertiary gambling turnover, which
education students are deep the National Gambling
into online gambling and Board’s 2024/2025 annual
use their NSFAS allowance report recorded as a
to fund their online betting staggering R1.5 trillion—up
accounts, which leads to from R1.1 trillion in the
financial and emotional previous financial year. This
distress. trend includes participation
from students. Meanwhile,
Some students at tertiary 13,983 jobs were created
education institutions have
Following moderate fuel month-end. lower international product Countries (OPEC) are been using their National across the sector.
p r i c e m o v e m e n t s i n If the above predictions prices, with the stronger forging ahead with plans to Student Financial Aid Daily Maverick spoke with
October, South African transpire, 95 Unleaded rand adding around 11 cents increase production, leading S c h e m e ( N S F A S ) students who have been
motorists can expect more could reach its lowest level to the over-recovery in the analysts to predict a surplus allowances to bet at online u s i n g t h e i r N S F A S
substantial petrol and diesel since February 2022, with a case of petrol. of crude this year and next. sites. This has led many allowances to fund their
price decreases from the 57-cent decrease knocking This month saw Brent Crude Analysts from China’s down a path of distress and gambling habits.
beginning of November. oil fall to its lowest level in Haitong Securities said the darkness.
the price of 95 Unleaded A Walter Sisulu University
The current outlook points petrol down to R20.22 at the almost six months, with pressure from oversupply in Last year, according to the (WSU) student, who wished
to petrol price decreases of coast and R21.06 in prices dropping to around the crude oil market is National Gambling Board’s to remain anonymous,
58 cents for 95 Unleaded Gauteng. 93 Unleaded is the $61 mark this week. gradually materialising. report for the 2023/24 nearly dropped out after
and 62 cents for 93 expected to cost around According to Reuters, prices "This will dampen market financial year, R1.1-trillion gambling led to financial
Unleaded, based on the R20.86 following the have been softer this month expectations and curb was wagered in the South losses and irregular use of
latest unaudited data from a n t i c i p a t e d 6 1 - c e n t due to concerns about investors' willingness to African gambling industry — family funds.
the Central Energy Fund decrease. excess supply as well as risks chase gains, limiting the 40.2% more than the “At the beginning of this year,
(CEF). On the diesel front, a 33- to demand, exacerbated by potential for oil prices to previous financial year. financially, I had to do
rebound."
trade-related tensions
Diesel is looking set for a cent decrease will see the between the US and China, All of that means good news Driven primarily by its everything at home. When
decrease in the region of 34 wholesale price receding to which are the world’s top oil for South Africans at the i n c r e a s i n g d i g i t a l the first allowance came out,
cents for 500ppm and 33 R18,30, making it 65 cents consumers. pumps for November, and accessibility, betting has I was meant to use it for
cents in the case of 50ppm, less expensive than it was in D e s p i t e t h e c u r r e n t possibly even December. It seen a significant year-on- school and home, but I took
and the latest daily data January. oversupply situation, the remains to be seen, however, year growth of 45.7%. This R500 to gamble, and I was
implies this over-recovery The predicted decreases O r g a n i s a t i o n o f t h e whether the good times will contributed to a massive left with R1,100. I was not
could grow further by come primarily as a result of Pe t r o l e u m E x p o r t i n g persist into 2026. increase in the nation’s Continued on page 5