Southern Africa
Southern Africa business news covering SADC economies: South Africa, Botswana, Namibia, Zambia, Zimbabwe, and regional integration. Mining, energy, and investment analysis.
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025 as 345,000 jobs were shed,…
Cape Town taxis go cashless from June 1
Cape Town's Codeta taxi association launches a cashless payment system from June 1, replacing cash fares with prepaid cards and…
Zimbabwe pledges end to load shedding by December
Zimbabwe's ZESA CEO told parliament on May 11 that load shedding will end by December 2026, with 1,365MW of new…
Pan African Resources pays $219m for Australia’s top gold district
Pan African Resources is acquiring Emmerson Resources for $219 million to take full control of Australia's richest gold district, making…
Newsletter
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…
Museveni sworn in for seventh term after 40 years in power
Yoweri Museveni was sworn in for a seventh consecutive term on May 12, extending his…