Southern Africa

Southern Africa business news covering SADC economies: South Africa, Botswana, Namibia, Zambia, Zimbabwe, and regional integration. Mining, energy, and investment analysis.

IDC saves Tongaat Hulett from liquidation for now

South Africa's IDC injected R200 million into Tongaat Hulett on April 17, raising its total rescue funding to R2.5 billion…

Nedbank wins clearance for $856m NCBA Kenya deal

South Africa's Nedbank has secured Kenya's Capital Markets Authority exemption to proceed with its $856 million acquisition of 66% of…

SA startup raises $5.2m for AI TB stethoscope

Cape Town's AI Diagnostics raised $5.2 million to scale its Ostium AI-powered digital stethoscope, which screens for tuberculosis by analysing…

Ramaphosa offers Starlink a BEE workaround

President Ramaphosa offered Starlink an equity-equivalence compliance path on April 15, but SA's telecoms licensing rules require specific regulatory changes…

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…