Southern Africa

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

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…

Africa rises against SA as Afrophobia crisis deepens

Nigeria's President Tinubu ordered a crisis notification unit in South African missions, the Senate called to revoke MTN and DStv…

Moody’s backs South Africa as debt peaks in 2025

Moody's has confirmed that South Africa's government debt peaked at 86.8% of GDP in 2025 and will decline to 84.9%…

Africa startup investor numbers hit five-year low

Only 162 unique investors participated in African startup deals in the first four months of…

Paymentology raises $175m for Africa fintech infrastructure

Paymentology, a global card issuer-processor serving banks and fintechs across African markets, raised $175 million…

Zambia cuts interest rate to two-year low of 13.25%

The Bank of Zambia cut its Monetary Policy Rate by 25 basis points to 13.25%…

Nigeria jails ex-power minister for 75 years over N33.8bn fraud

Nigeria's Federal High Court sentenced former Power Minister Saleh Mamman to 75 consecutive years in…