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 turns to Dangote for fuel

South Africa has lost half its refining capacity and gets 75% of its fuel from the Middle East. With the…

Botswana’s $3.7bn reserve loss forces a rethink

Botswana's foreign exchange reserves have collapsed from $7.5bn in 2017 to $3.2bn today. Diamond revenues are down 50%. GDP contracted…

BHP’s $246bn warning to South Africa

The world's largest miner, about to be led by a South African, is delivering a pointed message to Pretoria: fix…

SARS raids own employees in customs bribery probe

SARS has raided six current and former employees linked to a customs bribery scheme worth $2.4 million in under-declared income.…

Nigeria health sector records major gains

IN SHORT: Nigeria's health minister Prof. Muhammad Ali Pate says the sector is recording significant…

Namibia rejects Starlink licence application

IN SHORT: Namibia's communications regulator CRAN has formally rejected Starlink's application for both a telecommunications…

Stanbic launches women’s banking in Ghana

IN SHORT: Stanbic Bank Ghana has launched Obaa Sima, a dedicated women's banking proposition targeting…

Ghana makes UN history on slavery

IN SHORT: Ghana tabled a resolution at the UN today declaring the transatlantic slave trade…