Southern Africa

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

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…

ADNOC eyes Shell’s 600 SA fuel stations for $1bn

ADNOC is in advanced talks to acquire Shell's 600 South Africa fuel stations for about $1 billion, ending 120 years…