Southern Africa

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

Standard Bank tops Africa at R517bn

Standard Bank Group closed May 23 at a market capitalisation of R517 billion ($31 billion), overtaking Capitec at R511 billion…

HCI lifts earnings 50% on coal boom

HCI reported headline earnings per share up 50% to 2,247.9 cents for the year ended March 2026 on revenue of…

SARB cuts repo to 6.5 percent

South Africa's MPC cut the repo rate by 25 basis points to 6.5% on May 29, effective May 30, resuming…

South Africa’s rate decision lands Thursday

South Africa's MPC meets May 28-29 to decide whether to cut the repo rate from 6.75% or hold for a…

South Africa’s June 30 shutdown arrives

Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…