South Africa

South Africa business news from Johannesburg, Cape Town, and Durban. Mining, finance, energy transition, and corporate developments from Africa’s most industrialized economy.

South Africa unemployment Q1 2026 labour force jobs economy Johannesburg statistics
AfricaFinance

South Africa unemployment hits 32.7% as 345,000 jobs lost

By
Africaspoint Editorial

South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025 as 345,000 jobs were shed,…

shallow focus photography of Taxi signage
AfricaBusiness

Cape Town taxis go cashless from June 1

By
Africaspoint Editorial

Cape Town's Codeta taxi association launches a cashless payment system from June 1, replacing cash fares with prepaid cards and…

South Africa gold mining Pan African Resources JSE Australia acquisition critical minerals
AfricaInfrastructure

Pan African Resources pays $219m for Australia’s top gold district

By
Africaspoint Editorial

Pan African Resources is acquiring Emmerson Resources for $219 million to take full control of Australia's richest gold district, making…

people on street during
AfricaGeopolitics

Africa rises against SA as Afrophobia crisis deepens

By
Africaspoint Editorial

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

Africa fintech unicorn public listing 2026Africa startup funding Q1 2026

Airtel Africa profit triples to $813m as data beats voice

Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…

Africa fintech unicorn public listing 2026Africa telecom infrastructure consolidation

Safaricom FY2026: record KSh80bn dividend, profit up 67%

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…

Dangote Mombasa refinery Kenya East Africa 2026Dangote Refinery IPO 2026

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…

Africa fastest growing economies 2026 IMFAfrican Union infrastructure 2026

Museveni sworn in for seventh term after 40 years in power

Yoweri Museveni was sworn in for a seventh consecutive term on May 12, extending his…

South Africa fiscal reform debt stabilisation Moody's rating macroeconomic Johannesburg
Enoch Godongwana Treasury fiscal policySARB interest rates monetary policy 2026

Moody’s backs South Africa as debt peaks in 2025

Africa outpaces Asia growth FDI 2026Africa startup funding Q1 2026

Shiprazor raises $2.65m to fix Africa e-commerce logistics

South Africa real economy SME growth investment agriculture manufacturing energy startup fund
Africa private equity venture capital 2026Africa startup funding Q1 2026

Secha Capital closes on $40m to back SA’s real economy

Africa vaccine manufacturing 2026National Health Insurance South Africa universal healthcare

ConCourt puts SA’s NHI on trial over corruption risk

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