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.
MTN donates devices to school with perfect matric pass rate
IN SHORT: MTN South Africa has donated digital devices to Qibing Secondary School in the Free State, which recorded a…
South Africa ranked among world’s most polite nations
A global Remitly survey has placed South Africa in the top 10 most polite nations in the world, with 1.82%…
South Africa’s offshore oil push survives four years of courts
Four years of legal battles have slowed but not stopped South Africa's offshore oil and gas ambitions. Shell's Wild Coast…
From Alexandra township to running Africa’s biggest bank
Mary Vilakazi grew up in Alexandra township, sold sweets for pocket money, financed her education through scholarships and a PwC…
Newsletter
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…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…