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.
SA ends rail monopoly: 11 operators in
Transnet concluded Rail Access Agreements with 11 private Train Operating Companies on May 13, ending the state monopoly on South…
South Africa sheds 345,000 jobs in Q1
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025 as 345,000 jobs were shed,…
Cape Town taxis go cashless from June 1
Cape Town's Codeta taxi association launches a cashless payment system from June 1, replacing cash fares with prepaid cards and…
Pan African Resources pays $219m for Australia’s top gold district
Pan African Resources is acquiring Emmerson Resources for $219 million to take full control of Australia's richest gold district, making…
Newsletter
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…