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…