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.

a view of a city with tall buildings in the background
BusinessEast Africa

All four SA banks are chasing Kenya

By
Africaspoint Editorial

All four of South Africa's biggest banks are targeting Kenya simultaneously. Nedbank is buying NCBA. Absa, Standard Bank and FirstRand…

Spacious view of empty modern stadium seats at a Beijing venue captured by X-T30.
CultureMorocco

South Africa backs Senegal against Morocco ruling

By
Africaspoint Editorial

South African Sports Minister Gayton McKenzie pledged legal support for Senegal on the morning Morocco celebrated its restored AFCON title,…

gold-colored Bitcoin
AfricaBusiness

SAA is Africa’s first Bitcoin airline

By
Africaspoint Editorial

South African Airways is the first major African airline to accept Bitcoin for flight bookings, using Ozow and MoneyBadger's Lightning…

A large industrial refinery with pipes and towers under a clear blue sky during the day.
AfricaBusiness

South Africa turns to Dangote for fuel

By
Africaspoint Editorial

South Africa has lost half its refining capacity and gets 75% of its fuel from the Middle East. With the…

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…

Enoch Godongwana Treasury fiscal policySouth Africa energy transition load shedding end

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 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…

SARS raids own employees in customs bribery probe

AfDBCyril Ramaphosa

DRC and South Africa revive $10bn Inga 3 dam

Africa Critical MineralsBHP Group

South African takes charge of world’s biggest miner

Africa content industryAfrica streaming market

Showmax dies April 1, content moves to DStv Stream

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