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.
Shiprazor raises $2.65m to fix Africa e-commerce logistics
Cape Town logistics startup Shiprazor raised $2.65 million in seed funding, bringing total capital to $3.3 million, to expand its…
Secha Capital closes on $40m to back SA’s real economy
South Africa's Secha Capital reached the second close of its $40 million Fund II with E Squared Investments joining as…
ConCourt puts SA’s NHI on trial over corruption risk
South Africa's Constitutional Court began hearing the NHI Act challenge on May 5, with justices probing whether Parliament conducted meaningful…
SA diesel hits R32 in historic fuel price shock
South Africa's diesel price surged R6.19 per litre from May 6, pushing both grades past R32 for the first time…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…