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.
BHP’s $246bn warning to South Africa
The world's largest miner, about to be led by a South African, is delivering a pointed message to Pretoria: fix…
SARS raids own employees in customs bribery probe
SARS has raided six current and former employees linked to a customs bribery scheme worth $2.4 million in under-declared income.…
DRC and South Africa revive $10bn Inga 3 dam
The DRC and South Africa have revived bilateral talks on the Inga 3 hydropower project, the next phase of the…
South African takes charge of world’s biggest miner
KwaZulu-Natal-born Brandon Craig becomes CEO of BHP, the world's largest miner, on July 1. He joins fellow South Africans Natascha…
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…