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.

BusinessFinance

Showmax dies April 1, content moves to DStv Stream

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Africaspoint Editorial

MultiChoice has set March 31 as the final day of Showmax subscriptions, migrating content to DStv Stream after the platform…

FintechSouth Africa

Mastercard pays $1.8bn for South African fintech

By
Africaspoint Editorial

Mastercard is acquiring BVNK, the stablecoin infrastructure company founded by three South Africans, for up to $1.8 billion — the…

AfricaBusiness

Momentum doubles down on Southern Africa

By
Africaspoint Editorial

Momentum Group is concentrating its Africa investment in Southern Africa, selling its Ghana and Zambia operations to double down on…

AfricaBusiness

Saudi Arabia wants South Africa’s best

By
Africaspoint Editorial

Saudi Arabia posted 174 percent more job ads targeting South African professionals in 2025 than in 2024, driven by Vision…

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…

Cape Town South Africa tourism destination
Africa Europe ExpansionAfrica Europe Tourism

South Africa’s record year pulls Europe

Africa AviationBrussels Airlines

Gulf crisis sends Lufthansa to Africa

Africa Europe ExpansionJSE Listed Companies

The African insurer taking on Europe

South Africa state property company sovereign wealth fund R155 billion 2026
Cyril RamaphosaDean Macpherson

SA’s R155bn property play eyes sovereign fund

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