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.

Eskom South Africa electricity power grid transmission infrastructure capex investment
AfricaInfrastructure

Eskom plans R343bn capex after 320 load-shedding-free days

By
Africaspoint Editorial

Eskom plans R343 billion in capital expenditure over five years, targeting 70% energy availability, 5,500MW of new renewables and profit…

a large red sign on top of a building
AfricaBusiness

SA manufacturing bounces to 52.6 but rally in doubt

By
Africaspoint Editorial

South Africa's Absa PMI rebounded to 52.6 in April 2026 from 49.0 in March, returning to expansion for the first…

AfricaBusiness

NUM strikes at Implats in union recognition battle

By
Africaspoint Editorial

About 1,800 NUM members are on indefinite strike at Impala Platinum's No.1 Shaft in Rustenburg after the union exceeded the…

South Africa nickel mining minerals critical minerals energy transition Mpumalanga
AfricaInfrastructure

ARM signs Boliden nickel deal to restart Nkomati

By
Africaspoint Editorial

African Rainbow Minerals has signed a conditional nickel concentrate offtake deal with Sweden's Boliden to supply its Harjavalta smelter in…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

South Africa economy inflation consumer prices fuel cost of living
IMF Sub-Saharan Africa outlook 2026SARB interest rates monetary policy 2026

SA inflation edges to 3.1% before oil shock registers

East Africa banking consolidation 2026Shell South Africa exit

Varun Beverages buys Twizza for $125m

South Africa bank retail banking digital finance customers branch Capitec
BankingCapitec Bank results 2026

Capitec crosses $1bn profit with 26 million clients

MiningPhalaborwa rare earths South Africa

US backs Phalaborwa despite SA diplomatic rift

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