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.
SA slashes diesel levy to zero in R17.2bn relief
South Africa's National Treasury has extended its R3/litre petrol levy cut to June 2 and slashed the diesel general fuel…
SA inflation edges to 3.1% before oil shock registers
South Africa's CPI rose to 3.1% in March 2026, matching economist forecasts, as the Hormuz conflict's full impact on fuel…
Varun Beverages buys Twizza for $125m
Varun Beverages, PepsiCo's largest bottler outside the US, completed the R2.1 billion ($125 million) acquisition of South Africa's Twizza in…
Capitec crosses $1bn profit with 26 million clients
Capitec Bank posted R16.8 billion ($1.02 billion) in headline earnings for FY2026, crossing the billion-dollar profit mark for the first…
