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.

South Africa state property company sovereign wealth fund R155 billion 2026
AfricaGovernance

SA’s R155bn property play eyes sovereign fund

By
Africaspoint Editorial

South Africa is creating a new state-owned company to consolidate and professionally manage its R155 billion property portfolio of 88,000…

AfricaInfrastructure

Ramaphosa pushes $34bn bullet train

By
Africaspoint Editorial

President Cyril Ramaphosa used his 2026 State of the Nation Address to recommit to South Africa's $34 billion, 500km high-speed…

South Africa electricity transmission grid infrastructure World Bank investment 2026
AfricaInfrastructure

World Bank bets $350m on SA grid

By
Africaspoint Editorial

The World Bank has committed $350 million to a new Credit Guarantee Vehicle hosted by the Development Bank of Southern…

AfricaGovernance

SA deploys army against illegal mining

By
Africaspoint Editorial

Deputy President Paul Mashatile says South Africa is deploying specialised units, SANDF troops and a 12-dimensional disruption programme to dismantle…

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…

Wireless network AI telecoms South Africa
AI Telecoms AfricaArtificial Intelligence Kenya

Cell C tests AI network fix with Odine

AfDBBattery Storage Africa

Africa’s first big battery is rewriting energy

Bolt South AfricaBusiness Regulation

Bolt is now legal in South Africa

Gold bullion bars precious metals South Africa markets
Bank of AmericaGold Price

JSE Up 44% in a Year. BofA Says the Run Is Not Over Yet.

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