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.

Ramaphosa offers Starlink a BEE workaround

President Ramaphosa offered Starlink an equity-equivalence compliance path on April 15, but SA's telecoms licensing rules require specific regulatory changes…

ADNOC eyes Shell’s 600 SA fuel stations for $1bn

ADNOC is in advanced talks to acquire Shell's 600 South Africa fuel stations for about $1 billion, ending 120 years…

SA airports open door to private concessions

South Africa's ACSA is exploring private sector concession models for its airport network as part of a R21.7 billion upgrade…

SA’s Biovac wins $108m to build Africa’s vaccine factory

Cape Town's Biovac has secured €75 million from the EIB and $20 million from the IFC to build Africa's first…

Abiy unveils Addis Ababa’s riverside makeover

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

EU’s steel tariff hits South Africa

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