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 manufacturing contracts for fourth straight month
South Africa's manufacturing output fell 2.8% year-on-year in February 2026, the fourth consecutive monthly contraction and worst since April 2025,…
FirstRand dumps UK bank after $993m car loan hit
South Africa's FirstRand will exit UK bank Aldermore after raising motor loan provisions to £750m ($993m), more than a decade…
South Africa pulls record $53bn in one day
South Africa's 2026 Investment Conference closed with a record R889.8bn ($53bn) in pledges across 81 projects. Ramaphosa raises five-year target…
South Africa gets only 1% of global mining spend
South Africa attracts just 1% of global mineral exploration spend despite world-class reserves. Anglo American's R600m injection brings the Junior…
Newsletter
South Africa’s June 30 shutdown arrives
Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…
US-Iran truce sends oil crashing
A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…
MTN’s MoMo is going super app
MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…
AfDB backs Arua airport in Uganda
The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…