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.

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

Bank of America says South Africa's record stock market run has further to go, driven by gold up 86%, platinum…

South Africa’s Data Hosting Shift Turns Compliance Into Strategy

South Africa's tightening data governance framework, led by POPIA and the National Cloud and Data Policy, is pushing businesses from…

Karooooo Billionaire Calisto Moves Into Car Insurance

South Africa's Competition Commission has backed Karooooo billionaire Zak Calisto's bid to buy into King Price insurer via two acquiring…

South Africa’s Debt Crisis Has Peaked

Finance Minister Enoch Godongwana told Parliament that South Africa has turned a corner on debt, with the ratio expected to…