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.

Platinum overtakes coal as SA’s top export

South Africa's platinum export volumes rose 18% year-on-year in Q1 2026 as China and European demand rebounded, with PGMs overtaking…

SA mining hits 2-year high on platinum surge

South Africa's mining output surged 9.7% year-on-year in February, the fastest pace since February 2024, driven by a 52.3% jump…

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…

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…