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 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…

Cape Town turns rubbish into power for 4,300 homes

Cape Town's R93 million landfill methane plant powers 4,300 homes, feeds 1.2 million kWh monthly into the city grid, and…

Ramaphosa: high-profile arrests are coming

Ramaphosa told an ANC event that high-profile corruption arrests are imminent, that the NPA is actively working its caseload, and…

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…