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…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
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…