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.

MTN launches a R30 streaming service

MTN launched MTN One TV on June 9, entering the African streaming market with a pricing range from free to…

Eskom signs a landmark LNG deal

Eskom and Zululand Energy Terminal signed a heads of agreement on June 5 for a long-term LNG supply partnership to…

South Africa’s six-quarter growth run continues

South Africa's GDP grew 0.5% quarter on quarter in Q1 2026, beating the 0.2% consensus forecast and extending the growth…

Ramaphosa tightens immigration amid unrest

President Ramaphosa announced a sweeping immigration crackdown in a June 7 national address, committing to tighter border controls, faster deportations…

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…

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…