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 ranked among world’s most polite nations
A global Remitly survey has placed South Africa in the top 10 most polite nations in the world, with 1.82%…
South Africa’s offshore oil push survives four years of courts
Four years of legal battles have slowed but not stopped South Africa's offshore oil and gas ambitions. Shell's Wild Coast…
From Alexandra township to running Africa’s biggest bank
Mary Vilakazi grew up in Alexandra township, sold sweets for pocket money, financed her education through scholarships and a PwC…
All four SA banks are chasing Kenya
All four of South Africa's biggest banks are targeting Kenya simultaneously. Nedbank is buying NCBA. Absa, Standard Bank and FirstRand…
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…