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 African takes charge of world’s biggest miner
KwaZulu-Natal-born Brandon Craig becomes CEO of BHP, the world's largest miner, on July 1. He joins fellow South Africans Natascha…
Showmax dies April 1, content moves to DStv Stream
MultiChoice has set March 31 as the final day of Showmax subscriptions, migrating content to DStv Stream after the platform…
Mastercard pays $1.8bn for South African fintech
Mastercard is acquiring BVNK, the stablecoin infrastructure company founded by three South Africans, for up to $1.8 billion — the…
Momentum doubles down on Southern Africa
Momentum Group is concentrating its Africa investment in Southern Africa, selling its Ghana and Zambia operations to double down on…
Newsletter
Airtel Zambia joins the $1bn club
Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…
Spiro bets on batteries, not motorcycles
Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…
Tanzania self-funds its $24bn budget
Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…
Cardoso wins Central Bank of the Year
Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…