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 backs Senegal against Morocco ruling
South African Sports Minister Gayton McKenzie pledged legal support for Senegal on the morning Morocco celebrated its restored AFCON title,…
SAA is Africa’s first Bitcoin airline
South African Airways is the first major African airline to accept Bitcoin for flight bookings, using Ozow and MoneyBadger's Lightning…
South Africa turns to Dangote for fuel
South Africa has lost half its refining capacity and gets 75% of its fuel from the Middle East. With the…
BHP’s $246bn warning to South Africa
The world's largest miner, about to be led by a South African, is delivering a pointed message to Pretoria: fix…
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…