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.

AfricaBusiness

The African insurer taking on Europe

By
Africaspoint Editorial

South Africa's OUTsurance has turned its €160 million bet on Ireland into a functioning, growing business, attracting thousands of customers,…

South Africa state property company sovereign wealth fund R155 billion 2026
AfricaGovernance

SA’s R155bn property play eyes sovereign fund

By
Africaspoint Editorial

South Africa is creating a new state-owned company to consolidate and professionally manage its R155 billion property portfolio of 88,000…

AfricaInfrastructure

Ramaphosa pushes $34bn bullet train

By
Africaspoint Editorial

President Cyril Ramaphosa used his 2026 State of the Nation Address to recommit to South Africa's $34 billion, 500km high-speed…

South Africa electricity transmission grid infrastructure World Bank investment 2026
AfricaInfrastructure

World Bank bets $350m on SA grid

By
Africaspoint Editorial

The World Bank has committed $350 million to a new Credit Guarantee Vehicle hosted by the Development Bank of Southern…

Africa gold mining JSE market cap 2026Airtel Zambia $1 billion market capitalisation LuSE Lusaka Securities Exchange 2026

Airtel Zambia joins the $1bn club

Airtel Networks Zambia Plc crossed US$1 billion in market capitalisation on the Lusaka Securities Exchange…

Ethiopia EV electric motorcycle Spiro Roam BasiGo Kenya 80 percent 2026Nala stablecoin Tanzania fintech $50m Liquidity MUFG 2026

Spiro bets on batteries, not motorcycles

Spiro co-founder Gagan Gupta told TechCabal that batteries and energy infrastructure, not motorcycles, drive the…

Africa minerals railway DRC Zambia AngolaRwanda

Tanzania self-funds its $24bn budget

Tanzania's Finance Minister Khamis Mussa presented the Tsh62.33 trillion ($24 billion) 2026/27 budget on June…

CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026Nigeria

Cardoso wins Central Bank of the Year

Nigeria's Central Bank was named Central Bank of the Year 2026 at the Central Banking…

Illegal Mining South AfricaOperation Vala Umgodi

SA deploys army against illegal mining

Showmax shuts down in south africa
Africa StreamingCanal Plus Africa

Showmax shuts down after R4.9bn loss

Wireless network AI telecoms South Africa
AI Telecoms AfricaArtificial Intelligence Kenya

Cell C tests AI network fix with Odine

AfDBBattery Storage Africa

Africa’s first big battery is rewriting energy

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