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.
SA deploys army against illegal mining
Deputy President Paul Mashatile says South Africa is deploying specialised units, SANDF troops and a 12-dimensional disruption programme to dismantle…
Showmax shuts down after R4.9bn loss
MultiChoice has announced it will discontinue Showmax after the platform recorded a R4.9 billion trading loss in its last financial…
Cell C tests AI network fix with Odine
Cell C and Odine have signed a proof-of-concept agreement to test AI-driven network quality enhancement in South Africa, aligned with…
Africa’s first big battery is rewriting energy
South Africa's HEX Battery Energy Storage System in Worcester is delivering 100 MWh of stored power to Africa's first utility-scale…
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…