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.

AfricaGovernance

SA deploys army against illegal mining

By
Africaspoint Editorial

Deputy President Paul Mashatile says South Africa is deploying specialised units, SANDF troops and a 12-dimensional disruption programme to dismantle…

Showmax shuts down in south africa
AfricaBusiness

Showmax shuts down after R4.9bn loss

By
Africaspoint Editorial

MultiChoice has announced it will discontinue Showmax after the platform recorded a R4.9 billion trading loss in its last financial…

Wireless network AI telecoms South Africa
AfricaBusiness

Cell C tests AI network fix with Odine

By
Africaspoint Editorial

Cell C and Odine have signed a proof-of-concept agreement to test AI-driven network quality enhancement in South Africa, aligned with…

AfricaBusiness

Africa’s first big battery is rewriting energy

By
Africaspoint Editorial

South Africa's HEX Battery Energy Storage System in Worcester is delivering 100 MWh of stored power to Africa's first utility-scale…

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…

Bolt South AfricaBusiness Regulation

Bolt is now legal in South Africa

Gold bullion bars precious metals South Africa markets
Bank of AmericaGold Price

JSE Up 44% in a Year. BofA Says the Run Is Not Over Yet.

Modern data center server infrastructure with blinking lights

South Africa’s Data Hosting Shift Turns Compliance Into Strategy

Karooooo Billionaire Calisto Moves Into Car Insurance

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