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.

Bolt is now legal in South Africa

Bolt South Africa has become the first major ride-hailing platform to register under the country's new e-hailing regulatory framework, receiving…

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

Bank of America says South Africa's record stock market run has further to go, driven by gold up 86%, platinum…

South Africa’s Data Hosting Shift Turns Compliance Into Strategy

South Africa's tightening data governance framework, led by POPIA and the National Cloud and Data Policy, is pushing businesses from…

Karooooo Billionaire Calisto Moves Into Car Insurance

South Africa's Competition Commission has backed Karooooo billionaire Zak Calisto's bid to buy into King Price insurer via two acquiring…

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…