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.

Cape Town South Africa affordable housing urban development construction residential
AfricaBusiness

Salt River Market transformed into 970 homes

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Africaspoint Editorial

Cape Town's Salt River Market site was formally handed to developer Communicare on June 8 after more than a decade…

South Africa finance credit rating economy bonds investment JSE market recovery
AfricaBusiness

Fitch rewards South Africa’s fiscal discipline

By
Africaspoint Editorial

Fitch Ratings upgraded South Africa from BB minus to BB on June 5, the first upward rating action in 21…

AfricaBusiness

Six pacts as Ruto visits Pretoria

By
Africaspoint Editorial

President Ruto's June 4 state visit to South Africa yielded six bilateral agreements covering trade facilitation, skills development and maritime…

South Africa pharmaceutical medicine pills capsules drug manufacturing industrial
AfricaBusiness

Aspen dumps Asia for R27bn windfall

By
Africaspoint Editorial

Aspen Pharmacare completed its R27 billion ($1.65 billion) sale of its Asia Pacific pharmaceutical business to Australian PE firm BGH…

Angola GDP growth 5.3 percent non-oil diversification Q1 2026Dangote Refinery IPO

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

Africa startup funding May 2026 $259 million Bima NALA LemFi fintech reboundAI

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

South Africa immigration xenophobia Ramaphosa March deportation crackdown 2026South Africa Infrastructure

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…

A stunning aerial view of Cape Town city lights at night against Table Mountain.
Africa gold mining JSE market cap 2026South Africa Afreximbank $8 billion country programme intra-African trade 2026

South Africa’s $8bn Afreximbank deal lands

Pharmacy medicine healthcare retail products shelf South Africa
Dis-Chem South Africa pharmacy healthcare expansion 2026 2027National Health Insurance South Africa universal healthcare

Dis-Chem accelerates with 34 new pharmacies

Africa tech ecosystem energy logistics fintech investment 2026South Africa Infrastructure

Yoco snaps up AI startup Dyner

Africa gold mining JSE market cap 2026Canal Plus JSE listing MultiChoice DStv South Africa June 2026

Canal Plus hits JSE June 3

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