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

Eskom signs a landmark LNG deal

By
Africaspoint Editorial

Eskom and Zululand Energy Terminal signed a heads of agreement on June 5 for a long-term LNG supply partnership to…

A bustling city street with modern skyscrapers and vehicles at sunset, Gautrain Hotel visible.
AfricaBusiness

South Africa’s six-quarter growth run continues

By
Africaspoint Editorial

South Africa's GDP grew 0.5% quarter on quarter in Q1 2026, beating the 0.2% consensus forecast and extending the growth…

AfricaBusiness

Ramaphosa tightens immigration amid unrest

By
Africaspoint Editorial

President Ramaphosa announced a sweeping immigration crackdown in a June 7 national address, committing to tighter border controls, faster deportations…

Cape Town South Africa affordable housing urban development construction residential
AfricaBusiness

Salt River Market transformed into 970 homes

By
Africaspoint Editorial

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

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

HormuzKenya

Six pacts as Ruto visits Pretoria

South Africa pharmaceutical medicine pills capsules drug manufacturing industrial
Africa gold mining JSE market cap 2026Aspen Pharmacare R27 billion APAC sale BGH Capital Stephen Saad JSE 2026

Aspen dumps Asia for R27bn windfall

South Africa renewable solar power plant energy panels field green electricity
Africa clean energy solar power investment boom 2026Eskom capex plan South Africa electricity 2026

Mulilo’s $884m solar push adds 716MW

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

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