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.

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

Fitch rewards South Africa’s fiscal discipline

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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

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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

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Africaspoint Editorial

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

South Africa renewable solar power plant energy panels field green electricity
AfricaBusiness

Mulilo’s $884m solar push adds 716MW

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Africaspoint Editorial

Mulilo Renewable Energy pledged nearly R15 billion ($884 million) at the South Africa Investment Conference on March 31, 2026, to…

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…

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

Luxury jewellery watches gold display elegant craftsmanship Richemont Cartier
Africa gold mining JSE market cap 2026Richemont Johann Rupert Cartier FY2026 results luxury 2026

Rupert’s Richemont posts record $26bn sales

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