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 renewable solar power plant energy panels field green electricity
AfricaBusiness

Mulilo’s $884m solar push adds 716MW

By
Africaspoint Editorial

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

A stunning aerial view of Cape Town city lights at night against Table Mountain.
AfricaBusiness

South Africa’s $8bn Afreximbank deal lands

By
Africaspoint Editorial

South Africa joined Afreximbank on February 4, 2026, becoming the 54th member state and unlocking a $8 billion Country Programme…

Pharmacy medicine healthcare retail products shelf South Africa
AfricaBusiness

Dis-Chem accelerates with 34 new pharmacies

By
Africaspoint Editorial

Dis-Chem Pharmacies will open 34 new stores in its 2027 financial year as it accelerates its integrated healthcare platform strategy.…

AfricaBusiness

Yoco snaps up AI startup Dyner

By
Africaspoint Editorial

Yoco, South Africa's small-business payments company serving 200,000 merchants, has acquired Dyner.ai, an AI operating system for restaurants and independent…

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…

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

South Africa Sandton financial district banking towers Johannesburg investment
Africa gold mining JSE market cap 2026SARB repo rate cut 6.5 percent MPC South Africa May 2026

Standard Bank tops Africa at R517bn

South Africa coal mine heavy industry energy mining operations industrial
Africa gold mining JSE market cap 2026HCI Hosken Consolidated Investments earnings coal hotels JSE 2026

HCI lifts earnings 50% on coal boom

South Africa rand currency money banking financial monetary policy
SARB MPC repo rate decision South Africa 6.75 percent 2026SARB repo rate cut 6.5 percent MPC South Africa May 2026

SARB cuts repo to 6.5 percent

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