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.

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…

AfricaBusiness

Canal Plus hits JSE June 3

By
Africaspoint Editorial

Canal Plus will list on the Johannesburg Stock Exchange on June 3, 2026 under code CNP, becoming the first French…

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…

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

Stunning architectural detail of Cape Town City Hall, showcasing its remarkable design.
SARB MPC repo rate decision South Africa 6.75 percent 2026South Africa Infrastructure

South Africa’s rate decision lands Thursday

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