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.
SARB cuts repo to 6.5 percent
South Africa's MPC cut the repo rate by 25 basis points to 6.5% on May 29, effective May 30, resuming…
South Africa’s rate decision lands Thursday
South Africa's MPC meets May 28-29 to decide whether to cut the repo rate from 6.75% or hold for a…
South Africa’s Starlink law fight escalates
South Africa's Communications Minister Solly Malatsi announced plans to amend the Electronic Communications Act to embed Equity Equivalent Investment Programmes…
South Africa’s NHI loses in ConCourt
South Africa's Constitutional Court struck down the Certificate of Need provisions in the National Health Act on May 18, removing…
Newsletter
US-Iran truce sends oil crashing
A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…
MTN’s MoMo is going super app
MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…
AfDB backs Arua airport in Uganda
The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…
South Africa braces for June 30
South Africa's police service has activated joint operations in all nine provinces at a projected…