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.
SA startup raises $5.2m for AI TB stethoscope
Cape Town's AI Diagnostics raised $5.2 million to scale its Ostium AI-powered digital stethoscope, which screens for tuberculosis by analysing…
Ramaphosa offers Starlink a BEE workaround
President Ramaphosa offered Starlink an equity-equivalence compliance path on April 15, but SA's telecoms licensing rules require specific regulatory changes…
ADNOC eyes Shell’s 600 SA fuel stations for $1bn
ADNOC is in advanced talks to acquire Shell's 600 South Africa fuel stations for about $1 billion, ending 120 years…
SA airports open door to private concessions
South Africa's ACSA is exploring private sector concession models for its airport network as part of a R21.7 billion upgrade…
Newsletter
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…