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.
Bolt brings Chinese EVs to South Africa
Bolt has agreed a deal with China's Dongfeng Motor Group to deploy an EV fleet in South Africa starting in…
Gautrain takes on Uber with own app
Gautrain has launched Gau Express, an e-hailing service integrated with the rapid rail network that lets Gauteng commuters book rides…
South Africa’s pension fund buys Balwin
A PIC-led consortium has made a firm R2.26 billion ($130 million) offer to buy out Balwin Properties minority shareholders at…
Eskom hunts billions for nuclear plan
Eskom is in exploratory talks with the World Bank, the African Development Bank and commercial lenders for a nuclear programme…
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…