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.

FirstRand dumps UK bank after $993m car loan hit

South Africa's FirstRand will exit UK bank Aldermore after raising motor loan provisions to £750m ($993m), more than a decade…

South Africa pulls record $53bn in one day

South Africa's 2026 Investment Conference closed with a record R889.8bn ($53bn) in pledges across 81 projects. Ramaphosa raises five-year target…

South Africa gets only 1% of global mining spend

South Africa attracts just 1% of global mineral exploration spend despite world-class reserves. Anglo American's R600m injection brings the Junior…

Cape Town turns rubbish into power for 4,300 homes

Cape Town's R93 million landfill methane plant powers 4,300 homes, feeds 1.2 million kWh monthly into the city grid, and…