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.
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…
Pick n Pay sells its crown jewel
Pick n Pay raised R4.7 billion ($282 million) by selling a further 12.5% stake in Boxer Retail through an accelerated…
