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.
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…
AngloGold is now Africa’s biggest company
AngloGold Ashanti has overtaken Naspers as Africa's most valuable listed company after its market capitalisation crossed $50 billion, driven by…
SA wins first IFC rand loan
The IFC and Citi have signed a R1.6 billion ($98 million) rand borrowing facility that gives the World Bank's private-sector…
