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.
Ramaphosa: high-profile arrests are coming
Ramaphosa told an ANC event that high-profile corruption arrests are imminent, that the NPA is actively working its caseload, and…
South Africa kills tourist visa scheme for ETA
South Africa plans to phase out the Trusted Tour Operator Scheme and absorb it into a broader Electronic Travel Authorisation…
43% of South Africa’s youth have no job
South Africa's youth unemployment hit 43.8% in Q1 2026. A Mail and Guardian analysis makes the case for the proposed…
Ford builds Mandela-signed truck for children
IN SHORT: Ford Motor Company of Southern Africa has donated a one-of-a-kind Ford Ranger Wildtrak X bearing Nelson Mandela's authorised…
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…