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.
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…
BlackRock’s $28bn South Africa bet grows
BlackRock's Global Infrastructure Partners chairman Adebayo Ogunlesi disclosed at a Cape Town summit that BlackRock manages $28 billion in South…
South Africa’s debt has peaked: Moody’s confirms the turn
Moody's confirmed South Africa's general government debt peaked at 86.8% of GDP in 2025 and will decline to 84.9% by…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…