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…

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…