South Africa
Business, investment and infrastructure from South Africa, with the deals, numbers and policy shifts that move the market.
Latest from South Africa
EU’s steel tariff hits South Africa
The EU’s new steel import framework took effect July 1, imposing annual quotas with a 50% tariff on volumes above the thresholds, under regulation 2026/1384 published June 24. Quotas are allocated by product category…
South Africa’s fiscal turnaround gathers pace
South Africa’s National Treasury reported a primary budget surplus of R86.7 billion (1.1% of GDP) for 2025/26, exceeding the 0.9% Budget estimate…
South Africa’s June 30 shutdown arrives
Anti-immigration protesters marched across South Africa’s major cities on June 30, the deadline set by the March and March movement for undocumented…
South Africa braces for June 30
South Africa’s police service has activated joint operations in all nine provinces at a projected cost of R600 million ahead of the June 30 national…
DStv sets World Cup streaming record
DStv Stream recorded over 900,000 concurrent viewers for South Africa’s opening World Cup 2026 match against Mexico on June 12, nearly double its…
Stop checking passports, SA minister warns
South Africa’s Justice Minister Mmamoloko Kubayi warned at an Inter-Ministerial Committee on Migration briefing on June 14 that private citizens…
Eskom creates Green arm for renewable future
Eskom launched Eskom Green on June 10, a new separate renewable energy platform targeting mining and manufacturing companies with long-term clean…
MTN launches a R30 streaming service
MTN launched MTN One TV on June 9, entering the African streaming market with a pricing range from free to R30 per month, targeting consumers priced…
Eskom signs a landmark LNG deal
Eskom and Zululand Energy Terminal signed a heads of agreement on June 5 for a long-term LNG supply partnership to fuel Eskom’s planned 3,000MW…
South Africa’s six-quarter growth run continues
South Africa’s GDP grew 0.5% quarter on quarter in Q1 2026, beating the 0.2% consensus forecast and extending the growth run to six consecutive…
Ramaphosa tightens immigration amid unrest
President Ramaphosa announced a sweeping immigration crackdown in a June 7 national address, committing to tighter border controls, faster…
Salt River Market transformed into 970 homes
Cape Town’s Salt River Market site was formally handed to developer Communicare on June 8 after more than a decade in planning, enabling 970…
Fitch rewards South Africa’s fiscal discipline
Fitch Ratings upgraded South Africa from BB minus to BB on June 5, the first upward rating action in 21 years. South Africa is only the second G20…
Six pacts as Ruto visits Pretoria
President Ruto’s June 4 state visit to South Africa yielded six bilateral agreements covering trade facilitation, skills development and maritime…
Aspen dumps Asia for R27bn windfall
Aspen Pharmacare completed its R27 billion ($1.65 billion) sale of its Asia Pacific pharmaceutical business to Australian PE firm BGH Capital on May…
Mulilo’s $884m solar push adds 716MW
Mulilo Renewable Energy pledged nearly R15 billion ($884 million) at the South Africa Investment Conference on March 31, 2026, to build three…
South Africa’s $8bn Afreximbank deal lands
South Africa joined Afreximbank on February 4, 2026, becoming the 54th member state and unlocking a $8 billion Country Programme targeting…
Dis-Chem accelerates with 34 new pharmacies
Dis-Chem Pharmacies will open 34 new stores in its 2027 financial year as it accelerates its integrated healthcare platform strategy. The expansion…