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.

South African takes charge of world’s biggest miner

KwaZulu-Natal-born Brandon Craig becomes CEO of BHP, the world's largest miner, on July 1. He joins fellow South Africans Natascha…

Showmax dies April 1, content moves to DStv Stream

MultiChoice has set March 31 as the final day of Showmax subscriptions, migrating content to DStv Stream after the platform…

Mastercard pays $1.8bn for South African fintech

Mastercard is acquiring BVNK, the stablecoin infrastructure company founded by three South Africans, for up to $1.8 billion — the…

Momentum doubles down on Southern Africa

Momentum Group is concentrating its Africa investment in Southern Africa, selling its Ghana and Zambia operations to double down on…

Egypt opens Africa’s longest monorail line

President Sisi inaugurated the 56.5km East Nile Monorail on March 20, connecting Cairo Stadium in…

Ghana’s lithium problem isn’t geology. It’s people.

Ghana's Ewoyaa lithium project is set to produce 3.6 million tonnes of spodumene concentrate over…

From Alexandra township to running Africa’s biggest bank

Mary Vilakazi grew up in Alexandra township, sold sweets for pocket money, financed her education…

All four SA banks are chasing Kenya

All four of South Africa's biggest banks are targeting Kenya simultaneously. Nedbank is buying NCBA.…