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.

Bolt is now legal in South Africa

Bolt South Africa has become the first major ride-hailing platform to register under the country's new e-hailing regulatory framework, receiving…

JSE Up 44% in a Year. BofA Says the Run Is Not Over Yet.

Bank of America says South Africa's record stock market run has further to go, driven by gold up 86%, platinum…

South Africa’s Data Hosting Shift Turns Compliance Into Strategy

South Africa's tightening data governance framework, led by POPIA and the National Cloud and Data Policy, is pushing businesses from…

Karooooo Billionaire Calisto Moves Into Car Insurance

South Africa's Competition Commission has backed Karooooo billionaire Zak Calisto's bid to buy into King Price insurer via two acquiring…

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.…