Business News in South Africa

Fuel prices diverge across West Africa over Iran war

Varying fiscal policies have left some countries’ fuel prices double the level of their neighbors’.

DR Congo and Angola sign new Lobito deal

The Lobito Corridor links mineral-rich DR Congo and Zambia to Angola’s Atlantic ports.

Economic ‘doom loop’ threatens Johannesburg, report says

The city is “living off a fiscal fiction,” said the Centre for Development and Enterprise think tank.

South Africa Set to Lift Sugar-Benchmark Price to Shield Growers

South Africa will raise the benchmark price that’s used to calculate duties on sugar imports, a move long-sought by domestic producers like Associated British Foods Plc’s local ...

South African Miners Are Rallying Again, Set for Best Month Ever

A gauge of returns on South African precious-metal mining stocks is on track for its biggest monthly jump in at least two decades as gold and platinum prices recover from a stee...

Dangote Family Office Prepares For 2027 Ramp Up

The family office of Aliko Dangote will ramp up operations in 2027 as it prepares to become an investment hub for his companies, according to his daughter Halima Dangote. She sp...

Flour & Fetty's Mashup Brings South African Curry to Polaris Pasta Bar

Flour Modern Pasta Bar and Fetty's Street Food are merging into one Polaris Fashion Place spot blending handmade noodles with global street food.

South Africa Sees 2026 Wheat Harvest at Smallest Since 2019

South Africa will likely reap the smallest wheat crop since 2019 this year, with a government body expecting output to drop 7.5% from a year earlier.

South African platinum miner Northam courts bidders

A takeover of the company would mark a major shake-up in the country’s mining sector.

Telecoms giant MTN seeks banking licenses across Africa

The strategy ramps up competition among Africa’s financial institutions for a growing customer base.

Zimbabwe’s Economic Turnaround Breaks With the Past

Citigroup suggests the Southern African nation may be on a path to breaking from its past of economic instability, under the International Monetary Fund's watch. The nation's tu...

Multibillion-dollar Tanzania LNG project more attractive due to Middle East war, Equinor says

Odd Lots: What’s Driving Africa’s Economic Growth?

Africa has seen lots of economic growth in the last few years. According to the United Nations, growth across the continent is expected to reach 4.0% in 2026. Joe Studwell, aut...

South Africa’s Rand, Bonds Gain as Auction Draws Strong Demand

South Africa’s rand strengthened to a six-month high against the dollar and bonds rallied after an auction of government debt attracted the strongest demand in almost three months.

Northam Platinum Soars After Approach by Rival Producer

Northam Platinum Holdings Ltd. jumped after disclosing that it’s received an unsolicited approach from a “major producer” of platinum-group metals in South Africa.

20+ Best Bitcoin & Crypto Casinos South Africa: Top Picks Reviewed

In this guide, we’ve curated the top crypto casinos available to South African players, focusing on those that offer excellent ZAR support, region-specific bonuses, and game sel...

Tsingshan May Triple Output at its Zimbabwe Steel Plant

Tsingshan Holding Group Co. is considering as much as tripling output at a Zimbabwe steel plant it started in 2024, an expansion that could add to pressure on South Africa’s str...

Africa's electricity access gap persists amid investment shortfall

While access to electricity has increased in the past decade, nearly 600 million people remain without power.

Dangote offers East African countries a 30% stake in new refinery

The prospective 700,000 barrels-a-day oil site will cost the Dangote Group more than $15 billion to build.

Zambia’s Bond Sale Draws Robust Demand After Hichilema Wins Vote

Zambia’s borrowing costs fell in the first bond auction since this month’s elections as investors bet that political continuity will bolster the prospects of Africa’s second-big...