South Africa

South Africa

Sub-Africa’s First Fast Rail, South Africa’s 2030 Bet

Egypt is also investing heavily in rail modernization. The country is constructing a large high speed rail network with support from Siemens. The planned system will cover around two thousand kilomete

Mar 22, 2026
Companies
Eskom's Coal Partner Rides High on Power Grid Recovery, Posts Strong Earnings

The renewed focus on fossil fuels as a stable energy source amid global and domestic pressure has helped strengthen both Eskom’s performance and Salungano’s earnings. With higher coal production and

 Mar 20, 2026
Companies
Foschini Reports Mixed Performance as Geopolitical Risks Weigh on International Operations

The company’s focus on integrating online and offline retail provides an edge over traditional rivals. However, like many of its competitors, TFG has been impacted by the broader inflationary environm

 Mar 20, 2026
Zimbabwe
South Africa's Inflation Hits a Decade Low But the Fuel Shock That Arrives Next Will Test Everything

A rand that depreciates meaningfully against the dollar would quickly convert the international oil price shock into a domestic fuel shock of the kind that pushed South African inflation to 7.8% at it

 Mar 19, 2026
Companies
Orion Minerals Completes Okiep Copper Acquisition as Northern Cape Copper Belt Revival Takes Shape

South Africa's Northern Cape is geologically part of the same Proterozoic tectonic system that hosts those world-class deposits, though its copper endowment has historically been smaller-scale and mor

 Mar 18, 2026
Zimbabwe
PPC Zimbabwe Delivers Record Dividends as Foreign Capital Rethinks the Market

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

 Mar 18, 2026
Companies
BHP Names Brandon Craig as Next CEO as Mike Henry Exits After Six-Year Transformation

BHP's Chair Ross McEwan said Craig's appointment followed a formal succession process and described the incoming CEO as an executive whose discipline and focus would continue to drive the company's hi

 Mar 18, 2026
Tongaat Hulett Liquidation Hearing Set for 16 April as Voermol Rescue Plan Hangs in Balance

Tongaat Hulett Developments Proprietary Limited, which holds property development assets, operates under a separate rescue plan adopted in May 2023 and is expected to continue unaffected by the THL pr

Mar 17, 2026
Old Mutual Zimbabwe Costs Group R1.5 Billion in Earnings as Currency Transition Bites

Old Mutual excludes Zimbabwe from the key performance indicators it uses to manage the group, citing barriers to accessing capital through dividends. This means that the group's reported return on net

Mar 17, 2026
Old Mutual Posts 24% Earnings Jump slightly inflated by Malawi

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

Mar 17, 2026
Mozambique's Mozal Aluminium Shuts Down After Six Years of Failed Power Negotiations

The care and maintenance designation preserves the option of a restart if circumstances change sufficiently. The honest assessment of how often care and maintenance translates back into production in

Mar 16, 2026

Sun International Delivers on Its Promise as Sunbet Now Earns More Than GrandWest

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

Mar 16, 2026

MTN Group Turns the Corner With Nigeria Leading a R27.4 Billion Profit Reversal

MTN Nigeria's 5G rollout is still in capital deployment phase. The financials reflect ongoing work-in-progress investment in network infrastructure, but the foundations being laid now will shape compe

Mar 16, 2026

Rupert’s Investment Machine Delivers Again as Remgro Warns Earnings Surge

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

Mar 13, 2026

South Africa's Historic Account Surplus: Fragile or Formidable?

South Africa's current account balance delivered a striking reversal in the fourth quarter of 2025, swinging from a revised deficit of R72 billion in the third quarter to a surplus of R50.2 billion, t

Mar 12, 2026

Sanlam’s New Business Slips as Clients Shift Products and Distribution Resets Bite

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

Mar 12, 2026

Woolies Appoints First Black CEO as Veteran Insider Sam Ngumeni Takes the Helm

The restructuring also created room for new strategic initiatives. During the period, Woolworths expanded through targeted acquisitions such as Absolute Pets and launched the Woolworths Ventures platf

Mar 12, 2026

South Africa's Economy Grew in 2025, But Not Enough

South Africa closed 2025 with GDP growth of 1.1%, a number that is, depending on how you look at it, either a modest step forward or a stark reminder of how far the country still has to go. The coali

Mar 11, 2026

Cape Town Is Eating Everyone's Lunch and South Africa's Biggest Landlord Just Proved It

This morning, Growthpoint Properties, South Africa's largest listed property company released its interim results for the six months to December 2025. Tucked in these numbers is a vivid portrait of a

Mar 11, 2026