South Africa

TotalEnergies is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity.  The French explorer proposes to drill one well, which could …

South African Breweries (SAB) has launched a new logo which the company says represents its positive outlook for the country, with its CEO optimistic about local prospects – even as …

South African cryptocurrency market maker Ovex has cancelled and removed FTX as a juristic representative, cutting off the international exchange’s access to its local Financial Service Provider (FSP) license. “FTX …

Twitter’s new owner Elon Musk on Tuesday postponed the relaunch of the site’s paid subscription service after a first attempt saw an embarrassing spate of fake accounts that scared advertisers. …

Shares of JSE-listed grocery chain Spar slumped on Wednesday, after it reported muted operating profit growth for its year to end-September, hit by surging costs including for fuel and promotions, …

Eskom’s general executive for generation, Rhulani Mathebula, has resigned from his position and will leave the utility at the end of November 2022. Eskom chief operating officer Jan Oberholzer announced …

Prosus gave up its stake in Russia’s largest social network for nothing, walking away from a company run by an executive under US sanctions.  VK sold the shares acquired from …

SA’s largest mobile operator Vodacom, which has been battling power challenges and the effects of rising inflation, says it spent a record R5.8 billion on its local network in its …

While Samsung is the most dominant smartphone brand in South Africa, companies like Honor, Oppo, and Xiaomi have recently released flagship handsets they hope will help them compete with the …

The Passenger Rail Agency of South Africa (Prasa) has suspended its chief information officer, David Mphelo, in the wake of claims that he was involved in “irregularities in recruitment and …