Malaysia’s largest home improvement retailer, MR.DIY, has officially entered the South African market with the opening of its flagship store at Menlyn Mall in Pretoria. The new outlet, which opened …
South Africa
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AfricaBusinessEconomyManufacturing & Consumer GoodsMarketsSouth Africa
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BusinessEconomyINVESTMENTPoliciesSouth AfricaTrade and Commerce
South African Business Confidence Improves Slightly in May Amid Strong Rand and Commodity Rally
Business confidence in South Africa picked up modestly in May, rebounding from a sharp decline in April, according to data released by the South African Chamber of Commerce and Industry …
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AFRICA NEWSELECTRICITYSouth Africa
Severe cold front brings widespread disruption across South Africa.
A very strong cold front has hit parts of South Africa since the weekend, bringing with it heavy snowfall, powerful winds, and rain that caused serious damage in many communities. …
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BusinessDevelopmentInfrastructureMarketsNewsSouth AfricaTelecommunications
Telkom Resumes Dividend After Four-Year Break as Profit Surges 62%.
South African telecommunications giant Telkom has returned to the dividend table after a four-year hiatus, following a strong performance that saw full-year headline earnings jump by 62.3%. The company, which …
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EconomyGOVERNMENTMarketsPoliticsSouth Africa
Rand Edges Up as South African Parliament Prepares Budget Vote.
The South African rand opened slightly stronger on Wednesday morning as anticipation built around a crucial parliamentary vote on key budget legislation that could shape investor confidence and influence local …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTInternational RelationsMarketsPoliciesSouth Africa
South African’s Rand Steady as Global Markets Await U.S.-China Trade Talks
JOHANNESBURG, South Africa – June 9, 2025: The South African rand opened the week on a quiet note, holding steady against the U.S. dollar in early trading on Monday. The …
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BusinessEconomyEnergyGlobal NewsGOVERNMENTInfrastructureINVESTMENTSouth Africa
Transformation Is Key to South Africa’s Economic Growth – BLSA CEO
Chief Executive Officer of Business Leadership South Africa (BLSA), Busisiwe Mavuso, has said that South Africa’s economic future depends heavily on transformation and continuous reforms. She made this known in …
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Banking, Finance & InvestmentBusinessFinance & ServicesInnovationINVESTMENTSouth AfricaTechnology
Capitec Becomes South Africa’s Biggest Bank by Market Value, Overtakes Standard Bank
Capitec Bank has overtaken some of South Africa’s oldest and biggest financial institutions to become the country’s most valuable bank by market capitalisation. The bank, which was founded in 2001 …
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EconomyGOVERNMENTMarketsPoliciesSouth Africa
South African Rand Strengthens Ahead of Budget Debate as Economic Signals Improve
The South African rand firmed slightly on Wednesday morning, gaining momentum ahead of a crucial parliamentary debate on the long-awaited national budget. By 07:30 GMT, the rand was trading at …
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AfricaBusinessDevelopmentEconomyEntrepreneurshipInnovationMarketsSouth Africa
African Brands Work to Win Back Local Customers from Foreign Companies
Many African brands are now making efforts to regain the trust and loyalty of African consumers who have for years preferred foreign brands. Across the continent, foreign products from Europe, …