South Africa

African Development Bank (AfDB) president Dr Akinwumi Adesina says the development finance institution is ready to support South Africa’s transition from coal to renewable energy and announced that a just energy transition facility was being …

Johannesburg, South Africa’s biggest city, needs R26 billion rand to stabilize power supply, Mayor Mpho Phalatse said. However, the city only has R7.7 billion for a budget that includes other …

The U.S. government has announced the extradition of a Nigerian, Chibundu Anuebunwa, a suspect accused of a multi-million dollar business email compromise scam. Mr Anuebunwa was extradited from the United …

South Africa’s rand was little changed on Friday, holding on to most of the gains made in the previous session after the central bank announced its biggest rise to the …

After the credit rating agency Moody’s upgraded South Africa’s outlook last month, S&P Global has now also improved its outlook to “positive” from “stable”. This was thanks in large part …

Three construction firms in South Africa accused of inflating the cost of building a stadium in Cape Town for the 2010 football World Cup have agreed to pay the city’s …

South African mobile operator MTN Group MTNJ.J said on Friday first quarter pretax profit rose 21.1% year-on-year, supported by service revenue growth amid demand for data and financial services. MTN, with 276 …

On Wednesday, The Rock; The biggest white diamond ever auctioned was sold for a hammer price of 18.6 million Swiss francs ($18.8 million) far short of the record for such …

CEO Fenty beauty, Robyn Rihanna Fenty has announced that her Fenty Beauty and Fenty Skin products will become available in eight African countries from the end of this month. In …

A new wave of the coronavirus driven by two new Omicron sub-variants in South Africa has led to more than 50% increase in infections in 24 hours. According to official …