Tag: South Africa

Pepkor Building
BusinessHot News

South Africa’s Pepkor to acquire controlling stake in fintech platform in $738.5 million deal

Pepkor fintech merger with Shop2Shop creates a digital payments leader, accelerating financial services across South Africa's informal economy.

Timilehin Adejumobi Timilehin Adejumobi
Irene Link mixed-use development
BusinessLuxury

South Africa’s Centurion adds new offices as Irene Link development expands

Centurion’s Irene Link expansion adds 5,700m² of office space as demand rises for mixed-use developments in one of Gauteng’s fastest-growing hubs.

Oluwatosin Alao Oluwatosin Alao
World-Bank
BusinessHot News

World Bank approves $1.5 billion for South Africa’s infrastructure push

South Africa has secured a $1.5 billion World Bank loan to speed up reforms across its electricity, transport, water and sanitation sectors, strengthening infrastructure that the government says could support nearly 600,000 jobs by 2032 and help lift economic growth. The financing, provided through the International Bank for Reconstruction and Development (IBRD), marks the fourth stand-alone operation approved for South…

Timilehin Adejumobi Timilehin Adejumobi
BYD eyes South Africa battery plant as EV push gains pace across Africa
BusinessHot News

BYD eyes South Africa battery plant as EV push gains pace across Africa

BYD is exploring a South Africa battery plant as it expands EV sales, dealership growth and local manufacturing backed by new financing and policy support.

Oluwatosin Alao Oluwatosin Alao
Sun-Pharma
BusinessGlobal News

Sun Pharma wins South Africa approval to launch generic Ozempic rival    

Sun Pharma wins South Africa approval for generic Ozempic, expanding access to lower-cost diabetes treatment.

Timilehin Adejumobi Timilehin Adejumobi
South Africa's Mintek
BusinessTechnology

South Africa’s Mintek targets global flotation research leadership

Mintek is expanding flotation research to improve mineral recovery, boost sustainable mining and strengthen its position as a global mining innovation leader.

Oluwatosin Alao Oluwatosin Alao
Woolworths South Africa
BusinessTechnology

Woolworths South Africa launches AI platform to improve customer experience

Woolworths South Africa launches My Woolies Chef, an AI-powered assistant that helps customers plan meals, discover recipes and shop smarter.

Oluwatosin Alao Oluwatosin Alao
L-R: Patrice Motsepe, Michiel Le Roux, and Koos Bekker
BillionairesBusinessHot News

Michiel Le Roux overtakes Motsepe, Bekker to become South Africa’s third-richest billionaire

Michiel Le Roux hits a $3.7 billion net worth, overtaking Patrice Motsepe and Koos Bekker to become South Africa's third-richest billionaire.

Omokolade Ajayi Omokolade Ajayi
Limpopo to get $306.5 million academic hospital to improve specialist care
Hot NewsGlobal News

Limpopo to get $306.5 million academic hospital to improve specialist care

Limpopo's R5 billion ($306.5 million) academic hospital will expand specialist healthcare, medical training and public health services by 2028.

Oluwatosin Alao Oluwatosin Alao
South Africa's Lowveld Mall
BusinessTourism

South Africa’s Lowveld Mall unveils $4.9 million upgrade near Kruger National Park

Lowveld Mall near Kruger National Park completes a $4.9 million upgrade, adding new retail, entertainment and community spaces in Mpumalanga.

Oluwatosin Alao Oluwatosin Alao
South Africa’s shale gas ambitions face new risks after fault discovery
BusinessHot News

South Africa’s shale gas ambitions face new risks after fault discovery

South Africa’s shale gas plans face fresh scrutiny after scientists discover a fault system in the Karoo Basin linked to potential seismic risks

Oluwatosin Alao Oluwatosin Alao
South Africa's Edgars plans 50 new stores in major comeback
BusinessLuxury

South Africa’s Edgars plans 50 new stores in major comeback

South African retail giant Edgars plans 50 new stores after a major turnaround, marking a comeback for the 97-year-old fashion and beauty brand.

Oluwatosin Alao Oluwatosin Alao