Tag: South Africa

Surging oil prices put South Africa’s fragile recovery at risk

Brent above $100 raises inflation and growth risks for South Africa as…

Omokolade Ajayi Omokolade Ajayi

South African billionaire Patrice Motsepe to receive $27.1 million dividend

Patrice Motsepe will receive $27.1 million as African Rainbow Minerals pays a…

Omokolade Ajayi Omokolade Ajayi

Naspers shares rise after 20% slump, market cap hits $44 billion

Shares of Naspers rebound after a 20 percent slump, lifting market value…

Omokolade Ajayi Omokolade Ajayi

South Africa’s economy grows fastest in three years amid reforms

South Africa’s GDP grew 1.1 percent in 2025, its fastest pace in…

Omokolade Ajayi Omokolade Ajayi

Absa, South Africa’s third-biggest lender, boosts headline earnings to $1.52 billion

Absa’s headline earnings rise 12% to $1.52 billion, driven by stronger client…

Omokolade Ajayi Omokolade Ajayi

South African billionaire Patrice Motsepe’s net worth drops below $4 billion

South African billionaire Patrice Motsepe’s net worth falls below $4 billion after…

Omokolade Ajayi Omokolade Ajayi

Top manganese producers consider bid for new South Africa export hub 

South Africa’s largest manganese producers are planning a joint bid to build…

Timilehin Adejumobi Timilehin Adejumobi

FirstRand tops Capitec as Africa’s most valuable lender, eyes Ghana and Nigeria

FirstRand surpasses Capitec as Africa’s top lender, targeting growth in Ghana, Nigeria,…

Omokolade Ajayi Omokolade Ajayi

Oil at $85 boosts Nigeria, Angola but pressures South Africa’s economy

Oil at $85 boosts Nigeria and Angola’s revenues but raises fuel costs…

Omokolade Ajayi Omokolade Ajayi

South Africa’s $1 billion LNG terminal delayed to 2028 after court disrupts plans

South Africa’s $1 billion LNG terminal at Richards Bay delayed to 2028…

Omokolade Ajayi Omokolade Ajayi

Tshepo Mahloele: South African tycoon behind $3 billion pan-African investment firm

South African tycoon Tshepo Mahloele leads Harith with $3 billion in African…

Omokolade Ajayi Omokolade Ajayi

South Africa cuts Eskom tariffs to revive chrome jobs, boost $4.77 billion exports

South Africa cuts Eskom tariffs for ferrochrome, aiming to restore smelters, create…

Omokolade Ajayi Omokolade Ajayi