Tag: South Africa

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Tsogo Sun buyback tops $14 million as shares fall 33% on JSE

Tsogo Sun repurchases $14.1 million in shares amid 33% stock decline, maintaining…

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Unemployment in South Africa falls to lowest level since 2020

South Africa’s unemployment rate drops to 31.4 percent in fourth quarter 2025,…

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South Africa fast-tracks $3 billion Durban LNG power plant

South Africa accelerates a $3 billion Durban LNG plant, combining power generation,…

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Patrice Motsepe steps down from ARM executive duties under new JSE rules

South African billionaire Patrice Motsepe steps down from ARM executive role, stays…

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Africa’s oldest billionaire hits $10.4 billion after $1.55 billion bid fails

Natie Kirsh adds $734 million in 2026, pushing Africa’s oldest billionaire to…

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Vukile targets more Spain, South Africa deals after $127 million Berceo mall buy

Vukile expands in Spain and South Africa after $127 million Berceo mall…

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Africa’s first Black billionaire recovers $100 million after $400 million drop

Africa’s first Black billionaire Patrice Motsepe rebounds $100 million after a $400…

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Thousands of jobs at risk as South Africa’s Tongaat Hulett faces liquidation

Thousands of jobs are at risk as South African sugar producer Tongaat…

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South Africa’s richest man Johann Rupert gains $900M; net worth rises to $19.1B

South Africa’s Johann Rupert sees fortune rebound by $900 million, lifting his…

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Hyprop sells half of Woodlands Boulevard for $49.6 million, keeps stake for future growth

Hyprop sells half of Woodlands Boulevard for $49.6 million while keeping a…

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South Africa’s Eskom gets $3.4 billion boost from revised electricity tariffs

South Africa’s Eskom gains $3.4 billion from tariff correction, boosting finances and…

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Discovery acquires Sandton head office for $252.7 million, cancels Phase 2 lease

Discovery acquires 1 Discovery Place for $252.7 million, cancels Phase 2 lease,…

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