Tag: South Africa

South Africa manganese export terminal planned at Ngqura port
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Top manganese producers consider bid for new South Africa export hub 

South Africa’s largest manganese producers are planning a joint bid to build a new export terminal at the Port of Ngqura

Timilehin Adejumobi Timilehin Adejumobi
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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, and broader regional markets.

Omokolade Ajayi Omokolade Ajayi
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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 and inflation in South Africa.

Omokolade Ajayi Omokolade Ajayi
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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 after court disrupts Eskom-linked plans.

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

South African tycoon Tshepo Mahloele leads Harith with $3 billion in African infrastructure and energy investments.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

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 11,400 jobs, and boost $4.77 billion in exports.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Over 400 Nestlé employees in South Africa face layoffs

Nestlé starts layoffs in South Africa, part of a global restructuring affecting 16,000 jobs to boost performance and efficiency.

Omokolade Ajayi Omokolade Ajayi
African Rainbow Minerals profit
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South African billionaire Patrice Motsepe returns to Forbes top 1,000 richest

South African billionaire Patrice Motsepe returns to Forbes 1,000 richest after $300 million mining surge and fintech growth.

Omokolade Ajayi Omokolade Ajayi
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South Africa’s Octodec to sell Killarney Mall for $25 million

Octodec agrees to sell Killarney Mall in Johannesburg for $25 million, reshaping its property portfolio and freeing capital.

Omokolade Ajayi Omokolade Ajayi
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WeBuyCars holds off on new vehicle sales despite market growth

WeBuyCars focuses on used vehicles despite South Africa’s new car sales surge, prioritizing systems and customer experience.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Days after Spar exit call, South African retail leader Angelo Swartz cites family as priority

South African retail leader Angelo Swartz steps back from Spar to focus on family and oversee a smooth leadership transition.

Omokolade Ajayi Omokolade Ajayi
Hot NewsTechnology

Elon Musk, South Africa clash deepens over Starlink, 14,000 users at risk

Starlink dispute in South Africa deepens as 14,000 users risk service cutoff amid regulatory standoff.

Omokolade Ajayi Omokolade Ajayi