Tag: South Africa

South African rand gains more than 11% against U.S. dollar in two months

South Africa’s rand surges 11.2% in two months as investor confidence grows, budget progress signals political stability, and business activity hits 4-year high.

Omokolade Ajayi Omokolade Ajayi

Africa’s largest private education provider, ADvTECH enters Ghana as valuation nears $1 billion

ADvTECH opens Rosebank International in Ghana, marking its first tertiary expansion outside South Africa amid rising enrolments.

Feyisayo Ajayi Feyisayo Ajayi

Naspers becomes Africa’s first $50 billion company

Naspers hits $50 billion valuation, driven by Tencent gains, AI momentum, and e-commerce profits—marking a historic first for an African-listed company.

Omokolade Ajayi Omokolade Ajayi

Top 5 African countries dominating global music chart

Afrobeats, Amapiano, and highlife rhythms are no longer regional sounds—they're global exports reshaping the international music industry.

Oluwatosin Alao Oluwatosin Alao

Portside Tower: Cape Town’s tallest building, linked to FirstRand

Portside Tower, Cape Town’s tallest, blends sustainability and business as FirstRand’s regional hub with a 5-Star Green Star rating.

Omokolade Ajayi Omokolade Ajayi

Why South Africa has surged past Nigeria as Africa’s biggest fuel importer

South Africa overtakes Nigeria in fuel imports as Dangote’s refinery cuts dependence, reshaping Africa’s energy future and boosting Nigeria’s industrial self-sufficiency.

Omokolade Ajayi Omokolade Ajayi

SASSA moves disability grant bookings online, investigates 210,000 suspected double-dippers

SASSA launches online disability grant bookings targeting 210,000 suspected double-dippers amid fraud probes and payment delays.

Omokolade Ajayi Omokolade Ajayi

FirstRand tops Capitec to become Africa’s most valuable bank

With a market cap of $22.9 billion, FirstRand overtakes Capitec as Africa’s most valuable bank, driven by strong earnings and disciplined management.

Omokolade Ajayi Omokolade Ajayi

Royal Malewane: South Africa’s most exclusive safari lodge

Royal Malewane in South Africa redefines luxury safaris with elite guides, lavish suites, gourmet dining, and bespoke wildlife experiences in Thornybush Reserve.

Feyisayo Ajayi Feyisayo Ajayi

Top 15 most valuable companies in Africa

South African giants dominate a fresh list of Africa’s top firms by market value, led by tech investor Naspers and banking powerhouses like FirstRand.

Feyisayo Ajayi Feyisayo Ajayi

South Africa breaks ground on $1 billion Smart city project

At a Glance: South Africa has officially broken ground on Bankenveld District City, a nearly $1 billion smart city development poised to transform the urban fabric of northern Johannesburg.  Estimated at R18 billion ($997 million), the project is led by the leading property-related investment company Calgro M3 and Momentum’s Eris Property Fund, combining affordable housing with next-generation infrastructure and commercial…

Timilehin Adejumobi Timilehin Adejumobi

Africa’s tourism soars as Morocco, South Africa lead surge

Africa's tourism is booming with Morocco and South Africa leading the charge, driven by major investments, sporting events, and global brand expansion.

Timilehin Adejumobi Timilehin Adejumobi