South Africa

Markets

Woolies Appoints First Black CEO as Veteran Insider Sam Ngumeni Takes the Helm

The restructuring also created room for new strategic initiatives. During the period, Woolworths expanded through targeted acquisitions such as Absolute Pets and launched the Woolworths Ventures platf

Mar 12, 2026
South Africa
South Africa's Economy Grew in 2025, But Not Enough

South Africa closed 2025 with GDP growth of 1.1%, a number that is, depending on how you look at it, either a modest step forward or a stark reminder of how far the country still has to go. The coali

 Mar 11, 2026
Markets
Cape Town Is Eating Everyone's Lunch and South Africa's Biggest Landlord Just Proved It

This morning, Growthpoint Properties, South Africa's largest listed property company released its interim results for the six months to December 2025. Tucked in these numbers is a vivid portrait of a

 Mar 11, 2026
Markets
From the Brink to the Bounce- The Quiet Metair Comeback

Companies like Metair, unglamorous, unloved by retail investors, too complicated for a quick summary, are the connective tissue that keeps that sector alive. When Metair fixes its balance sheet, it pr

 Mar 11, 2026
Companies
Sun International Cautions Strong Earnings Jump as Digital Surge Offsets Land-Based Pressures

The collapse of the proposed R7.3 billion acquisition of Peermont, a rival casino group, after regulatory delays, has also freed up capital. Bengtsson has signalled the group will reassess its capital

 Mar 09, 2026
Companies
Santam Steps onto the World Stage with Lloyd's Syndicate 1918

Lloyd's of London is a marketplace, a centuries-old institution where syndicates of underwriters come together to insure risks that are often too large, too complex, or too specialised for conventiona

 Mar 09, 2026
Companies
Botswana drags Africa's biggest bank's performance

Long-term capital formation remains the decisive variable. Large-scale mining requires stable exchange rate policy, predictable foreign currency retention thresholds and enforceable contract framework

 Mar 05, 2026
Nestlé Begins SA Retrenchments Amid Global 16,000-Job Cut

Nestlé’s global , the world's largest food and beverage company’s restructuring programme has reached South Africa, with the group initiating retrenchment consultations affecting more than 400 employe

Mar 02, 2026
Valterra Platinum Nearly Doubles Profit, Proving Demerger a Value-Unlocking Triumph

Valterra Platinum has delivered a compelling vindication of its demerger from Anglo American as the adjusted EBITDA soared 68% to R33.4 billion, headline earnings per share nearly doubled to R63.48 (u

Feb 25, 2026
Tigere REIT Caps Transformational 2025 with Yield-Boosting Acquisitions and Near-Doubling of Profits

In a year of resilient growth for Zimbabwe's nascent REIT sector, Tigere Real Estate Investment Trust emerged as a standout performer, completing two strategic retail acquisitions in Q4 2025 that pro

Feb 23, 2026
Sibanye-Stillwater Reinstates R3.7bn Dividend Payments After 3-Year Hiatus

Sibanye-Stillwater, the diversified South African mining giant, reinstated its dividend payments after a three-year hiatus on 20 February 2026, buoyed by a 281% surge in headline earnings per share (H

Feb 23, 2026

Anglo American Seals Teck Resources Merger Deal, Net Debt Falls

Anglo American marked 2025 as a transformational year by advancing its portfolio simplification and securing a landmark merger agreement with Teck Resources to create Anglo Teck, a global critical min

Feb 23, 2026

Tongaat Crisis Update: IDC Declines to Commit to More Funding Amid Liquidation Threat

The Industrial Development Corporation (IDC) says that it is not in a position to commit to additional financial support for the embattled sugar conglomerate Tongaat Hulett at this juncture. This fol

Feb 23, 2026

At the Foot of Table Mountain: South Africa’s Digital State and the Power of Data in the Age of AI

Tourism economics operate on scale. South Africa welcomes more than 10 million international visitors annually. Incremental growth in higher-spend segments translates directly into foreign exchange ac

Feb 13, 2026

South Africa's digital 24-Hour Visa Application Platform Set to Revolutionalise Tourism

In a bold move to supercharge South Africa's post-pandemic tourism rebound, President Cyril Ramaphosa unveiled a game-changing policy during his State of the Nation Address (SONA) today: a fully digit

Feb 12, 2026

Silver linings: Mining opportunities for Africa in an unstable world

Baskaran also pointed out the need for African countries to integrate for more efficient development.  “Everyone talks about local beneficiation,” she said. “But not every country can build a refinery

Feb 10, 2026

South Africa Reaches Record Tourist Arrivals as Global Confidence Surges

The figures surpass the previous peak recorded in 2018 and exceed 2019 arrivals by 2.6 percent, a benchmark that had long been viewed as the industry’s ceiling. Minister of Tourism Patricia de Lille c

Feb 05, 2026

South Africa Joins Afreximbank, Unlocks US$8bn Trade  Industrial Finance Programme

South Africa has formally acceded to the African Export-Import Bank (Afreximbank), becoming the 54th member state of the Pan-African multilateral lender and completing the country’s entry into the con

Feb 05, 2026

Implats Profits Poised for 5-Fold Surge in H1 26 as PGM Prices Soar, Zimbabwe Operations Deliver Strong Growth

Impala Platinum Holdings Limited (Implats), Zimplats' parent company is set to report a dramatic earnings transformation for the six months ended 31 December 2025, with headline earnings expected to r

Feb 03, 2026