Breaking
US tariffs on SA exports appear to be backfiring
Despite Washington's tariffs, the value of South African exports to the United States has risen 11% since the levies took effect in August 2025.
Breaking
Despite Washington's tariffs, the value of South African exports to the United States has risen 11% since the levies took effect in August 2025.
Big story
Mining output jumped 8.2% in April while manufacturing fell 2.9%, laying bare an uneven South African recovery.
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The rand firmed to R16.52 against the dollar even as renewed US-Iran strikes and a closed Strait of Hormuz sent oil prices jumping.
Nedbank, Investec, FNB and Standard Bank are pouring resources into winning over medium-sized companies — a once-overlooked segment now delivering returns of up to 30%.
Surging gold exports pushed South Africa's current account surplus to 2.4% of GDP in the first quarter — the largest in more than four years.
Strong fuel over-recoveries, softer oil after the Iran-Israel ceasefire and a resilient rand point to petrol falling around R1.10 a litre in July — even with the full fuel levy back.
Eskom has launched Eskom Green, a utility-scale renewable energy business with 17 priority projects aimed at delivering roughly 6 GW of new capacity at its coal-fired sites by 2030.
Government has set an end-March 2027 target to fully launch South Africa's long-delayed mining rights database, with only one province migrated so far.
South Africa's economy grew a stronger-than-expected 0.5% in the first quarter, lifting the rand — though the figures predate the oil shock now rippling through the economy.
South African EV-infrastructure startup Zimi has raised $2.6m to expand its battery-swapping and charging network for commercial fleets.
More than 43% of Absa shareholders voted against the bank's pay report after new CEO Kenny Fihla's R148m package, one of SA banking's biggest remuneration rebukes.