Rain and Huawei Claim a World-First 5G Feat in South Africa
South Africa 5G milestone: Rain and Huawei deploy the world’s first multi-thousand-site sub-1 GHz massive MIMO network, lifting capacity up...
July 10, 2026Topic
South Africa
The Co-Founder of South African Bank Capitec Borrows $402 Million Against His Shares
Michiel le Roux raised $402 million against 1.37 million Capitec shares, a JSE filing shows - liquidity without selling for...
July 10, 2026
Motsepe Company Cleared in $195 Million Graphite Dispute
A Johannesburg court cleared Patrice Motsepe’s ARC in a $195 million graphite dispute with US-linked Pula, which now hinges on...
July 9, 2026
Abu Dhabi Buys Shell’s South African Network for $1 Billion
ADNOC Distribution will buy Shell’s South African downstream business for about $1 billion — 580 stations and the end of...
July 9, 2026
South Africa Leads Africa in AI Outsourcing, Ranks Eighth
South Africa ranks 8th globally and first in Africa for AI outsourcing, scoring 66.5, an Ataraxis 2026 index finds, led...
July 8, 2026
Richemont Sells Baume & Mercier to Italy After 38 Years
Richemont completed the sale of Baume & Mercier to Italy's Damiani Group on July 1, ending 38 years and sharpening...
July 7, 2026
Chinese Cars Stall Stellantis’s Big South African Factory
Stellantis South Africa paused its Gqeberha factory as Chinese cars took 19% of the market in Q1 2026, up 75%...
July 6, 2026
South Africa’s Newest Billionaire Built a Pharmacy Empire
Ivan Saltzman, who built Dis-Chem from one Johannesburg pharmacy in 1978, is South Africa's newest dollar billionaire at $1.3 billion...
July 6, 2026
South Africa Rejects a Wealth Tax on Its Richest
The South Africa wealth tax debate is settled for now: Finance Minister Godongwana rejected an annual levy on the richest...
July 5, 2026