South Africa’s Isibaya Fund Lost US$1.1 Billion
South Africa’s PIC lost about US$1.1 billion (R18.2bn) of GEPF pension money on 23 unlisted Isibaya deals. What the parliamentary...
September 21, 2026Section
Southern Africa
Southern Africa – South Africa, Angola, Zambia, Zimbabwe, Mozambique and Botswana – anchors the continent’s deepest capital markets and its richest seams of platinum, copper, gold, diamonds and gas. The Rio Times follows the rand, the Johannesburg market, mining and energy deals, and the South Atlantic ties that increasingly link the region to Brazil and Latin America. This hub collects our daily Southern Africa coverage for investors and expats.
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Singapore’s Banyan Group to Buy 70% of South African Safari Group Newmark
Banyan Group has agreed to buy a majority stake in Cape Town-based Newmark Hotels & Reserves, valuing the safari operator...
September 21, 2026
South Africa’s Food Producers Slump as Premier Group Outperforms
Tiger Brands, AVI and RCL Foods have slumped in 2026 while Premier Group gained, even as its Western Cape cannery...
September 21, 2026
Mozambique Gas Revenue Stays Tiny as Debt Nears 96% of GDP
Mozambique’s gas revenue is projected at about US$79.8 million in 2027, while government debt could reach 96% of GDP, IMF...
September 20, 2026
Ramaphosa Signs South Africa Public Service Commission Bill Into Law
President Cyril Ramaphosa signed the Public Service Commission Bill into law on 16 September 2026, expanding oversight to local government...
September 20, 2026
NamWater to Cut Usakos Water Supply Over Unresolved Debt
NamWater will phase down water supply to Usakos from Monday, with full suspension threatened for 6–9 October if no deal...
September 20, 2026
Mozambique Seeks Brazilian Deepwater Expertise for Offshore Gas
Mozambique is courting Brazilian deepwater expertise, led by Petrobras, to tap a Rovuma Basin its state institute says holds 172...
September 20, 2026
Lesotho’s Polihali Dam Reaches 56.7% as Claimants Lose Court Round
Lesotho Highlands Water Project Phase 2 is 56.7% complete, while over 3,000 people and 889 businesses must seek dam compensation...
September 20, 2026
Malawi Inflation Falls to 20.01% in August, a Seventh Straight Drop
Malawi’s inflation eased to 20.01% in August 2026, a seventh straight monthly fall, with the kwacha holding near 1,734 to...
September 20, 2026