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, 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.
Browse by themeAfrica Critical Minerals · Africa Energy · Africa Markets & Investment · Africa & Latin America · Africa & the Great Powers · Doing Business & Living in Africa
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
South Africa’s Xenophobia Deadline: More Than 53,000 Migrants Have Fled
South Africa xenophobia turned a vigilante deadline into an exodus: 13,000 sent home in a fortnight, several dead, and five...
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
Zimbabwe Extends Mnangagwa’s Rule to 2030, Ends Direct Vote
Mnangagwa term extension becomes law: Zimbabwe's president signed a change on July 7 extending his rule to 2030 and ending...
July 8, 2026
Rails, Cobalt and Rivalry: The African Railway Redrawing the Great-Power Map
A $753m US-backed railway from Angola to Congo shows how Washington, Africa and a Lusophone builder are racing China for...
July 8, 2026
One Old Railway, Two Superpowers, and the Fight for the Metals That Run the Future
Angola's Lobito rail wins fresh funding as Washington and Beijing fight for Africa's cobalt and copper. What it means for...
July 8, 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
Petrobras Bets on Africa as Its Amazon Oil Gamble Runs the Clock
Petrobras Africa is now its top exploration priority outside Brazil, with a new Sao Tome block and $7.1 billion set...
July 7, 2026