Absa Bets $239M on Fuller Control of Its Kenyan Bank
South Africa's Absa is offering about $239 million to raise its Absa Bank Kenya stake to 85%, the latest South...
June 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.
Browse by themeAfrica Critical Minerals · Africa Energy · Africa Markets & Investment · Africa & Latin America · Africa & the Great Powers · Doing Business & Living in Africa
Robert Gumede’s Vision Group Strikes Deal to Save Tongaat Hulett
A last-minute Tongaat Hulett rescue with Robert Gumede's Vision Group and the state IDC has pulled the 134-year-old sugar company...
June 20, 2026
Africa Intelligence Brief
Africa Intelligence Brief for Friday: from Ghana and Ivory Coast aligning cocoa prices to fifteen nations uniting against illegal fishing...
June 19, 2026
Johann Rupert Hits $20 Billion, Africa’s Second After Dangote
Johann Rupert has crossed $20 billion on the Bloomberg index, the second African after Aliko Dangote, lifted by Richemont and...
June 19, 2026
Africa Intelligence Brief
Africa Intelligence Brief for Thursday: the same week Africa staged its biggest-ever share sale, a London court cleared Nigeria's former...
June 18, 2026
ExxonMobil Backs South Africa’s First LNG Import Terminal
The South Africa LNG terminal planned at Richards Bay just gained ExxonMobil as its preliminary gas supplier, a boost for...
June 18, 2026
South Africa Lands a $1 Billion BRICS Bank Loan to Fix Its Cities
A $1 billion BRICS bank loan will help South Africa upgrade water, power, sanitation and waste services across its eight...
June 18, 2026
Africa Intelligence Brief
Africa Intelligence Brief for Wednesday: the continent's biggest-ever share sale nears as Aliko Dangote's refinery prepares to float across six...
June 17, 2026
Johann Rupert’s Remgro Wins Control of South Africa’s Mediclinic Hospitals
South Africa's Competition Tribunal has cleared the Remgro Mediclinic deal, handing Johann Rupert's group full control of 50 private hospitals.
June 17, 2026