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South Africa

South Africa is a country located at the southern tip of the African continent, bordered by Namibia, Botswana, Zimbabwe, Mozambique and Eswatini, with Lesotho as an enclave within its territory. The capital cities are Pretoria (executive), Cape Town (legislative) and Bloemfontein (judicial). With a population of about 60-million people, South Africa has the most industrialised and diversified economy on the continent, historically built on mining—particularly gold, platinum and diamonds—but also encompassing manufacturing, finance, agriculture and services. The country's currency is the rand. South Africa operates as a parliamentary republic with a president serving as both head of state and head of government. It is a member of the Southern African Development Community, the African Union, BRICS Plus and the Commonwealth. The economy is characterised by significant infrastructure, including extensive rail and port networks, but faces challenges including high unemployment, inequality and intermittent electricity supply constraints. Key exports include minerals, metals, vehicles and machinery. Since the end of apartheid in 1994, South Africa has pursued economic liberalisation and regional integration whilst grappling with the legacy of racial segregation and uneven development.

Latest Articles in 60 Seconds

Anti-immigrant protests set for June 30 amid warnings of violence and economic disruption

South Africa faces nationwide protests on June 30, 2026, after the March and March movement issued a deadline for undocumented migrants to leave the country. President Cyril Ramaphosa has warned that while the right to protest is constitutionally protected, intimidation, vandalism and violence will not be tolerated, and thousands of African migrants have begun leaving the country. Research from the Southern Centre for Inequality Studies at the University of the Witwatersrand shows that foreign nationals occupy less than 4% of formal jobs in South Africa, and that removing all foreigners' jobs would reduce unemployment by only six percentage points, from 43.6% to 37.6%.

Johannesburg secures R3.8-billion loan to repair electricity infrastructure

The City of Johannesburg and German development bank Kreditanstalt für Wiederaufbau have agreed a R3.8-billion concessional loan to address the city's electricity utility City Power's infrastructure backlog, estimated at R40-billion. The 15-year loan, set at an interest rate of 8.56% with a five-year grace period on capital repayments, comes after only 38% of residents reported satisfaction with electricity services in 2023/24, down from 77% in 2017/18. Urban development scholars warn that improvements in services are likely to take time to materialise, and that the city must address poor revenue collection, maintenance backlogs and governance challenges.

Government of National Unity assessed on small-business support after two years

The Small Business Institute has commissioned an assessment of the Government of National Unity's impact on small, medium-sized and microenterprise development, two years after its formation in June 2024. The overall conclusion is that the GNU has passed its first test of stabilisation, but that the second test of delivery remains unresolved, with the defining question being whether the GNU can convert policy intent into lived economic improvement for South Africa's SMMEs.

South Africa Updates


FourNomads: Bridging South Africa's Skills Gap Through Education, Entrepreneurship, and Industry Partnership
Updated 3 hours ago

The challenges facing South Africa's mining and engineering sectors are not confined to slope angles, rock mass ratings, or geotechnical monitoring gaps. Beneath the technical complexity lies a... 


Discovery to delivery: preparing South Africa for offshore opportunity
Updated 4 hours ago

By: Niall Kramer - National Spokesperson, Offshore Petroleum Association of South Africa (OPASA) Offshore oil and gas exploration in Namibia's Orange Basin has resulted in a number of significant... 


South Africa's Hillside Aluminium in KwaZulu-Natal.
South32 deal empowering Alcoa to surpass Rio Tinto as world’s biggest bauxite miner
Updated 4 hours ago By: Martin Creamer

With the acquisition of South32’s aluminium assets, Alcoa will surpass Rio Tinto to become the world's largest bauxite mining companies on an equity-attributable production basis, with global share... 


The 2026 Toyota Hilux
New-vehicle market set to breach 600 000 units this year as June sales jump by 15.3%
Updated 4 hours ago By: Irma Venter

South Africa’s new-vehicle market recorded the strongest June since 2007, keeping the industry on track to surpass the 600 000-level mark this year, says the National Automobile Dealer Association... 


Juan Wheeler
Nissan SA appoints new MD
Updated 4 hours ago By: Irma Venter

Juan Wheeler has been appointed the new MD at Nissan South Africa (SA), a role which he will fulfil alongside his current position as Nissan Africa CFO. Nissan Africa president Jordi Vila describes... 


The Structural Reset: How Global Disruption is Rewriting the Rules of Business
Updated 5 hours ago

By: Andre Scholle - VP and Head of Region India, Turkey, MEA and CIS at ZF Aftermarket In a global marketplace characterised by volatility, strengthening resilience to external shocks is essential... 


A generic image of smelter operations
Transalloys warns of permanent closure of South Africa’s last manganese smelter
Updated 6 hours ago By: Lumkile Nkomfe

Manganese ferroalloys producer Transalloys has fully stopped its ferroalloys production in Mpumalanga on July 1, with no indication of when operations may resume. The company highlights that the... 


Image of Geordin Hill-Lewis
Hill-Lewis defends GNU but warns ANC over mandate
Updated 7 hours ago By: Thabi Shomolekae

In his first major address since assuming the leadership of the DA, Geordin Hill-Lewis has declared that South Africa has entered a "second transition" that demands a “fundamentally new type of... 


Alcoa President and CEO Bill Oplinger.
Alcoa sees South Africa’s Hillside Aluminium being 'cash flow accretive immediately'
2nd July 2026 By: Martin Creamer

This asset adds scale to our smelting portfolio in a way that is expected to be cash flow accretive immediately, Alcoa Corporation President and CEO William (Bill) F. Oplinger said of South... 


The Joburg CBD at night
Johannesburg faces R2.1bn funding gap as its bills mount
2nd July 2026 By: Bloomberg

Johannesburg is starting a new financial year with a multibillion-rand budget that’s not fully funded, potentially deepening a crisis that’s already left it unable to pay for power and fuel... 


Rental and Independent Power for Africa
Rental and Independent Power for Africa
2nd July 2026

Jozi Power Limited rents out, operates and maintains a fleet of containerised 1MW and 2MW diesel generator sets to African mines and other large consumers for short to medium term periods.  


Pirtek Africa: Growing With the Continent
Pirtek Africa: Growing With the Continent
2nd July 2026

Africa is not short of opportunity, however it is short of reliability. Across mining operations, agricultural holdings, construction sites, manufacturing plants, forestry concessions and more, one... 


Gallium
MRG Metals confirms high levels of gallium in South Africa for byproduct production
2nd July 2026 By: Marleny Arnoldi

ASX-listed MRG Metals has confirmed significant levels of gallium returned from analytical results as the company works to define its Garies project resource, in South Africa's Northern Cape... 


Busa withdraws from UIF structures at Nedlac
Busa withdraws from UIF structures at Nedlac
2nd July 2026 By: Sabrina Jardim

Business organisation Business Unity South Africa (Busa) has withdrawn from the Unemployment Insurance Fund (UIF) structures at the National Economic Development and Labour Council (Nedlac) and... 


Harmony Gold CEO Beyers Nel
Harmony says copper push is diversification, not a change in identity
2nd July 2026 By: Mariaan Webb

South Africa-headquartered Harmony Gold Mining Company says its expansion into copper is not a departure from its 75-year history as a gold producer, but a deliberate strategy to diversify its... 


Person holding a cellphone
Final amendments to Numbering Plan Regulations published
2nd July 2026 By: Natasha Odendaal

The Independent Communications Authority of South Africa (Icasa) has published the Numbering Plan Fourth Amendment Regulations (2025) to create a standardised framework for the churn, deactivation... 


A person preparing spekboom cuttings
Amazon commits to buy, sell South African project’s carbon removal credits
2nd July 2026 By: Schalk Burger

Digital retail and platform company Amazon has committed to buying 1.95-million tons of carbon removal credits generated over more than a decade by the nature-based carbon removal programme in... 


Sanitech and SkyJacks partner to rewrite the rules of commercial cleaning with 70% water savings
Sanitech and SkyJacks partner to rewrite the rules of commercial cleaning with 70% water savings
2nd July 2026

Sanitech, South Africa’s leading hygiene company, has upgraded its national equipment fleet with the high-performance MACH cleaning range, supplied by SkyJacks. This strategic expansion directly... 


Geobrugg: Seven Decades of High-Tensile Protection, Now Serving Africa's Mining Sector
Geobrugg: Seven Decades of High-Tensile Protection, Now Serving Africa's Mining Sector
2nd July 2026

There are few sectors where the margin for error is as narrow as it is in geohazard protection for active mining operations. Rockfall barriers that underperform, mesh systems that fail to arrest a... 


Rooftop Solar In Questionable Locations A Potential Disaster
2nd July 2026

South Africa’s success in rolling-out thousands of square metres of rooftop solar means there is a constant risk of fire in many sensitive industrial and commercial locations nationwide. Research... 


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