South Africa

MTN Group's H1 2026 service revenue rose 17.5% to R115.3bn and EBITDA increased 20% to R56bn, driven by growth in Nigeria and South Africa.

South Africa’s Rainbow Chicken reported a 7.7% revenue increase to R17.1 billion and a 134.8% earnings rise to R1.34 billion, declaring dividends.

SAFTU and Cry of the Xcluded rejected the World Bank's $1.5 billion loan to South Africa, calling it a "dangerous Trojan Horse package."

South Africa requested a tariff exemption from the US amid a Section 301 forced labor probe, asserting no evidence of forced labor in its key exports.

South African President Ramaphosa met U.S. officials on August 6, 2025, to discuss a new trade deal amid U.S. tariff tensions.

African markets closed mixed Thursday, with South Africa rising on gold gains, while Kenya, Namibia, and Ghana showed varied performances amid currency shifts.

South African President Ramaphosa proposed a trade deal to U.S. President Trump amid rising rand and upcoming budget talks.

South Africa's annual inflation rose to 3.1% in March 2026, driven by higher education and housing costs, Statistics South Africa reports.

The U.S. invested $50 million in South Africa's Phalaborwa Rare Earths Project to support critical mineral extraction amid diplomatic tensions.

Zambia and South Africa finalized a $1.5 billion copper export deal under AfCFTA in December 2024, with Glencore leading shipments.