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SpaceX Calls For Changes To South Africa’s Black Ownership Rules For Telecom Companies: Report

SpaceX Calls For Changes To South Africa’s Black Ownership Rules For Telecom Companies: Report

SpaceX has reportedly called for changes to South Africa’s rules around the ownership of telecom companies. According to a Bloomberg report citing a letter sent by SpaceX to the South African government, the space startup wants to operate its...

South Africa’s MTN faces new US investigation into Afghanistan conduct

South Africa’s MTN faces new US investigation into Afghanistan conduct

MTN Group President and Chief Executive Officer Ralph Mupita. Photo source: Graphic South African mobile network operator MTN Group is facing an investigation by a U.S. Department of Justice grand jury into its conduct and that of its former...

Absa CEO targets retail growth in South Africa and scale on the continent

Absa CEO targets retail growth in South Africa and scale on the continent

The CEO of South Africa's Absa Group says he will focus on modernising and building its retail banking business, promising stability after becoming the lender's sixth new head since longstanding chief Maria Ramos left in 2019. South Africa's...

MTN South Africa restructures to catch up with Nigerian unit

MTN South Africa restructures to catch up with Nigerian unit

MTN Group Ltd. has restructured its South African operations to accelerate growth after its Nigerian subsidiary overtook the domestic market to become the company’s largest revenue contributor. The company announced the appointment of Ferdi...

South African automotive industry embraces carbon transition amid looming CBAM tariffs

South African automotive industry embraces carbon transition amid looming CBAM tariffs

The National Association of Automotive Component and Allied Manufacturers (NAACAM) 2025 show served as a pivotal platform for discussing the pressing need for carbon transition within the South African automotive industry. With key players from...

S Africa telecoms giant MTN says under US investigation

S Africa telecoms giant MTN says under US investigation

Agence France-Presse . Johannesburg 18 August, 2025, 23:39 South African mobile operator MTN Group said Monday it was under US investigation over its activities in Iran and Afghanistan, at a time of icy ties between Washington and Pretoria....

SpaceX seeks exemption in South Africa from what Musk called an “openly racist” law

SpaceX seeks exemption in South Africa from what Musk called an “openly racist” law

SpaceX requested in a letter to the government that regulators should permit investment-based alternatives to the existing requirement that Black South Africans own at least 30% of companies in the ICT industry. “Equity equivalent investment...

MTN South Africa cuts revenue outlook as competition bites

MTN South Africa cuts revenue outlook as competition bites

MTN South Africa has revised its mid-term service revenue guidance downwards as the operator faces stiffer competition in its home market, despite a positive upswing in its operations in the rest of Africa. The business “continues to navigate an...

Why financial literacy is essential for women in South Africa

Why financial literacy is essential for women in South Africa

Mamudupi Mampuru|Published 13 hours ago 4min Women are powerful architects of society who lead families, strengthen communities, and drive the everyday economy with resilience and wisdom. They stretch rands to last until the end of each month....

How to watch Australia vs South Africa 2025 ODI series: Live stream cricket anywhere across the world, schedule, squads

How to watch Australia vs South Africa 2025 ODI series: Live stream cricket anywhere across the world, schedule, squads

The Australia vs South Africa ODI series represents an early opportunity for both sides to start building towards the next 50-over World Cup. Follow our guide below for where to watch Australia vs South Africa live streams 2025 from anywhere with...

South Africa's agricultural exports up 26 pct in Q2 amid U.S. trade tensions

JOHANNESBURG, Aug. 18 (Xinhua) -- South Africa's agricultural exports rose to 161 million U.S. dollars in the second quarter of 2025, up 26 percent from the same period in 2024, Minister of Agriculture John Steenhuisen said on Monday. According to...

Omoda & Jaecoo South Africa achieve record July sales and announce upcoming J5 launch

Omoda & Jaecoo record their best-ever monthly sales in South Africa, with 1,069 units sold in July 2025 Following impressive H1 2025 sales figures, Omoda & Jaecoo South Africa are celebrating yet another month of record-breaking performance, with...

"Be a Mzansi nomad": American couple regrets Cape Town move after visiting Durban, SA divided

"Be a Mzansi nomad": American couple regrets Cape Town move after visiting Durban, SA divided

An American couple who relocated to Cape Town questioned their decision after visiting Durban and being captivated by its unique charm The video, shared on TikTok, showcased the couple's debate over whether they should sell their Cape Town home...

BER flags economic implications of changing inflation target in South Africa

BER flags economic implications of changing inflation target in South Africa

The Bureau for Economic Research (BER) has revealed that the South African Reserve Bank (Sarb) may no longer be pursuing an inflation target of below 4.5%, which could have substantial implications for the nation's economy. In a recent analysis,...

AfCFTA opens doors for South African automotive industry growth

AfCFTA opens doors for South African automotive industry growth

The National Association of Automotive Component and Allied Manufacturers (NAACAM) 2025 show revealed that South African manufacturers are poised to reap significant benefits from the African Continental Free Trade Area (AfCFTA). Unveiling the...

South Africa debates minimum unit pricing as alcohol harm sparks policy divide 

South Africa debates minimum unit pricing as alcohol harm sparks policy divide 

SOUTH AFRICA – South Africa is intensifying efforts to address the severe consequences of harmful drinking, as policymakers and stakeholders debate potential strategies to curb the issue. Among the measures under consideration is the introduction...

Starlink pushes to reform South Africa’s 30% black ownership law

Starlink pushes to reform South Africa’s 30% black ownership law

Elon Musk’s SpaceX is urging South Africa to revise its strict Black ownership regulations. These rules require telecom companies to have at least 30% ownership by historically disadvantaged groups (HDGs). The policy, rooted in South Africa’s...

Market Recap 11 to 17 August 2025

Market Recap 11 to 17 August 2025

Namibian equity markets maintained their positive momentum this week, with the NSX Local index posting a modest gain of 0.05% to close at 753.9 points, while the NSX Overall Index delivered a robust advance of 2.38% to reach 1811.9 points. As of...

Putin Briefs India, Brazil, South Africa and Regional Allies on Alaska Summit

Putin Briefs India, Brazil, South Africa and Regional Allies on Alaska Summit

President Vladimir Putin held phone calls with the leaders of India, Brazil, South Africa, Belarus and four Central Asian republics over the past two days to share details of his meeting with U.S. President Donald Trump in Alaska last week. On...

South Africa’s Driving Licence Backlog Hits 540,000 as Printing Machine Crisis Worsens

South Africa’s Driving Licence Backlog Hits 540,000 as Printing Machine Crisis Worsens

South Africa’s driving licence backlog has surged to approximately 540,000, with applicants now waiting up to two months to receive their cards—and delays are expected to persist well into 2026. The crisis stems from the Department of Transport’s...

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