News on industries and services in South Africa

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Last update: 5 hours ago

BRICS Under Pressure: Iran’s Abbas Araghchi landed in New Delhi for BRICS foreign ministers talks, with the West Asia war and the Strait of Hormuz set to dominate as divisions within the bloc threaten a unified line. Ramaphosa Faces MPs: South Africa’s president will answer questions in Parliament after the Constitutional Court ruling on how impeachment should be handled, with Operation Prosper and Phala Phala likely to be hot topics. Rail Opens Up: Transnet has granted 11 private firms access to freight rail routes, aiming to cut bottlenecks and lift volumes. Energy Storage Deal: Eskom and Energy Vault signed a strategic development agreement to deploy grid-scale gravity storage in South Africa. Infrastructure Financing: Treasury says SA secured a $150m OPEC Fund loan for structural reforms, targeting energy and freight bottlenecks. Storm Fallout: Western Cape storm damage is triggering tougher liability disputes for insurers, especially around fallen trees. Jobs Push: KFC plans 3,500 more hires and 100 new stores in SA this year.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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South Africa's unemployment rate rises to 32.7% in 2026: A call for action

South Africa's unemployment rate rises to 32.7% in 2026: A call for action

South Africa mourns media and culture icon Maria McCloy

South Africa mourns media and culture icon Maria McCloy

South Africa's affordability reset: A new consumer reality emerges

South Africa's affordability reset: A new consumer reality emerges

Cape Town’s hidden deficit: Is a financial gap lurking in municipal accounts?

Cape Town’s hidden deficit: Is a financial gap lurking in municipal accounts?


South Africa Plants Billions of Trees to Counter Climate Crisis
May. 12, 2026

South Africa Plants Billions of Trees to Counter Climate Crisis

MENAFN

South Africa’s Leader Rejects Calls for Resignation
May. 12, 2026

South Africa’s Leader Rejects Calls for Resignation

MENAFN

South Africa’s President Rejects Resignation Calls After Court Ruling
May. 12, 2026

South Africa’s President Rejects Resignation Calls After Court Ruling

MENAFN

RedCloud And ACA Capital Signal Intent to Activate Foundation Model AI Agents on Anthropic Claude Through JV Across $221Bn South African FMCG Market
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RedCloud And ACA Capital Signal Intent to Activate Foundation Model AI Agents on Anthropic Claude Through JV Across $221Bn South African FMCG Market

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S. Africa Pushes Back Against Xenophobia Claims Amid Immigration Protests
May. 10, 2026

S. Africa Pushes Back Against Xenophobia Claims Amid Immigration Protests

MENAFN

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