South Africa’s economy expanded at the fastest pace in three years in 2025, helped by stronger output in the agriculture, trade and finance industries.
Skyscrapers and construction cranes in the central business district in Cape Town. Photographer: Dwayne Senior/Bloomberg
The surge in oil prices following the US and Israel’s war on Iran will improve the current account balance of just three sub-Saharan African economies, while most others will suffer, according to Bloomberg Economics.
The surge in oil prices following the US and Israel’s war on Iran will improve the current account balance of just three sub-Saharan African economies, while most others will suffer, according to Bloomberg Economics.
Zoho Corp., a software firm owned by the Indian billionaire Vembu family, is in talks to build out its own data centers in the United Arab Emirates, Saudi Arabia and South Africa, three of its fastest-growing markets.
The Zoho Corporation Pvt. Ltd. booth at the Africa Tech Summit in Nairobi, Kenya, on Wednesday, Feb. 15, 2023. The tech summit, held in Kenya's capital, runs from 15-16 Feb.
Traders trimmed bets that South Africa’s central bank will resume its interest rate-cutting cycle next month after inflation slowed less than expected.
Street vendors in Johannesburg. Photographer: Leon Sadiki/Bloomberg
South Africa’s unemployment rate dropped to the lowest level in more than five years in the fourth quarter, as the community and social services and construction sectors added workers.
A welder in South Africa Photographer: Dwayne Senior/Dwayne Senior
South African annual inflation unexpectedly softened in November, edging closer to the central bank’s new 3% target and boosting hopes for an interest-rate cut next month. Bonds rallied.
A customer pays at a corner store in Cape Town. Photographer: Dwayne Senior/Bloomberg
South Africa’s electricity ministry selected seven groups of companies as pre-qualified bidders for the country’s 440 billion rand ($26 billion) transmission-grid expansion program.
Electricity pylons in the Mamelodi township outside Pretoria.
Environmental groups sued to overturn a decision by South Africa’s environment department allowing state-owned Eskom Holdings SOC Ltd. to breach air-pollution limits.
Electricity pylons near the Eskom Holdings SOC Ltd. Kendal coal-fired power plant in Mpumalanga, South Africa, on Friday, Jan. 17, 2025. A rare moment of investor goodwill for South Africa’s most indebted company is being tested by its inability to collect a staggering $5 billion in unpaid bills from cities and towns across the country. Photographer: Waldo Swiegers/Bloomberg
South Africa’s two-year inflation expectations fell to a record low, an encouraging sign for central bank policymakers ahead of next month’s rate meeting as they work to anchor views around the new 3% target. Africa’s largest economy’s bonds rallied.
Shoppers in Boksburg, South Africa. Photographer: Leon Sadiki/Bloomberg
South African business confidence surged in November to its strongest level since 2011, aided by a tourism boom.
TOPSHOT - A surferrides a wave at Durban's North Beach, on December 11, 2020. - A series of shark attacks in the 1950's made fear the worst for the coastal tourism industry in the KwaZulu-Natal province of South Africa, who attracts more than 6 million visitors each year. To safeguard this tourism sector, authorities have adopted a shark control system largely criticised by environmentalists for its ecological danger. (Photo by Michele Spatari / AFP) (Photo by MICHELE SPATARI/AFP via Getty Images)
Elon Musk’s Starlink Inc. urged Namibians to provide comment on proposed amendments to the country’s regulations as part of the satellite-internet operator’s efforts to obtain a license without ceding ownership.
A technician installs a Starlink Inc satellite-internet communication system antenna on the roof of a home in Accra, Ghana, on Monday, May 26, 2025. MTN Group Ltd., the largest mobile operator in Africa by footprint, has started trials with satellite operators including Starlink in some markets where the service is allowed.
South African consumer sentiment advanced in the fourth quarter to the highest level for 2025, in an encouraging sign for household confidence heading into the holiday season.
Shoppers inside a mall in central Johannesburg. Photographer: Leon Sadiki/Bloomberg
Sentiment among South Africa’s agricultural businesses rose for the first time in three quarters as favorable weather conditions and strong exports supported a more positive outlook.
A citrus farm and packhouse outside Hoedspruit, South Africa.
South Africa’s economy expanded for a fourth straight quarter, extending the longest growth streak since 2021, when the nation was recovering from the Covid-19 pandemic.
Growth in the quarter was largely led by the mining and agriculture sectors.
Record sugar imports by South Africa threaten local growers who employ as many as 1 million people, prompting the industry’s lobby to ask consumers to only buy home-grown sweeteners.
Sugarcane harvesting on a farm near the Kruger National Park in South Africa.
South African farmers probably produced the second-biggest corn crop on record in 2025 as the country experienced good rains earlier in the year.
People gather to buy corn from a street vendor in the Central Business District (CBD) of Johannesburg, on Thursday, May 7, 2020. Almost one million people in Johannesburg, South Africa's commercial hub, are in need of food aid due to movement restrictions imposed to curb the coronavirus pandemic, according to its mayor.
South Africa anticipates strong demand for a planned eurobond sale, citing an improved economic outlook as it considers raising $2.7 billion in global markets to meet foreign-currency commitments for the fiscal year, National Treasury Director-General Duncan Pieterse said.
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