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The three account types, what South Africa’s 2026 exchange control changes mean for foreigners, and how to get money in and out again. The post Opening a Bank Account in South Africa as a Foreigner appeared first on The Rio Times.
The Prudential Authority has published no bank sanction at all in 2026. The last entry on its register is dated June 2025, before the grey list exit. The post South Africa Left the Grey List and Its Bank Regulator Has Not Fined Anyone Since appeared first on The Rio Times.
South Africa · ENERGY Key Facts —What happened Spark Energy Services closed a ZAR 80 million (about US$5 million) senior secured credit facility with DWM, announced on 31 August 2026. —The structure The debt is denominated in rand, matching Spark’s borrowing to the rand revenues it earns from South African clients and cutting foreign-exchange risk. […] The post Spark Secures Rand Debt for Commercial Solar Projects in Southern Africa appeared first on The Rio Times.
South African firms are courting shareholders ahead of annual general meetings after new laws gave investors more power over executive pay and put the directors who oversee it under greater pressure.
Sanlam Ltd. profit dropped as weather-related claims in South Africa grew and strength in the rand trimmed the translated value of earnings from its businesses outside of its home market.
Statistics South Africa reports a 0.2% contraction in the second quarter, the first decline since late 2024, led by a 3% fall in mining. The post South Africa’s Economy Shrank, and Mining Did Most of the Damage appeared first on The Rio Times.
David Cowan, Africa Economist at Citi Research, says South Africa has yet to turn the corner on growth, with the economy showing resilience rather than a strong acceleration. He also says Zimbabwe’s recovery is benefiting from improved fiscal discipline, higher gold and lithium prices and stronger agricultural exports. Cowan discusses the challenges of de-dollarization, signs of renewed foreign investor interest and the importance of Zimbabwe getting its lithium policy right with Abeer Abu Omar on Horizons Middle East & Africa. (Source: Bloomberg)
South Africa is preparing to identify a transaction adviser to create a fully independent transmission system operator by the end of next year, a process that will include engaging with possible equity investors.
Behind South Africa’s chrome riches lies a shadow economy where migrants and unemployed workers face deadly conditions.
Buying property in South Africa as a foreigner in 2026: legal rights, SARS transfer duty bands, non-resident mortgages, exchange control and risks. The post Buying property in South Africa still means finding 50% cash under the long-standing mortgage cap appeared first on The Rio Times.
South Africa economy in September 2026: 1.1% growth in 2025, unemployment at 33.6%, Eskom's 441-day run without load-shedding, and the rand under the GNU, ahead of the 4 November municipal elections. The post South Africa economy tests Ramaphosa before 4 November vote as GNU scrambles to deliver appeared first on The Rio Times.
The country that supplies about 70% of the world's chrome loses a tenth of its production to illegal mining, and the material vanishes into the legal export chain. The post Stolen South African Chrome Is Already Inside the World’s Stainless Steel appeared first on The Rio Times.
South Africa’s Industrial Development Corp. plans to sell its stake in a Namibian uranium project because the mine’s backers include Iranian and Russian entities.
Discovery Ltd.’s full-year earnings rose as South Africa’s largest health-insurance administrator benefited from years of strategic investment and as profit from its banking division climbed.