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Stay informed with the latest updates from South Africa and around the world. Our news section covers a wide range of topics including politics, social issues, crime, environment, global affairs, and human interest stories.

SA’s Port of East London begins long-awaited $8 million redevelopment project

The Port of East London in South Africa’s (SA) Eastern Cape province, has officially received the contracts to commence renovations, marking a significant milestone in the long-awaited redevelopment project||The Port of East London in South Africa’s (SA) Eastern Cape province, has officially received the contracts to commence renovations, marking a significant milestone in the long-awaited redevelopment project

SA showcases economic resilience at Investor Conference

The conference provides a platform for global investors to engage with government and business leaders on current policy developments and market fundamentals shaping SA’s investment landscape.||The conference provides a platform for global investors to engage with government and business leaders on current policy developments and market fundamentals shaping SA’s investment landscape.

Nigerian fintech giant Moniepoint raises $200 million to expand digital services

Nigerian fintech firm Moniepoint Inc. said on Tuesday it had raised more than $200 million in a funding round led by Development Partners International, as it seeks to expand its digital financial services across Africa and beyond.||Nigerian fintech firm Moniepoint Inc. said on Tuesday it had raised more than $200 million in a funding round led by Development Partners International, as it seeks to expand its digital financial services across Africa and beyond.

Coca-Cola HBC acquires majority stake in Coca-Cola Beverages Africa for $2.6 billion

Coca-Cola HBC AG has announced the acquisition of a 75% stake in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company (TCCC) and Gutsche Family Investments (GFI) for a total of $2.6 billion, valuing CCBA at $3.4 billion. ||Coca-Cola HBC AG has announced the acquisition of a 75% stake in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company (TCCC) and Gutsche Family Investments (GFI) for a total of $2.6 billion, valuing CCBA at $3.4 billion.

SA’s Transnet plans $7 billion of infrastructure upgrades

South Africa’s (SA) State-owned freight and logistics company Transnet plans to invest $7.3 billion over five years in modernising rail lines and upgrading ports, its Chief Executive Michelle Phillips said on Tuesday.||South Africa’s (SA) State-owned freight and logistics company Transnet plans to invest $7.3 billion over five years in modernising rail lines and upgrading ports, its Chief Executive Michelle Phillips said on Tuesday.

SA President embarks on Southeast Asia tour to boost trade, strategic ties

South Africa’s (SA) President Cyril Ramaphosa will undertake a three-nation visit to Southeast Asia from October 22 to 28. ||South Africa’s (SA) President Cyril Ramaphosa will undertake a three-nation visit to Southeast Asia from October 22 to 28.
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