Toyota South Africa has finally put a price on its first battery-electric vehicle, the bZ4X. The country’s largest car brand – which builds vehicles at its Prospecton plant in Durban for both the local market and export – will sell the bZ4X for R1.18-million. Unlike the Hilux, Corolla Cross and Fortuner that roll off its…
The South African division of Estonian ride-hailing giant Bolt has officially announced the launch of an electric vehicle (EV) category for the local market. The rollout follows a strategic partnership with ride-sharing platform YugoRide, which aims to deploy a fleet of 500 EVs in Cape Town by December 2025, with a broader expansion to Johannesburg…
The escalating conflict in the Middle East has sent shockwaves far beyond the geopolitical arena, landing squarely at South African filling stations. As diesel prices breach the R30-per-litre mark, fuelled by supply disruptions linked to the conflict involving the U.S., Israel, and Iran, the traditional calculus of transport is being fundamentally rewritten. Industry leaders suggest…
South Africa has reached a milestone that would have seemed unthinkable just three years ago: a full 12 consecutive months without a single bout of load shedding. The last time Eskom imposed rolling power cuts was in mid-May 2025, capping what has become the longest sustained period of grid stability in well over a decade….
Nairobi — A court has ordered a fresh psychiatric evaluation for murder suspect Kennedy Kalombotole following conflicting medical reports on his mental fitness, with the judge indicating that he could be referred to South Africa for further assessment if local specialists fail to reach a conclusive finding. The court directed that Kalombotole undergo examination before…
Ghana has announced it will evacuate 300 of its citizens from South Africa, following a spate of xenophobic incidents and protests against immigration across the country in recent weeks. Ghana’s Foreign Minister Samuel Okudzeto Ablakwa said on Tuesday that President John Dramani Mahama had approved the operation. “These distressed Ghanaians had earlier complied with the…
Digital assets are no longer a fringe conversation in South Africa’s financial sector. At the Luno Institutional Digital Assets Conference (LIDAC26) in Cape Town on 11 June 2026, fund managers, institutional investors, fintech, and payments specialists will engage with the evidence and hear from industry experts. The question of whether retail investors should own digital…
The Minister of Trade, Industry and Competition, Parks Tau, has welcomed the announcement by the Government of the People’s Republic of China that introduces a temporary zero-tariff preference scheme for 20 non-least developed African countries, including South Africa. The measure follows an announcement by Chinese President Xi Jinping on 14 February 2026 that China would…
MTN Group said on Tuesday that its core earnings jumped 27.9% in the first quarter, outpacing revenue growth as tighter cost control and strong performances in Nigeria and Ghana boosted profit. Africa’s biggest telecommunications operator, which has more than 310 million customers in 16 markets across the continent, said its earnings before interest, tax, depreciation…
Youssef Elgonaid Interview with Youssef ElgonaidCO-FOUNDER and CEO, AFRICAN RAIL COMPANY For decades, South Africa’s freight rail network has been tightly controlled by the state. Youssef Elgonaid, CEO of African Rail Company (ARC), describes the recent move to grant private operators wider access to the system as a “once-in-a-generation opportunity”. Founded in 2013, ARC recently…
