South African retail giant Shoprite Group has reported the opening of 47 new stores across eight sub-Saharan African countries in its 2025/26 financial year, as the continent's largest food retailer pursues aggressive growth outside its home market.
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South African card-issuing startup Scale has announced a strategic partnership with Mastercard that will simplify and accelerate card issuance across Senegal, Ivory Coast, Kenya, Zambia, and Zimbabwe. The single-integration model removes the need for businesses to coordinate with multiple issuing banks and payment networks separately.
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MTN South Africa has confirmed that its 5G network now covers 40% of the South African population following a major rollout of new base stations, as the telco accelerates its next-generation connectivity strategy ahead of increasing competition.
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The JSE All Share Index briefly touched a new record high this week, propelled by a surge in resources sector stocks on the back of higher global commodity prices, as international investor confidence in South African equities shows signs of recovery.
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South Africa's mining sector recorded output growth of 4.3% in the first quarter of 2026, with platinum group metals and chrome ore production leading the recovery as improved power supply reduced costly production interruptions.
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Cape Town's long-awaited second airport has received a significant planning boost, as authorities confirm a major milestone that brings the Cape Winelands Airport project closer to breaking ground.
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