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<title>Daily Finance industry news in Southern Africa</title>
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<category>Finance news - Southern Africa</category>
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<title>Daily Finance industry news in Southern Africa</title>
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<pubDate>Sun, 09 Aug 2026 04:13:16 +0200</pubDate>
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	<title>Unhelpful government and a lack of brand building see South African mining companies lose out</title>
	<link>https://www.bizcommunity.com/article/unhelpful-government-and-a-lack-of-brand-building-sees-south-african-mining-companies-lose-out-967314a</link>
	<description>Despite South Africa’s rich history of mining, no South African mining companies appear in the top 50 in the latest Mining, Metals &amp; Minerals 50 2026 report by Brand Finance.</description>
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	<pubDate>Fri, 07 Aug 2026 11:59:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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	<title>WPP results beat analyst forecasts, sees shares jump up</title>
	<link>https://www.bizcommunity.com/article/wpp-results-beat-analyst-forecasts-sees-shares-jump-up-745222a</link>
	<description>WPP has posted first-half results that beat analyst forecasts on revenue, organic growth and profit margins, leading to a jump of as much as 30.2%  in WPP shares - its highest intraday level since September 2025.</description>
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	<pubDate>Thu, 06 Aug 2026 10:26:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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	<title>Omnicom Q2 results: Built for an era where speed, integration, and scale matter most</title>
	<link>https://www.bizcommunity.com/article/omnicom-q2-results-built-for-an-era-where-speed-integration-and-scale-matter-most-967604a</link>
	<description>Omnicom’s revenue in the second quarter of 2026 increased $2.5bn to $6.6bn as compared to the second quarter of 2025, primarily due to the acquisition of IPG, which closed on November 26, 2025, and constant currency revenue growth.</description>
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	<pubDate>Thu, 30 Jul 2026 08:00:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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	<title>Africa to weather billion-dollar storm as “super” El Ni&amp;#241;o approaches</title>
	<link>https://www.bizcommunity.com/article/africa-to-weather-billion-dollar-storm-as-super-el-nino-approaches-189146a</link>
	<description>The African Development Bank’s top climate expert told Reuters that an impending “super” El Ni&amp;#241;o is likely to inflict a combined $10bn to $20bn hit on affected African countries and trigger mass migration from hard-hit areas.</description>
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	<pubDate>Mon, 27 Jul 2026 08:36:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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	<title>WPP &amp;#163;500m savings drive sees hundreds of employees let go</title>
	<link>https://www.bizcommunity.com/article/wpp-500m-savings-drive-sees-hundreds-of-employees-let-go-064235a</link>
	<description>It has been widely reported in marketing and media publications globally that WPP will be cutting hundreds of roles, in line with Elevate28.</description>
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	<pubDate>Wed, 15 Jul 2026 12:01:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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	<title>Africa’s power market is changing fast — and private capital is driving it</title>
	<link>https://www.bizcommunity.com/article/africas-power-market-is-changing-fast-and-private-capital-is-driving-it-842703a</link>
	<description>Over the past few years, several African countries have sparked change in their grid infrastructure and electricity generation by involving the private sector.</description>
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	<pubDate>Tue, 30 Jun 2026 10:50:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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	<title>Zimbabwe moves to regulate cryptocurrency sector</title>
	<link>https://www.bizcommunity.com/article/zimbabwe-moves-to-regulate-cryptocurrency-sector-397658a</link>
	<description>Zimbabwe's government said on Friday, 12 June, it will require cryptocurrency businesses to register and pay annual fees, as it seeks to bring the largely informal market under regulatory oversight.</description>
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	<pubDate>Mon, 15 Jun 2026 10:32:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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	<title>Standard Bank to finance Africa’s renewable energy boom</title>
	<link>https://www.bizcommunity.com/article/standard-bank-to-finance-africas-renewable-energy-boom-845013a</link>
	<description>In 2025, Standard Bank saw Africa’s shift toward renewable energy financing outpace non-renewable energy by an 8:1 ratio. Reflecting this trend, even Eskom, which has traditionally relied on coal, has launched a new business unit focused on developing utility-scale renewable energy projects. With this momentum, the financial institution is energised to finance the continent’s clean energy boom.</description>
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	<pubDate>Wed, 10 Jun 2026 08:16:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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	<title>BHP and JSE join forces to boost African mining exploration</title>
	<link>https://www.bizcommunity.com/article/bhp-and-jse-join-forces-to-boost-african-mining-exploration-736442a</link>
	<description>Mining company BHP and the Johannesburg Stock Exchange (JSE) will co-host the first in a series of workshops to promote and support greater intelligence and collaboration in minerals exploration in key mining jurisdictions in sub-Saharan Africa.</description>
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	<pubDate>Thu, 16 Apr 2026 10:26:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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<item>
	<title>Bank’s pan-African model regains traction, posts profit - despite headwinds</title>
	<link>https://www.bizcommunity.com/article/banks-pan-african-model-regains-traction-posts-profit-despite-headwinds-514250a</link>
	<description>Ecobank Transnational Incorporated (Ecobank)  is one of the most profitable financial institutions on the continent, with a profit of roughly $836m (₦1.21tr) for 2025. Its ability to grow both interest and non-interest income against several headwinds suggests a level of resilience that many competitors are still struggling to achieve.</description>
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	<pubDate>Wed, 15 Apr 2026 12:39:00 +0200</pubDate>
	<source url="https://www.bizcommunity.com/rss/416/357.html">Bizcommunity Finance &amp;amp; Insurance Southern Africa</source>
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