South Africa suspended operations at a key border crossing with Botswana after heavy rains caused flooding.

The Competition Appeals Court has dismissed a bid by Witness owner Capital Newspapers as well as Caxton Publishers for an urgent interdict of Media24’s sale of three media divisions to printing group Novus.

South Africa’s state-owned Central Energy Fund wants to manage petrochemical assets at the nation’s biggest fuel-storage hub after it bought the country’s largest fuel refinery that’s adjacent to the facility last year.

The average temperature in China’s coastal waters rose for a second consecutive year in 2024 to a record 21.50 degrees Celsius, authorities said, in a year that was the world’s hottest since records began.

Members of traditional communities were often fined for not paying levies to leaders, or were refused access to services that should be free.

An overview of the biggest business developments in SA and beyond.

Home Affairs has picked the first round of tour companies to participate in a new scheme to boost tourism from India and China by fast-tracking their customers’ visa applications. Tourists using the scheme are expected “within a matter of weeks”.

A Competition Commission inquiry has recommended that SA’s authorities change the operating and governance models of embattled municipal-owned national fresh produce markets and “corporatise” them.

Shares of SA’s second-biggest private hospital group, Life Healthcare, leapt as much as almost 9% on Monday after it said it has reached a $350 million (almost R6.5 billion) upfront payment deal for its interest in diagnostics business Life Molecular Imaging (LMI).

As hundreds of Los Angeles residents return to find homes reduced to ashes due to a devastating wave of wildfires, many are fearful that their insurance policies may not cover the rebuild cost and that future premiums will be astronomical.

Climate scientist say warming temperatures and droughts are making wildfires more frequent and intense.