Absa shines at Africa banking awards

South Africa's Absa was recognised as the "most innovative bank in Africa" at the African Banker Awards 2009, while Absa's Tanzanian subsidiary, the National Bank of Commerce, was named the "best local bank in Africa".

Another huge gem for Cullinan Mine

The celebrated Cullinan Mine may have given the world another major gemstone. At 507 carats, the diamond – found on South Africa's Heritage Day – is thought be to be among the top 20 biggest high-quality rough diamonds ever found.

Bumper export for Mercedes Benz

In a reassuring sign for South Africa's automotive industry, East London-based Mercedes Benz has shipped over 2 600 locally built C-Class cars to the United States – its largest consignment since November 2008.