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South African Firms Face Pressure Due to Anti-Immigrant Protests

South African Firms Face Pressure Due to Anti-Immigrant Protests
Bloomberg Technology Monday 15 June 2026, 04:45 UTC By S'thembile Cele, Loni Prinsloo 1 min read
Key Points

TOPSHOT - Nkosikhona "Phakelumthakathi" Ndabandaba (3rd R) gestures as he gives instructions to the crowd during a protest march against undocumented migrants in Springs, Ekurhuleni, on June 8, 2026. Hundreds of anti-migrant protesters marched through a township outside Johannesburg on June 8, 2026, a day after South African President Cyril Ramaphosa pledged action against groups accused of fuelling xenophobic violence. South Africa has seen recurring bouts of anti-migrant violence, with...

TOPSHOT - Nkosikhona "Phakelumthakathi" Ndabandaba (3rd R) gestures as he gives instructions to the crowd during a protest march against undocumented migrants in Springs, Ekurhuleni, on June 8, 2026. Hundreds of anti-migrant protesters marched through a township outside Johannesburg on June 8, 2026, a day after South African President Cyril Ramaphosa pledged action against groups accused of fuelling xenophobic violence. South Africa has seen recurring bouts of anti-migrant violence, with protests intensifying this year after vigilante groups ordered undocumented foreigners to leave by June 30. (Photo by EMMANUEL CROSET / AFP via Getty Images)
South African (ORG) Springs (LOCATION) Ekurhuleni (ORG) Johannesburg (LOCATION) Cyril Ramaphosa (PERSON) South Africa (LOCATION) EMMANUEL CROSET (PERSON) Getty Images (ORG)
Originally published by Bloomberg Technology Read original →

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