Virgin Orbit filed for bankruptcy after the satellite launch firm tied to billionaire Richard Branson failed to secure the funding needed to keep operating.
Author: Agency Staff
South Africa will exempt Eskom from having to report irregular spending to avoid harming the company’s credit rating.
ByteDance’s revenue surged more than 30% to surpass $80-billion in 2022, matching the tally at archrival Tencent.
The New York Times has lost its Twitter verified badge, after attracting the ire of billionaire owner Elon Musk over its refusal to pay for the privilege.
Telkom has kicked off the sale of a stake in its fibre business, as it seeks to unlock value for shareholders and boost profit.
South Africa has told rich countries backing its $8.5-billion energy transition deal that it wants to delay the closure of some units at its coal-fired power plants.
The Eskom Pension and Provident Fund plans to expand into venture capital to reduce its dependence on traditional investments.
Atul and Rajesh Gupta, who are wanted in South Africa on charges of money laundering and fraud, applied for asylum in two African countries, a report said.
Eskom is considering buying electricity from a Karpowership plant to be located offshore from Mozambique.
South Africa has expressed concern that the United Arab Emirates has yet to provide an update on a request to extradite Atul and Rajesh Gupta.