Vodacom Group reported a 5.1% fall in half-year earnings on Monday and declared an interim dividend of R4.20/share, up 1.2%.
Author: Agency Staff
Eskom wants the government to take over about half of its debt so it can accept support pledged by rich nations to help reduce dependence on coal and cut emissions, City Press reported.
The Biden administration spurned a plan by Intel to increase production in China over security concerns, dealing a setback to an idea pitched as a fix for US chip shortages.
Spotify on Thursday made a major push to have more audiobooks on its platform by buying Findaway as it tries to recreate its success with podcasts.
Ethiopia expects its second telecommunications provider to start operations in the first quarter of next year despite conflict in the country.
US President Joe Biden on Thursday signed legislation to prevent companies that are deemed security threats from receiving new equipment licences from US regulators.
Tesla CEO Elon Musk unloaded $5-billion of stock in the electric car maker, shortly after holding a poll on Twitter over whether he should sell 10% of his stake.
Key government ministers have reached a broad agreement to sell some of Eskom’s coal-fired power plants to help reduce its debt burden, finance minister Enoch Godongwana said.
Bolt, a rival of Uber’s ride-sharing and food delivery business, plans to focus on Europe and Africa for now, CEO Markus Villig said.
Sony has reduced its PlayStation 5 production outlook for this fiscal year due to component and logistics constraints.