President Cyril Ramaphosa announced sweeping changes to the nation’s electricity industry to address energy shortages and reduce reliance on debt-stricken state power utility Eskom.
Author Agency Staff
Oracle executive chairman Larry Ellison is making friends with his enemy’s enemy, who happens to be the President of the United States.
South Africa’s debt-stricken power utility Eskom has begun a process to offer managers voluntary severance packages. The board allocated a budget of R400-million to the plan.
Spain had seen no reason to cancel the event on health grounds, deputy Prime Minister and economy minister Nadia Calvino said in an interview on Thursday.
Jeff Bezos is on a shopping spree befitting the world’s richest man. The Amazon.com founder agreed to pay $165-million for a Beverly Hills mansion, according to a person with knowledge of the matter.
US treasury secretary Steven Mnuchin said on Wednesday that the US soon will announce new regulations related to crytocurrency and digital payment systems.
The wireless industry scrapped its biggest annual showcase after the coronavirus outbreak sparked an exodus of participants, roiling telecommunications companies just as they’re preparing to roll out new 5G services.
Samsung Electronics is starting a new decade with a new chief in charge of its mobile business, but it’s doing it in the same old fashion: by leaning into its semiconductor advantage to overwhelm consumers with unmatched specs.
Due to some improvement in the power system, Eskom will not implement any load shedding on Wednesday, the state-owned power utility said.