South Africa’s largest labour federation, Cosatu, will present its proposal to rescue state power company Eskom to senior members of government and the business community on Monday.
Author: Agency Staff
In July 2017, IBM executive Arvind Krishna walked into a routine meeting with senior leaders and delivered a surprise pitch that changed the course of the iconic 108-year-old company’s future.
Bitcoin’s infrastructure is more centralised than ever before, raising alarms about the security and viability of what is championed as a decentralised network.
Apple is temporarily closing its 42 shops in mainland China, one of its largest markets, amid the rapid spread of coronavirus.
Eskom has warned South Africans to brace for more frequent power cuts as it halts the deferral of planned maintenance. The rand weakened as a result.
Mark Zuckerberg used to want everyone to like Facebook Inc. Now, he doesn’t care anymore.
South Africa has no fiscal space left and must implement strong budget consolidation and state-owned company reforms to ensure its debt sustainability, the International Monetary Fund said.
Concern about the cost of Amazon’s one-day delivery pledge lingered after a busy holiday period, holding the stock back while shares of rivals including Microsoft, Google and Apple all rallied. That abruptly changed on Thursday.
IBM has named Arvind Krishna as chief executive officer, replacing longtime CEO Ginni Rometty. She will be remembered for two main things: shrinking sales and initiating IBM’s third major transformation.
Eskom will resume cutting 2GW from the South African grid at 9am on Friday until 6am on Monday due to a shortage of generation capacity and depleted emergency resources.











