Police arrested two senior ex-managers at Eskom and a number of other suspects over allegations of fraud, corruption and money laundering at the Kusile power plant.
Author: Agency Staff
Takeaway.com raised its bid for Just Eat just minutes after Naspers spin-off Prosus upped its offer, intensifying a battle for ownership of the UK food delivery firm.
Facebook is pursuing rights to music videos from major record labels, programming that could boost interest in its Watch video service, according to people familiar with the matter.
Bernard Ebbers, the former WorldCom CEO, was ordered freed from prison, almost eight years before he was due to be released.
Edward Snowden can’t profit from his recently released memoir because he failed to get pre-publication clearance from US security agencies, a judge ruled.
The US government is weighing new limits on sales of chips and other vital components to China’s Huawei Technologies, sparking another furious round of lobbying by technology companies.
Government is reviving a so-called energy “war room” to tackle the nation’s electricity crisis, as it brought forward the date when the incoming CEO of the state power utility will start work.
Cabinet has mandated public enterprises minister Pravin Gordhan to engage the newly appointed Eskom chief executive, André de Ruyter, on the possibility on commencing in the role earlier than anticipated.
The probability of load shedding is low this week, despite a constrained and vulnerable system, Eskom said on Tuesday.
Intel has bought Habana Labs, an Israeli start-up that develops chips for artificial intelligence applications, for about $2-billion to bolster its efforts in the fast-growing market for AI silicon.