The latest plants built by South Africa’s financially strapped power utility experienced outages on Thursday that led to ongoing electricity cuts.
Author: Agency Staff
Facebook is undergoing one of its most widespread and persistent system outages, with users across the globe unable to access its social network and services from Instagram to Messenger.
MTN Group plans to push ahead with an initial public offering of its Nigeria unit in April or May once Africa’s biggest wireless carrier resolves a $2-billion tax dispute in the country.
Apple, after teasing investors for months about its ambitions to become a services company, is getting ready to showcase plans for new video and news products. All it needs now is for Hollywood to sign up.
It’s not even the end of the first quarter and already there’s a plethora of once-significant South African companies that have either collapsed or had their share prices hit the wall.
Jumia has kick-started a plan to sell shares in New York as the fast-growing Nigerian firm seeks to take advantage of rising Internet access and increasing smartphone use on the continent.
As Eskom continues to warn consumers of rotational load shedding, deputy President David Mabuza has told MPs that the power utility has developed a detailed turnaround plan to address its challenges.
Top US universities are shunning research money from Huawei amid pressure from congress and the Trump administration to limit dealings with the Chinese company over national security concerns.
Apple continues to struggle with iPhone demand, with trends going “from bad to worse”, according to Longbow Research.
Volkswagen aims to produce almost 50% more electric cars than it previously targeted, boosting a bet that has already strained profit margins.