South Africa appointed a new board at struggling utility Eskom, with Jabu Mabuza becoming chairman, and ordered a new permanent CEO to be named within three months. As well as the appointment of Telkom chairman Mabuza
Author: Agency Staff
Authorities in drought-stricken Cape Town have told residents that it is “now likely” that water supplies will be cut because of dwindling levels in dams serving the country’s second largest metropolis. Cape Town will impose tighter water
For more than two decades, Jeff Bezos has famously sacrificed profit for growth, persuading Wall Street that Amazon.com was best served pouring money into the logistical nuts and bolts that have turned his company into the
Google and Tencent have agreed to share patents covering a range of products and technologies, an alliance between two of the world’s largest corporations. The cross-licensing deal comes with an understanding that the search
Apple has said it will bring hundreds of billions of overseas dollars back to the US, pay about $38bn in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centres in the coming years. The iPhone
South African prosecutors have moved to freeze the assets of suspected allies of the politically connected Gupta family more than a year after the nation’s top graft ombudsman outlined the depth of state looting in the country
The threat of large-scale cyberattacks and a “deteriorating geopolitical landscape” since the election of US President Donald Trump have jumped to the top of the global elite’s list of concerns, the World Economic
Bitcoin’s recent wobbles have given fresh urgency to a question that’s gripped market observers for much of the past year: will the cryptocurrency go down as one of history’s most infamous bubbles, alongside tulip mania
There’s a growing debate over how much power will be sucked up by the world’s growing ranks of cryptocurrency miners. Last week, Morgan Stanley analysts said miners of Bitcoin could use as much as 140 terawatt-hours of electricity
Ferrari will make a battery-powered supercar to challenge Tesla at the high end of the electric-auto market, CEO Sergio Marchionne said. The race-car maker, spun off from Fiat Chrysler Automobiles, has been expanding its line-up