Eskom CEO Brian Molefe said the only thing he has been captured by is South Africa’s constitution. He was responding to parliamentarians on Wednesday, who were questioning Eskom’s relationship with Gupta-owned coal mining company Tegeta
Author: Agency Staff
The third unit at Ingula Pumped Storage Scheme was brought into commercial operation on Tuesday, Eskom CEO Brian Molefe announced on Wednesday. Each unit adds 333MW of peak power to the grid, which is key in the
While ANC secretary general Gwede Mantashe’s address regarding finance minister Pravin Gordhan’s battle with the Hawks pushed the rand down by 10c on Tuesday, it was the US rate hike threat that caused further concern over
David Drummond, the chief legal officer at Google parent company Alphabet, has stepped down from Uber Technologies’ board of directors as the two companies move further into each other’s territories. Drummond joined the board in 2013 when
The Communication Workers Union has called on MTN chief human resources officer, Nhlanhla Qwabe, to step down in its latest war of words with the network. The union is set to meet MTN in court on Tuesday after
Just across the border from Hong Kong in southern China, two gleaming towers of glass and steel are rising in a city long known for its manufacturing prowess. This is the new headquarters for Tencent Holdings, a US$599m
Telecommunications industry veteran Enzo Scarcella is leaving his role as chief marketing officer at Telkom after spending three years at the company. Prior to joining Telkom, Scarcella was the managing executive at
Apple was ordered to repay a record €13bn (US$14,5bn; R210bn) plus interest after the European Commission said Ireland illegally slashed the iPhone maker’s tax bill. The world’s richest company benefited from a “selective tax treatment” in
Splits in South Africa’s ruling party over a police investigation of the finance minister are marking the battle lines for control of the ANC after President Jacob Zuma steps down as its leader next year. The tension within the party
The CEO of Net1 UEPS Technologies, which has the contract to distribute South Africa’s R129bn in annual welfare payments, said he isn’t “remotely concerned” about the outcome of a court case that could stop deductions for services such as funeral