The unlawful industrial action at Eskom’s power stations is costing South Africa three stages of load shedding, CEO André de Ruyter said.
Author: Duncan McLeod
The board of JSE-listed technology group Mustek has appointed Hein Engelbrecht as its new CEO with immediate effect.
Shares in Alviva Holdings leapt higher on Thursday after the group received an offer from a black-led consortium to buy it out.
JSE-listed Datatec has agreed to sell its Analysys Mason business for as much as £210-million, with the proceeds to flow directly to the group’s shareholders.
After successfully halting analogue switch-off on 30 June, e.tv has said it knows it needs to vacate the analogue spectrum bands as soon as possible.
The constitutional court gave communications minister Khumbudzo Ntshavheni a bloody nose on Tuesday after it sided with e.tv in a high-stakes legal battle.
Eskom has announced that for only the second time in history, the country will be subjected to stage-6 load shedding.
Eskom has warned that there is a “very real risk” of stage-6 load shedding during the evening peak on Tuesday as an illegal strike at Eskom intensifies and turns violent.
Takealot Group has built a powerful platform that will stand it in good stead in an increasingly competitive market, said Naspers CEO Bob van Dijk.
Takealot Group, which includes South Africa’s biggest e-retailer, Takealot.com, increased revenue by 27% in the past year, and remained near breakeven during the period.