Author: Duncan McLeod

Energy minister Gwede Mantashe might think South Africa’s load shedding crisis can be solved within 12 months. Pick n Pay is betting big money that he’s wrong.

Ellies Holdings has agreed to buy 100% of Bundu Power, a company that specialises in alternative power solutions, for a maximum R202.6-million.

Lulalend has secured R600-million in new funding through a series-B round it has described as “transformational” to its business.

Vodacom Group delivered a 4.7% increase in normalised revenue, to R30.7-billion, in the quarter ended 31 December 2022.

Convergence Partners, the technology-focused private equity firm chaired by Andile Ngcaba, has closed a new digital infrastructure fund at $296-million.

Icasa has come under fire for failing to provide new network and service licences to industry players.

Forza Motorsport, a top racing game on Xbox and PC published by Microsoft Game Studios, is getting a familiar racetrack – to South Africans, anyway.

Michael Jordaan, investor in wireless broadband upstart Rain, said on Tuesday that consolidation in South Africa’s telecoms market is inevitable.

The Advertising Regulatory Board is adding a new clause to the Code of Advertising Practice that deals with cryptocurrency products.

Eskom will impose load shedding on a continuous basis for at least the next two years, board chairman Mpho Makwanan has warned.