Author: Staff Reporter

Eskom said on Wednesday that it had successfully recovered R30-million that it “unlawfully” paid its pension fund for the benefit of its disgraced former CEO.

Discovery Bank reported a nearly R1-billion loss in the year ended June 2022, though parent Discovery Group said the bank remains on track to achieve its targets.

Just when we thought things were starting to stabilise, Eskom is back to remind us that all is not well with South Africa’s electricity system.

MTN Group has settled $300-million in Eurobonds that were due in 2024 early, helping deleverage its balance sheet.

The Internet Service Providers’ Association has warned that draft regulations dealing with .za domains could damage the popular .za brand.

The .ZA Domain Name Authority has appointed the ZA Registry Consortium as the registry operator for .za commercial second-level domains.

Cryptocurrency exchange Luno has appointed Christo de Wit as country manager of its South African operation, it said on Friday.

Syspro’s chief operations officer, Jaco Maritz, will take the global CEO reins at the Johannesburg-headquartered provider of mid-market ERP software.

Cell C on Wednesday said its chief financial officer, Zaf Mahomed, is stepping down to pursue “new business opportunities”.

MTN Group has appointed Christian Bombrun as CEO: Digital Platforms, replacing Minnie Harris, who has been acting in the position since April.