Author: Staff Reporter

South Africa’s largest cinema chain, Ster-Kinekor, has been placed into voluntary business rescue after it fell victim to the Covid-19 lockdown measures, which forced it into a loss-making position.

Eskom hopes its proposed retail tariffs for 2021 will help solve a looming problem triggered by increased solar generation across the country.

Musica will soon be no more. Clicks Group announced on Thursday that it will close the music retailer’s stores countrywide.

Liquid Telecom Group has acquired the Middle East & Africa operations of Quattro Business Solutions, a company that specialises in Microsoft Dynamics enterprise software.

A former IT executive at mobile operator Cell C, Mohamed Ismail Adamjee, has been arrested by the Hawks in connection with an alleged R64-million tender scam, according to a report.

First National Bank has launched its Virtual Card offering to all customers after a period of beta testing. The bank believes this will make both online and physical payments significantly safer and more convenient.

Cape Town-founded agritech start-up Aerobotics has raised $17-million in a series-B funding round led by Naspers.

Eskom has firmed up a plan to implement load shedding in Johannesburg in two-hour blocks, instead of the current four-hour interruptions, with effect from 19 January.

Eskom’s official three-month outlook for demand and generating capacity shows a high likelihood of load shedding every single week until mid-April. But there is reason for encouragement.

Residents and businesses in Johannesburg may soon find load-shedding times reduced from the current four-hour blocks, to the two-hour blocks imposed elsewhere in South Africa.