Author: Staff Reporter

Blue Label Telecoms, the JSE-listed firm that owns 45% of Cell C, is still in talks about recapitalising the debt-laden mobile operator’s balance sheet.

Unit 4 at the Kusile power station has been synchronised to the national grid for the first time, which should help to alleviate pressure on the system into 2022.

Eskom has blamed an “internal fault” for a transformer explosion that has knocked out unit 8 of the Camden coal-fired power station.

Businesses countrywide will from 1 February pay up to 1 700% more for unrest insurance, with e-commerce companies are also in for a nasty surprise.

Emission control regulations that government wants to impose on Eskom’s power stations will lead to crippling load shedding, the utility said on Tuesday.

Adapt IT’s listing on the JSE will be terminated on 4 January 2022 after 13 years on the bourse’s main board.

US technology-focused private equity giant Accel-KKR has made a “significant” investment in Stellenbosch-based Entersekt.

Eskom chief financial officer Calib Cassim has confirmed that Eskom has applied for an average tariff increase of 20.5% for the next financial year.

Those units in Eskom’s coal fleet that do work are being utilised at a rate of more than 90% versus an international benchmark of 70% – and that concerns lenders, an energy expert has said.

Hewlett Packard Enterprise has appointed Sandile Dube as acting MD in South Africa with effect from 1 January 2022.