Author: Staff Reporter

Wet coal aside, Eskom’s immediate outlook for its available generation capacity is much improved from a month ago. However, the longer-term outlook does not look encouraging.

MTN Group said on Tuesday that it has agreed to sell its 20% shareholding in BICS – formerly Belgacom International Carrier Services – to Proximus Group in a transaction worth R1.8-billion.

Load shedding is back, this time in the middle of the week, as Eskom struggles with supply problems. The power interruptions are set to start at 10pm on Tuesday and will run until 5am on Wednesday.

Vodacom South Africa said on Monday that owners of Apple’s latest iPhone 12 smartphones can finally connect to the company 5G network.

City Power, Johannesburg’s municipal electricity supplier, has moved to a two-hour load-shedding schedule and announced changes to its load-shedding blocks – both implemented with immediate effect.

Eskom will implement stage-2 load shedding from midday on Friday, with the cuts expected to continue all weekend, as heavy rains impact the utility’s ability to burn coal.

IT services company Gijima said on Thursday that it has been given the green light by the Competition Commission to acquire rival T-Systems South Africa.

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.