Author: Staff Reporter

EOH Holdings has reported a full-year loss of R280-million, an improvement from the R1.7-billion loss in the 2020 financial year.

Takealot Group, South Africa’s largest online retailer, has announced plans to build a giant new distribution centre in Cape Town.

Public enterprises minister Pravin Gordhan has tried to assure South Africans that the elections on 1 November will not be disrupted by a lack of power.

Eskom’s electricity supply crisis is intensifying, with the state-owned power monopoly implementing stage-4 load shedding from midday on Wednesday.

Seacom has acquired the metropolitan fibre network of Kenya’s Hirani Telecom to serve its enterprise customers in the country.

So far this year, Eskom has experienced 342 unit trips against a target of 196, 4.61GW of load losses against a target of 3.97GW and 23.1% unplanned load losses against a target of 18%.

The state-owned power utility said the rolling cuts will begin at 9am on Tuesday and last until at least 5am on Saturday, two days before South Africans go to the polls.

Customers can now use their virtual cards in Samsung Pay, Apple Pay, Garmin Pay and Fitbit Pay as well as in the bank’s own tap- and scan-to-pay solution.

Eskom will implement stage-2 load shedding from 9pm on Saturday until 5am on Monday, the state-owned electricity utility said on Twitter.

Metrofile has agreed to buy 70% IronTree Internet Services from the founding shareholders, with the remaining tranche to be bought in 2024.