Author: Staff Reporter

As IT systems outages go, this one was doozy. Capitec went offline for almost two days last week, infuriating its customers.

The presidency said government has made significant progress in structural reforms, including the successful auctioning off of broadband spectrum.

Progress in bringing generation capacity online, coupled with low weekend demand, means Eskom will no longer implement load shedding on Sunday.

Eskom will implement load shedding at stage 2 on both Saturday and Sunday between 4pm and midnight as it continues to struggle to cope with demand.

Eskom will implement stage-4 load shedding on Thursday as it struggles with increased demand due to colder weather and plant breakdowns.

TymeBank on Wednesday announced that it is acquiring Retail Capital, a fintech company that offers finance to SMEs.

Eskom will implement load shedding at stage 2 from 4pm on Wednesday and Thursday.

South Africa could be plunged back into load shedding later on Tuesday after only a brief respite from the rolling power cuts that plagued the country through much of July.

MTN Group said it expects headline earnings per share to jump by between 40% and 50% in the six months to 30 June 2022.

Eskom on Friday unveiled the names of the successful bidders for the supply of battery storage solutions under its “flagship” battery energy storage system project.