Author: Staff Reporter

Africa Data Centres has drawn down the first tranche of $83-million of $300-million in funding it secured recently.

Eskom said it is “considering” cutting the power to the City of Tshwane, which includes Pretoria and Centurion, over non-payment by the metro.

The communications regulator has appointed Norman Gidi as acting CEO from 1 September following the resignation of Willington Ngwepe.

The retail group has secured loans worth R3.5-billion from major banks to fund big investments in renewable energy and other environmental projects.

Eskom warned that stage-2 cuts could be imposed over the weekend after a unit at the Koeberg nuclear power station had to be shut down.

Telkom has become the latest telecoms operator to muscle into the banks’ traditional area of expertise, offering loans to small businesses.

As feared, Eskom will again implement rolling power cuts nationwide from 4pm on Wednesday, with a repeat to take place on Thursday.

The JSE-listed fast-moving consumer goods giant has announced plans to reduce its reliance on Eskom and the national grid.

US Internet giant Google has acquired a stake in East African e-logistics company Lori Systems for an undisclosed sum.

Take a deep breath: load shedding is back, Eskom said on Tuesday, with stage-2 power cuts to be implemented from 4pm to midnight.