Author: Staff Reporter

Eskom has reached “commercial operation status” of its final generation unit at Medupi, one of the world’s largest coal-fired power stations – and likely one of the last of its size to be built.

First National Bank is deploying mobile ATMs in parts of KwaZulu-Natal and Gauteng hit by recent large-scale looting as a temporary measure while it rebuilds infrastructure destroyed in the riots.

Contactless payments platform SnapScan has released an update to its app that allows people to make peer-to-peer payments from its electronic wallet.

South African insurance-technology start-up Pineapple has raised R80-million in a series-A funding round from investors including Vunani Capital and Old Mutual.

Convergence Partners, the private equity investment firm controlled by businessman and entrepreneur Andile Ngcaba, has announced the first close of its third fund after raising $120-million.

MTN is working to expand its 5G coverage, despite uncertainty about the allocation of new spectrum, and has deployed 5G towers in Polokwane and Emalahleni, with more towns to follow.

A powerful cold front that swept across South Africa overnight, coupled with a loss of generation capacity, means Eskom will implement load shedding from 4pm to 9pm on Thursday.

New data released by Netstar, the vehicle tracking and recovery firm owned by JSE-listed Altron, has shows clearly the massive impact of last week’s riots on South Africa’s trucking industry.

Naspers, through its Foundry start-up investment business, said on Wednesday that it is investing R34-million in Ctrl, a digital short-term insurance marketplace that connects consumers, brokers and insurers.

The University of Cape Town is launching an “online high school”, offering a free online curriculum to anyone with an Internet connection.