Naspers has announced it plans to list its video entertainment business on the JSE while at the same time unbundling the unit to shareholders.
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The SABC’s plan to cut costs, including going through a possible retrenchments programme, has hit a political brick wall.
More than half of South Africa’s core coal plants are running low on fuel, with at least four holding less than 10 days of supply, and the country’s power utility plans on trucking and railing emergency stocks as far as 400km.
Econet Wireless Zimbabwe is in talks about restructuring the company, according to two people familiar with the matter. The restructuring may be related to a planned listing of Liquid Telecom.
Machines and automated software will be handling fully half of all workplace tasks within seven years, a new report from the World Economic Forum forecasts.
A proposed South African stimulus package will include a set of economic reforms covering the mining, telecommunications, tourism and transport industries, the presidency said.
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The SABC has slammed remarks by ANC secretary general Ace Magashule on Friday evening that the ruling party would not “allow” retrenchments at the public broadcaster.
Microsoft plans to hike Azure cloud computing service pricing in South Africa by a massive 23.1% next month following a sharp fall in the value of the rand.
MTN Group is considering a replacement for long-time chairman Phuthuma Nhleko, with former deputy finance minister Mcebisi Jonas lined up as his possible successor.