President Cyril Ramaphosa vowed to rescue the ailing state power utility by providing it with financial support and splitting it into three entities after it suffered massive losses and piled on debt.
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President Cyril Ramaphosa unveiled plans to revive the flagging economy and create jobs, including removing obstacles to investing and doing business, attracting more tourists and stepping up the fight against graft.
As if cryptocurrencies haven’t been through enough already, they may be poised for yet another leg down.
Much of the responsibility for the state of the dust-handling plant at the Medupi and Kusile power stations should be assigned to Eskom Generation rather than the contractor, says Jeremy Kirsch, MD of Clyde Bergemann Africa.
The Competition Commission has elected not to refer complaints against pay-television operator MultiChoice and its SuperSport subsidiary to the Competition Tribunal.
Huge Cellular is taking Cell C to court seeking urgent interim relief preventing the mobile operator from suspending services at the end of this month that could cut off the telephone lines of thousands of clients.
There’s been enough bad news about Eskom in recent months to rattle the hardiest bond investor. Or so you’d think.
Paid music streaming looks set to overtake free services for the first time later this year, as more people opt to pay for the likes of Spotify and Apple Music.
North is not quite where it used to be. Earth’s North Magnetic Pole has been drifting so fast in the last few decades that scientists say past estimates are no longer accurate enough for precise navigation.
MTN Group said on Monday that it expects to report an improvement of at least 20% in headline earnings and attributable earnings per share for the year ended December 2018.