National treasury has allocated R200m to the department of energy for preparatory work to consider the costs, benefits and risks of building four more nuclear power stations in South Africa, it
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China pledged US$50bn (R660bn) towards industrialisation projects in South Africa and the rest of the African continent on Tuesday, ahead of its upcoming Forum on China-Africa Cooperation. The pledge was announced during a courtesy visit by Zhang Xiangchen, vice minister
The auditor-general’s office has identified millions of rand in wasteful and irregular expenditure from government institutions such as public broadcaster the SABC. In a presentation to the
Motorists who have had their cellphones impounded have one last chance to reclaim their devices at half the release fee before the City of Cape Town auctions 500 handsets. “The offer is valid from 21 October til the end of November, by which time we should be ready to
Eskom’s snub against any more independent power producers (IPPs) connecting much needed power to the grid was a temporary measure, said CEO Brian Molefe. Two weeks
Telkom and Old Mutual have reached a deal in terms of which the telecommunications operator will provide funeral cover to its customers. The first product will offer Telkom’s prepaid customers with “loyalty funeral cover”, underwritten by Old Mutual, valued at
The Competition Commission has appointed Nompucuko Nontombana as divisional manager of enforcement and exemptions. She takes over from Junior Khumalo, who has resigned and taken up a role at communications regulator Icasa. Nontombana has
isted technology group Adapt IT has announced it will acquire specialist software firm CQS Investments for R216,8m. CQS Investments is a 20-year-old company with 4 000 clients. It develops its own software and distributes software developed by third-party companies CaseWare
Fast-growing listed technology services company EOH has announced it has acquired Mehleketo Resourcing, which employs 350 people and has a turnover of R300m/year. The value of the acquisition
Samsung is the dominant cellphone brand in the minds of urban consumers, according to new research by BMI-TechKnowledge. When asked what handset they would choose in the future, nearly a third of 1 500 survey respondents interviewed in metropolitan areas selected Samsung