Four senior Eskom executives, including CEO Tshediso Matona, have been asked to step aside as the power utility embarks on a fact-finding inquiry, board chairman Zola Tsotsi said on Thursday. “To
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Eskom on Thursday announced that it has asked its CEO Tshediso Matona and two other executives to “step aside” while an inquiry into the parastatal is conducted. Matona has been in the top job at Eskom for only six months. Before joining Eskom, he
The SABC board passed a vote of no confidence in nonexecutive director Hope Zinde and removed her from the post on Thursday. “Today’s meeting managed to only deal with issues relating to one
Pierre Spies has been named as deputy CEO at technology group Pinnacle Holdings and is set to take the reins when the current CEO, Arnold Fourie, steps down. After a torrid year for the group, which included an investigation
Standard Bank has warned of downtime that will affect its customers for most of this coming Sunday. “Standard Bank wishes to advise customers of a planned system upgrade due
Billed as the cheapest Windows Phone Lumia device to hit the South African market, Microsoft on Thursday announced it would sell its entry-level Lumia 435 smartphone starting at R1 149. The 435 is the first 400-series Lumia. Low-cost Lumia devices have proved
Technology group EOH has continued its upward momentum in the six months ended January 2015, with headline earnings per share rising by 26,4% on the back of a 39,4% increase in revenue to R4,6bn. Profit after tax increased by 37,7% to R340m, while cash shot
A joint sitting in parliament on digital migration was packed to the rafters this morning. But the stars of the show, communications minister Faith Muthambi and telecommunications & postal services minister Siyabonga Cwele, failed to appear. Their deputies
No minister, no deputy minister, no director-general, late paperwork and a broken air conditioning system marked the start on Tuesday of an energy department briefing on South Africa’s electricity crisis. Opposition MPs serving on parliament’s energy portfolio committee angrily
Digital natives, people between the ages of 18 and 24 who grew up with the Internet, interact more with retailers via social media than anyone else, according to a PwC survey released on Tuesday. Digital natives would be important in how shopping changed, both in-store