Inflation and rising interest rates in South Africa are two factors that Naspers has pointed to for a loss at Takealot.
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Naspers on Tuesday reported a 78% slump in annual profit, led by a drop in the contribution from Tencent.
South African mining companies are developing a combined 6.5GW of renewable power, the Minerals Council said.
Paratus Group will construct Angola’s first tier-4 “by design” data centre in Luanda, Angola.
MTN South Africa will deploy a 4.5MW multi-technology energy production facility at its head office.
Eskom has been able to reduce load shedding due to the improvement of the energy availability factor.
The Free Market Foundation has warned proposed new legislation could pose a threat to South Africans’ right to privacy.
Eskom has been given permission to bypass pollution abatement equipment at its giant Kusile plant.
YouTube is internally testing a product for playing online games, the Wall Street Journal reported.
IHS Holding is consulting with JPMorgan Chase & Co for advice regarding an escalating standoff with its largest shareholders.