The prohibition on the private ownership and free trading of spectrum is an “artefact” that has “neither a technological basis nor is supported by economic theory”, says the Free Market Foundation.
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The Financial Services Conduct Authority has begun an insider trading investigation that will “cover disclosures and transactions in Huge Group securities during January 2021”, it said on Thursday.
EOH Holdings has reduced its headcount by 1 566 employees in the past six months, mainly through selling or closing non-core and non-performing businesses, as it streamlines its operations and further reduces debt.
EOH Holdings’ six-monthly revenue, for the period ended 31 January 2021, fell by 29% year on year, mostly due to the disposal of businesses, as it said legacy public sector contract problems are now “under control”.
A 24Tbit/s submarine telecommunications system connecting South Africa to the islands of Madagascar, Reunion and Mauritius has gone live and is carrying Internet traffic between the countries.
Sasol and project partner Toyota will install hydrogen refuelling infrastructure along the N3 highway connecting Johannesburg and Durban, CEO Fleetwood Grobler said in a statement on Wednesday.
Government’s plan to create a wholesale open-access network “will serve no useful purpose” and could, in fact, harm consumers – the exact opposite of what it’s meant to achieve, the Free Market Foundation said.
Government’s proposed deal with Karpowership to buy electricity generated on its three floating power stations over a period of 20 years will expose consumers to considerable risk.
Binance coin has strengthened its position as one of the world’s largest cryptocurrencies after a 53% rally in the past seven days to the third spot behind bitcoin and ether.
Eskom will implement load shedding from 9pm on Tuesday evening as it fights breakdowns at its power plants. The power cuts – at stage 2 – will last until 5am on Wednesday.