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Eskom will reduce load shedding to stage 3, from the planned stage 4, overnight on Thursday after securing a supply of diesel from PetroSA.

Openview and e.tv owner eMedia has blamed Eskom’s load shedding in part for a hit to its earnings in its latest reporting period.

Telkom CEO Serame Taukobong said the operator is open to further talks with MTN Group about a transaction.

The telecommunications operator has reported a poor set of interim results for the six months to end-September 2022.

Telkom is to rein in spending to cope with rising costs after reporting a 17.9% fall in half-year core profit.

Profitability decreased due to higher fuel surcharges, investments in new warehouses and discounted clearance of inventory, parent Naspers said.

Interim profit slipped 93% as the technology investor increased funding of its businesses and took a knock from Tencent.

Telkom’s chairman, Sello Moloko, has resigned and will leave the board by no later than 31 March 2023.

Africa’s largest clothing retailer is expanding rapidly in one of its newest segments – the sale of affordable mobile phones.

The iconic Wits Planetarium in Johannesburg is undergoing an extensive renovation to transform it into a “digital dome”.