Naspers shares were trading more than 5% lower on Tuesday after the JSE-listed technology investor warned about a big slide in earnings.
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Elon Musk’s losses for 2022 topped $100-billion as shares of Tesla dropped to the lowest level in two years.
Government said it’s urgently seeking funds to buy diesel that’s needed to fuel some of Eskom’s power plants.
The Rohatyn Group said it will acquire South Africa’s Ethos Private Equity to help the US investment firm expand on the continent.
Zapper CEO Mike Bryer tells TechCentral about why working with customers can be hugely rewarding and why multitasking is a bad idea.
Energy expert Chris Yelland said the utility has told him that its emergency open-cycle gas turbines will remain silent until then.
The state-owned utility will implement stage-5 load shedding from Monday until at least Wednesday, it warned on Sunday.
S&P Global Ratings expects government to fulfil its commitments to investors in Eskom as it finalises a plan to tackle the utility’s massive debt burden.
The Africa head of Ford said South Africa must deliver policy certainty on electric vehicles within six months to save its motor manufacturing industry.
After plunging South Africa back into intense stage-4 load shedding on Friday, Eskom has now warned of “more erratic” changes.