Groupe Canal+ has again increased its stake in MultiChoice, acquiring more than 30% of its, according to a regulatory filing.
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President Cyril Ramaphosa’s declaration of a state of disaster over the energy crisis resorts to a measure that resulted in massive squandering of public funds.
The rand is headed for a fourth weekly loss versus the dollar. The currency’s underperformance is specific to South Africa.
President Cyril Ramaphosa has declared a national state of disaster over South Africa’s crippling power shortages, saying they posed an existential threat to the economy.
Self-generation of electricity by businesses and households is likely to reduce rolling blackouts without compromising Eskom’s business model, a top economist said.
With Microsoft adding artificial intelligence to its Bing search engine, CEO Satya Nadella sees another opportunity to challenge Google’s dominance.
Data centre operator Teraco has acquired the building housing its CT1 facility.
President Cyril Ramaphosa will deliver his seventh state of the nation address on Thursday at a parlous juncture in his tenure.
Energy minister Gwede Mantashe might think South Africa’s load shedding crisis can be solved within 12 months. Pick n Pay is betting big money that he’s wrong.
Consumers will face much higher prices unless the government urgently finds solutions to the power cuts that are crippling the economy, an industry group has warned.