MTN Group plans to start a dispute resolution process if talks with Ghanaian authorities over a surprise back-tax bill it received last week fail.
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Eskom said it would shorten power cuts from Tuesday morning, but electricity shortages look set to continue at least into 2024.
Opposition politicians and South Africa’s biggest labour union say they’re readying a lawsuit as blackouts cripple the nation.
The rand slumped on Monday as investor concerns mounted over a power crisis that prompted President Cyril Ramaphosa to cancel a trip to Davos.
Despite criticism, BMW appears to be doubling down on its decision to charge owners of its cars subscription fees to access services and features.
Shares in MTN Group took a smack on Monday after it said it was facing a R13-billion claim from Ghana’s tax authority.
President Cyril Ramaphosa will no longer attend the World Economic Forum in Davos due to the ongoing energy crisis.
Bitcoin has bolted out of January’s starting gates with a climb of more than 28%.
MTN Group has encountered significant turbulence in one of its more important markets, Ghana, with tax authorities there claiming they are owed billions in unpaid taxes.
Eskom said on Friday that reducing load shedding, currently being implemented at stage 6, is its “highest priority”.











