Eskom has welcomed President Cyril Ramaphosa’s efforts to liberalise the energy sector, saying it will give the utility the space to increase maintenance.
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Telkom has gone to court to have President Cyril Ramaphosa’s decision to order a probe into alleged malfeasance at the company declared unconstitutional and invalid.
MetroFibre Networx is continuing its aggressive fundraising drive: the company has now secured a R5-billion debt financing package from Standard Bank Group.
Online sales nearly doubled in the retailer’s most reporting period compared to the same period last year as shoppers warm to buying their groceries on the Internet.
President Cyril Ramaphosa on Monday night scrapped licence rules for private power generators in a sweeping overhaul of the energy industry.
President Cyril Ramaphosa addressed the nation on Monday evening about the energy supply crisis in South Africa and government’s plans to address the problem.
South Africa plans to try and resolve its chronic power shortage by making it easier for private companies to build plants and paying households and businesses to produce electricity from solar panels.
Telkom paid its former group CEO, Sipho Maseko, R20-million in retention bonuses in the past two years plus a R32-million restraint to prevent him being poached by competitors.
South Africa has formally asked the United Arab Emirates to extradite Rajesh and Atul Gupta, the justice minister said on Monday.
Articles claiming Eskom will impose a new R938 levy on South African solar users are “fake news”. There is no proposed special levy for solar users.