South Africa is entitled to as much as R80-billion in emergency funding from the International Monetary Fund should it request financial support to fight the coronavirus, and it could do so with few strings attached.
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Telkom has accused communications regulator Icasa of expropriating its radio frequency assets in its allocation of emergency temporary spectrum to operators last week.
Debt-laden EOH Holdings is disposing of its remaining 30% interest in Construction Computer Software in an effort to further deleverage its balance sheet.
Eskom has declared force majeure – unforeseen circumstances that prevent the fulfilment of a contract – on one of its biggest coal suppliers, Exxaro Resources, setting the stage for possible legal action.
Contact tracing apps must be made with privacy at their heart and only keep data as long as necessary, governments have been told.
Independent energy producers were finally making headway in their bid to persuade government to revive long-stalled plans to buy more renewable power when they encountered a new obstacle: the coronavirus.
TechCentral asked South Africa’s largest mobile operator whether it can take immediate advantage of Icasa’s emergency temporary spectrum assignments and how it plans to use the allocations.
Government will consider a proposal for a once-off wealth tax during an economic recovery planning meeting on Monday, according to a report on Sunday.
South Africa will gradually ease regulations in various sectors to restart activity after the national lockdown and will work on fast-tracking some structural reforms to help the economy recover.
One of the more surprising aspects of communications regulator Icasa’s emergency allocation of temporary spectrum to operators this week is that they’ve been given access to the digital dividend bands.