Absa Group said the combined impact of the worst power cuts in living memory and soaring interest rates has left SMEs and consumers at risk of default.
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South Africa risks becoming a “failed nation state” unless government resolves the energy, corruption and unemployment crises, said Ralph Mupita.
Eskom has a “rich” choice of candidates to fill the role of CEO, but the appointment process could take months to conclude, according to its chairman.
Electricity minister Kgosientsho Ramokgopa has met with senior executives in South Africa’s telecommunications industry.
Eskom is rooting out fraud and corruption within its ranks and supply chain, writes the state-owned utility’s chairman.
The creation of every new chatbot and image generator requires a significant amount of electricity.
Copenhagen Infrastructure Partners has acquired a controlling stake in Mulilo Energy Holdings.
JSE-listed Reunert has reach an agreement to buy 74.2% of management and technology consulting firm IQbusiness.
Seacom said on Thursday that its CEO, Oliver Fortuin, is stepping down after two years in the role.
Karpowership has had its environmental application to moor a ship-mounted power plant at the port of Saldanha Bay suspended.