Adapt IT’s headline earnings per share for the six months ended 31 December 2019 will fall by as much as 51.7%, the software group said in a trading statement after markets closed in Johannesburg on Friday.
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Eskom’s new boss has taken a first step to reduce the indebted South African power utility’s bloated wage bill while avoiding a potential clash with labour unions.
Stage-3 rotational load shedding will be implemented from 9am on Saturday until 5am on Monday, state-owned electricity utility Eskom said.
Just three months after Google launched its free public Wi-Fi initiative, known as Google Station, in South Africa, the Internet giant is backing out of the business worldwide.
Shares in technology distribution group Alviva Holdings tumbled more than 25% in intraday trading in Johannesburg on Friday after it shocked investors with a profit warning.
Chinese telecommunications giant Huawei will launch upcoming flagship smartphones in South Africa, even though they don’t have access to Google Mobile Services, the company said on Friday.
President Cyril Ramaphosa’s plans to overhaul the energy industry have some way to go before they provide answers to the nation’s crippling power shortages.
President Cyril Ramaphosa announced sweeping changes to the nation’s electricity industry to address energy shortages and reduce reliance on debt-stricken state power utility Eskom.
Dimension Data’s Internet Solutions has become the second company, after Vodacom, to sign an agreement with Liquid Telecom South Africa for the procurement of wholesale 5G services.
Even when South Africa has completed the switch-off of analogue television broadcasting signals as part of the long-delayed broadcasting digital migration project, the spectrum may still not be available for broadband operators.