Browsing: News

Nedbank said on Thursday that a security breach at a third-party supplier has compromised the details of as many as 1.7 million of its clients.

The cable breaks affecting international Internet connectivity to South Africa should be fully repaired in the coming days, according to the latest updates.

South Africa’s debt-stricken power utility Eskom has begun a process to offer managers voluntary severance packages. The board allocated a budget of R400-million to the plan.

Messaging platform WhatsApp has surpassed two billion active users. The encrypted messaging service, founded in 2009, was bought by Facebook for $19-billion in 2014.

Samsung Electronics is starting a new decade with a new chief in charge of its mobile business, but it’s doing it in the same old fashion: by leaning into its semiconductor advantage to overwhelm consumers with unmatched specs.

Due to some improvement in the power system, Eskom will not implement any load shedding on Wednesday, the state-owned power utility said.

Cosatu said it won’t reach a pact with business on how to resolve the debt crisis at Eskom by the time President Cyril Ramaphosa gives his state-of-the-nation speech on Thursday.

Remgro’s CIVH has made it crystal clear that it wants to be a major player in South Africa’s planned wholesale open-access network and has lobbied communications regulator Icasa to provide strong support to the new entity.

MTN Group’s headline earnings per share will rise by as much as 50% in the year ended 31 December 2019, it said in a trading statement issued after markets closed in Johannesburg on Tuesday.

South Africa’s power cuts hurt the economy in the fourth quarter, and two data points on Tuesday showed just how bad it was.