Rolling load shedding should come to an end by the end of this week as more power generation units come online.
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MTN Group has entered into discussions to acquire Telkom. The talks are at an early stage, the parties said, and might not result in a deal.
Keabetswe Modimoeng said MTN Group’s proposed acquisition of rival Telkom should be considered seriously by regulators.
President Cyril Ramaphosa is racing to make an announcement as soon as Sunday that could include a plan to ramp up investment by the private sector.
South Africa is considering creating a second state-owned power company to compete with Eskom, President Cyril Ramaphosa said.
Mteto Nyati, a former CEO of MTN South Africa and until recently group CEO of Altron, has joined the board of Telkom.
BMW has found itself embroiled in a blistering row over plans to charge car owners $18/month to warm their derrières.
Good news for South Africans hit hard by weeks of severe load shedding is the rolling power cuts are expected to lessen in intensity into next week.
Google said it will “work constructively” with the Competition Commission after the regulator proposed a raft of regulations that cut to the heart of its business model.











