South Africa is a month into the current bout of load shedding, yet the crippling power cuts are set to continue for the foreseeable future.
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MultiChoice has quietly launched its own uncapped fibre products, combining DStv bouquets and unlimited fibre Internet in South Africa at deeply discounted prices.
Shares in Telkom rallied on Tuesday after the company informed investors that it is still in talks with MTN Group about a transaction.
Anglo American and Électricité de France have agreed to form jointly owned Envusa Energy to develop wind and solar projects in South Africa.
+OneX, the IT services business in the Reunert stable, has acquired EUCafrica, a major player in Citrix on Microsoft Azure in the South African market.
The landmark $8.5-billion deal to help wean South Africa off its dependence on coal is hanging in the balance.
EOH will announce details of a planned capital restructuring soon after it publishes its financial results later this month.
Naspers-controlled technology investor Prosus has terminated its agreement to buy Indian payments platform BillDesk.
The hunt for a bottom continues as long-term holders cling on with expectations that there’s more pain to come — and retail investors stay on the sidelines.
South Africa, which has been experiencing energy shortages since 2008, is in the throes of its worst power cuts on record.