Bad news to start this Wednesday: Eskom will escalate load shedding to stage 4 at 9am, suggesting a significant deterioration in its generating fleet.
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All the latest technology news from South Africa and around the world.
When Steve Jobs led Apple, the company was famous for making products that would “delight” its customers. The uninspiring new iPhone SE shows how far Apple has strayed from that standard.
Telkom and Rain have emerged as the winners in the first round of South Africa’s radio frequency spectrum auction.
Telkom has asked the high court in Pretoria to impose a “structural or supervisory” interdict on communications regulator Icasa over spectrum licensing.
Prosus expects to write off the equivalent of R11.8-billion and has asked its directors on the board of social media platform VK to resign.
Eskom will continue power cuts until 5am on Saturday after many of its power plant units broke down on Monday and are now under repair.
Icasa will finally auction access to spectrum for mobile broadband services this week. But a looming court battle could still derail the allocation.
EOH Holdings will meet with investors in the coming days to assess its “strategic options” for dealing with its gearing problem.
Load shedding has struck again. Eskom will cut the power on a rolling basis across South Africa at stage 2 from 5pm on Monday afternoon.
Traders are adding bets on an outsized interest rate increase in South Africa later this month as the surge in the price of oil fuels inflation expectations.