Eskom has asked South Africans to cut back on their use of electricity as the South African Weather Service forecasts of the arrival of a powerful winter weather system this week.
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Naspers-controlled consumer Internet investment group Prosus is leading an R18.2-billion funding round in Indian food-delivery giant Swiggy. Japan’s SoftBank Group is a co-investor in the round.
Bitcoin has fallen below $30 000. The world’s largest cryptocurrency is now 54% below the high of $64 870 reached on 14 April.
CIVH, the Remgro-controlled company that owns Dark Fibre Africa and Vumatel, is now worth more than Telkom, the company that once enjoyed an absolute monopoly over telecommunications in South Africa.
Remgro said on Monday that it is participating in a the second tranche of a rights offer by CIVH, the parent of fibre telecommunications companies Vumatel and Dark Fibre Africa, aimed at reducing debt.
A pandemic-led boom in online shopping in South Africa has seen Woolworths report a 118% increase in online food sales in the 52-week period to 27 June 2021.
It is not yet clear just how extensive the destruction of particularly retail and warehouse property and the looting of stock in the unrest in KwaZulu-Natal and Gauteng was.
Billionaire US businessman Jeff Bezos and his three crewmates were engaged in a crash course of training on Sunday in preparation for his company Blue Origin’s inaugural flight to the edge of space planned for Tuesday.
Nigeria expects to start auctioning spectrum for next generation 5G network in the fourth quarter of this year, the head of the country’s communications commission said.
The SABC will be able to broadcast the CAF Champions League final on Saturday after politicians intervened and asked MultiChoice Group to sub-license the rights to the public broadcaster.