Energy regulator has granted Eskom an overall average tariff increase for the 2022/2023 financial year of 9.61%.
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A new research report from the Internet Society has found that South Africa has the most resilient Internet on the African continent.
Government plans to restructure Eskom’s debt before elections in 2024, and will only provide additional support if the company sells assets and cuts jobs, finance minister Enoch Godongwana said.
Blue Label Telecoms has said that the long-awaited recapitalisation of debt-laden mobile operator Cell C will be completed by no later than May this year.
National treasury has allocated R300-million in additional funding to communications regulator Icasa for the 2022/2023 financial year.
The labour department is negotiating a possible out-of-court settlement with a subsidiary of China’s Huawei Technologies, which it accuses of failing to comply with local hiring quotas.
Blue Label Telecoms on Wednesday provided more insight into a fraud scheme it uncovered last year that led to the suspension of two senior executives.
South Africa used a revenue windfall to cut corporate taxes to revive a coronavirus-ravaged economy and set more ambitious targets to reduce debt and fiscal deficits.
Alviva Holdings’ headline earnings per share will more than double in the six-month period ended 31 December 2021, with all division delivering.
Eskom is considering selling distribution assets as prospects of the government taking over about half of its R392-billion obligations dim, sources said.