Eskom wants the government to take over about half of its debt so it can accept support pledged by rich nations to help reduce dependence on coal and cut emissions, City Press reported.
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Telkom, Vodacom and MTN have withdrawn their legal action against the communications regulator over the planned withdrawal of temporarily assigned spectrum at the end of this month.
When that city-killing rock comes hurtling towards Earth, the only question anyone will be asking is: Who’s ready to launch?
It’s now cheaper for Eskom to buy renewable energy from independent power producers than to run its coal power stations.
Eskom is on track to split its generation and transmission divisions by the end of the year, its CEO said on Friday.
Government has once again failed to make any pronouncement on the future of the controversial e-tolls scheme in Gauteng.
MultiChoice Group CEO Calvo Mawela confirmed on Thursday that the broadcaster is conducting research into offering smaller channel bundles.
MultiChoice Group, the parent of brands such as DStv and SuperSport, has eked out a 5% improvement in subscribers in a difficult six-month trading period.
The power utility will reduce load shedding to stage 2 on Thursday and expects load shedding to be completely lifted by Friday morning.
Key government ministers have reached a broad agreement to sell some of Eskom’s coal-fired power plants to help reduce its debt burden, finance minister Enoch Godongwana said.