One of just two local manufacturers of electrical transformers says it faces liquidation after a procurement team at Eskom handed two contracts worth R341-million to the more expensive bidder.
Browsing: News
All the latest technology news from South Africa and around the world.
South Africa is planning to scrap e-tolls in Gauteng, MEC for transport Jacob Mamabolo said. “They are being scrapped,” he said in an interview with SAfm.
ACWA Power plans to bid in South Africa’s next green electricity auction. Interest from the Saudi-based company is a positive sign after lengthy delays in a process to procure green power.
The rand extended its gains to a new 27-month best, still supported by global risk demand as investors raised bets the US central bank would lend at low rates for longer.
The SABC’s fight with Sentech over tariffs is going from a skirmish to a full-blown public confrontation. The stakes couldn’t be higher – for both sides.
A Swiss-based investment management firm says the proposed share swap between Naspers and Prosus is an “idiotic idea” that is certain to increase the discount with Tencent.
Investigator Paul Holden has given a stupefying account of billions of rand paid from state-owned entities and other governmental organisations into a complex local laundromat.
South Africa’s spy agency is beefing up its economic intelligence unit so it can play a proactive role in supporting the nation’s companies as they expand beyond their home base.
Instagram is launching the option for users globally to hide like counts on posts and the change will soon roll out on Facebook.
Eskom will implement rotational power blackouts beginning at 5pm on Wednesday after the state-owned electricity monopoly failed to bringing generating units back online.