The South African Reserve Bank is studying the benefits of issuing a digital currency for general retail purposes, it said on Tuesday, in line with several other central banks.
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Eskom warned on Tuesday that if there is any further deterioration to an electricity system that is already under “severe pressure”, load shedding will follow, possibly as early as 5pm.
The department of transport plans to introduce a new driver’s licence card this year and implement a bouquet of measures to improve the service the public receives.
ARM on Tuesday deepened its rivalry with Intel by releasing a batch of new chip technology aimed at grabbing more market share among laptop computers.
The consortium’s plans to expand in Ethiopia have been complicated by the US state development agency’s decision to pause investments in the country.
Huawei will launch its new Harmony operating system for smartphones on 2 June, its biggest move yet aimed at recovering from the damage done by US sanctions to its mobile phone business.
Absa, Investec and the Development Bank of Southern Africa indicated they could support a bid by a Turkish company to supply emergency power to South Africa, sources said.
Telkom is open to reaching an out-of-court settlement with communications regulator Icasa over the spectrum auction, though little progress has been made in any talks.
The number of copper fixed lines in service at Telkom has plunged yet again. At the end of March, the company had fewer than 1.3 million customers using copper, down 20% from 1.6 million a year ago.
A legal wrangle over a power supply contract worth an estimated R218-billion could derail the South African government’s attempts to ease electricity shortages.