Ethiopia has set a new deadline of February 2021 to complete the partial privatisation of the country’s telecommunications industry, with carriers such as Orange, Vodafone Group and MTN Group keen to participate.
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Some of Wall Street’s biggest players are viewing the stock market’s recent tech-led selloff as a bout of turbulence rather than the start of a longer slide – and they don’t see it as a reason to run for the door.
President Cyril Ramaphosa said consensus is emerging on a plan to revive an economy mired in the worst recession since 1992.
South Africa faces a precipitous economic and political collapse by 2030 unless it changes its economic model and implements growth-friendly policies, according to Eunomix Business & Economics.
A conveyor belt at the giant Medupi coal-fired power station snapped on Wednesday night, prompted state-owned power utility Eskom to warn on Thursday morning of a high risk of load shedding.
Santie Botha and Khanyisile Kweyama are stepping down from the board of Telkom, while Alphonzo Samuels will join the board along with Herman Singh.
Naspers-backed cryptocurrency exchange Luno has been acquired by New York-based digital asset investment firm Digital Currency Group.
The next-generation Xbox game console finally has a price and release date: The Series X will be out on 10 November worldwide for $499.99 – it will cost R11 999 in South Africa – Microsoft said on Wednesday.
Alviva Holdings said on Wednesday that it’s full-year headline earnings will fall by more than 50%, though it said its prospects have improved since a disappointing set of interim results earlier this year.
The ZA Domain Name Authority has announced it will hike the wholesale fees for .co.za, .org.za, .web.za and .net.za domains next year.