South Africa can fix Eskom’s balance sheet by transferring its guaranteed debt to the government’s balance sheet, according to the former CEO of Goldman Sachs Group in sub-Saharan Africa.
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All the latest technology news from South Africa and around the world.
Google said its corporate Gmail customers would now be able to edit documents and other files without leaving the e-mail service, as it aims to lure clients from Microsoft.
The extraordinary hacking spree that hit Twitter on Wednesday, leading it to briefly muzzle some of its most widely followed accounts, is drawing questions about the platform’s security.
Microsoft has officially launched its first Surface devices in South Africa, though the range is extremely limited for now, with only the Surface Pro 7 and Surface Laptop 3 available.
Having long lagged behind much of the world in terms of e-commerce, South African retailers have been doing a roaring trade online as consumers shy away from shops during the Covid-19 pandemic.
State-owned power monopoly Eskom cannot say how long a new round of power cuts that began on Friday will last, its spokesman Sikonathi Mantshantsha said.
Eskom will escalate the load shedding level from 1 to 2 at 2pm on Wednesday after it blamed high demand for the need to ramp up the rolling nationwide blackouts.
Europe’s second highest court on Wednesday rejected an EU order for Apple to pay €13-billion in Irish back taxes, dealing a blow to the bloc’s attempts to crack down on sweetheart tax deals.
South Africa’s headline consumer inflation slowed to 2.1% year on year in May, its lowest in more than 15 years, from 3% in April, data from Statistics South Africa showed on Wednesday.
A week after launching Showmax Pro in Kenya and Nigeria, MultiChoice Group has announced the service, which includes live sports, is now available in 40 more countries. South Africa isn’t one of them.