City Power, Johannesburg’s municipal electricity supplier, has moved to a two-hour load-shedding schedule and announced changes to its load-shedding blocks – both implemented with immediate effect.
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Telkom on Friday said Dirk Reyneke will replace chief financial officer Tsholofelo Molefe, who resigned in December to join MTN Group, also as CFO.
MTN Group said on Friday it expects 2020 earnings to nearly double, mainly on gains from the sale of Uganda and Ghana tower joint ventures.
Eskom will implement stage-2 load shedding from midday on Friday, with the cuts expected to continue all weekend, as heavy rains impact the utility’s ability to burn coal.
The constitutional court handed down a significant judgment on this week, declaring that certain provisions of the infamous Regulation of Interception of Communications Act are unconstitutional.
In a landmark judgment handed down on Thursday, the constitutional court banned the South African state from bulk surveillance of online communication, preventing security agencies from hoovering up Internet data.
IT services company Gijima said on Thursday that it has been given the green light by the Competition Commission to acquire rival T-Systems South Africa.
Harith General Partners, which funds infrastructure development across Africa, is pushing ahead with plans to build the first gas-fired power plants in South Africa’s industrial hub of Gauteng.
Ethereum hit an all-time high on Thursday as investors bought the cryptocurrency before the launch of ethereum futures on the Chicago Mercantile Exchange next week.
Adapt IT has formed an independent board committee to assess Huge Group’s unsolicited bid to buy the software company in an all-share deal valuing it at R795-million.