Toyota is set to produce its first “hybrid synergy drive” (petrol-electric) car on the African continent at its plant in Durban, as part of a R2.5-billion investment in a new production line.
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The JSE has publicly censured listed technology services group EOH Holdings over past financial reporting errors and imposed a R7.5-million fine – R2.5-million of which is suspended for five years.
The lead independent non-executive director of EOH Holdings has resigned from the board a year after being appointed and five months after taking the lead directorship role.
André de Ruyter, the CEO of South Africa’s debt-stricken state power utility, is navigating a political minefield as he collects overdue debt, reduces electricity theft and bolsters revenue.
Icasa has slammed a report in the consumer media this week that stated it made a mistake when it assigned the “111” service code to government for dealing with Covid-19-related calls from citizens.
The International Monetary Fund approved R71-billion in emergency funding for South Africa, the largest emergency disbursement for any country yet to assist with fighting the coronavirus pandemic.
Six of Eskom’s generation units tripped on Monday, dramatically increasing the chances of the return of rolling blackouts this week.
A Hisense factory in Atlantis, north of Cape Town, was reopened on Friday after it was temporarily closed by government over allegations it was not compliant with Covid-19 regulations.
New research from GfK suggests there has been a marked shift by South African consumers to online shopping, with most likely to continue using e-commerce, even after the Covid-19 pandemic ends.
Higher education, science & innovation minister Blade Nzimande said the 64-dish MeerKAT, the pre-cursor to the Square Kilometer Array, will be expanded by 20 dishes at a cost of R800-million.











