Browsing: News

Elon Musk is about to face his biggest test after almost two decades as a space entrepreneur: launching human beings into orbit.

Naspers and an investor group backed by German publisher Axel Springer are among suitors that submitted bids for eBay’s classified advertising business, according to people familiar with the matter.

Icasa is moving to speed up the allocation of “digital dividend” spectrum in South Africa currently used by television broadcasters in a move that could mean better and cheaper broadband is delivered sooner.

Researchers in Australia claim they may have successfully achieved the fastest Internet data speed ever, capable of downloading a thousand high-definition movies in less than a second.

Eskom has made “key” progress in restructuring the operations of the business, with the power utility committed to meeting the “ambitious” unbundling target date of 2021.

Vodacom Group has moved to simplify its structure, creating a standalone South African operation and appointing an MD, a newly created role that will be filled by Vodafone executive Balesh Sharma.

The Competition Commission on Thursday said it has given its conditional approval for an entity called Gatsby SPV to acquire “certain aspects” of Cell C.

Eskom CEO André de Ruyter said on Thursday the state power utility could become financially viable and do without government bailouts if it could more than halve its debt to R200-billion.

Ethiopia is pushing ahead with plans to sell two new telecommunications licences following delays due to the coronavirus outbreak and postponed elections.

Cape Town said it could buy its own renewable energy within five to six years if it wins a court case against the government.