African Equity Empowerment Investments, controlled by Iqbal Survé’s Sekunjalo Group, has told Britain BT Group that it can’t exercise a call option to terminate its agreements with the company.
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Eskom is escalating load shedding to stage 4 on Wednesday, meaning it is cutting 4GW of supply from the grid, as it struggles with plant breakdowns.
Another bad week for bitcoin could be a precursor of more pain to come, according to strategists watching the selloff in cryptocurrencies.
South African business confidence rose to its highest in over three years in May, supported by higher export volumes and manufacturing, data showed on Wednesday.
Eskom has plunged South Africa back into stage-2 load shedding, with the rolling national blackouts set to continue until Sunday night.
EOH Holdings announced on Tuesday that it has sold subsidiary Sybrin for a cash consideration of R334.4-million. The money will be used mainly to pay down debt.
Multiple outages hit websites across the globe on Tuesday morning, affecting news websites and social media platforms.
Apple is giving the iPad software the biggest revamp to its Home screen since launching the device over a decade ago, adding a new widgets system.
A new inland transit facility between South Africa and Mozambique could slash transport times between the Maputo port and the region’s industrial and business hub.
The high court has delivered a damning judgment against Public Protector Busisiwe Mkhwebane, who had sought to shield Lumko Mtimde, the former CEO of Usaasa, from disciplinary action and dismissal.