Browsing: News

A plan to establish the world’s largest green energy financing initiative is being threshed out in South Africa.

Shares in Alviva Holdings rose almost 5% on Monday after the technology group reported full-year revenue up 17% to R15.9-billion. Headline earnings per share climbed 9% to R2.97.

Eskom, labouring under R450-billion of debt, has sought advisers on how to implement a government bailout seven months after President Cyril Ramaphosa said the company would be reorganised.

Prosus, which listed in Amsterdam just last week, is splitting opinion among the first investment banks to cover the stock.

MTN South Africa is launching a wholesale fixed-LTE offering to Internet service providers, with its own ISP, Supersonic, the first to bring a retail product to market on the back of the offering.

An international team of astronomers using the MeerKAT telescope has discovered enormous balloon-like structures that tower hundreds of light-years above and below the centre of our galaxy.

Patrice Motsepe’s African Rainbow Capital has increased the value it attaches to telecommunications operator Rain to R12.1-billion.

The astonishing things is that shareholders were asked to approve the new scheme – and did – without knowing what the performance condition was.

Frogfoot Networks has acquired the network assets and customer base of Blitz Fibre and entered into a deal with the company to accelerate the roll-out of fibre in multi-dwelling units across South Africa.

Scientists in the UK have made a “world-first” discovery on a distant planet that hosts both water and temperatures which could support life.