South Africa should quicken the process of spinning off one of Eskom’s units as a first step toward overhauling its operating structure, according to two people familiar with the options being presented to the government.
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Nedbank has partnered with Microsoft to migrate components of its IT infrastructure into the cloud, the financial services company said on Monday.
Huawei has confirmed it will unveil its next flagship smartphone later this month, despite suggestions from Google that it will not be able to use its apps and services on the new device.
Shareholders in MultiChoice, which was unbundled from Naspers on 4 March, rejected the group’s executive pay at Thursday’s AGM.
South African manufacturing industry sentiment slid back into contraction in August, signalling the surprising recovery in July was unsustainable.
Telkom CEO Sipho Maseko has launched an extraordinary attack on national treasury’s discussion paper aimed at growing South Africa’s economy, accusing the department of tossing a grenade into the telecommunications sector.
Zimbabweans are relying on Tesla to help them pay their bills. Amid power outages of as long as 18 hours a day, Econet Wireless is turning to the Palo Alto, California-based automaker for batteries that can keep its base stations running.
Huge Group CEO James Herbst and chief operating officer Andy Openshaw are in line for a share options windfall, if the proposal is approved by shareholders.
MultiChoice Group plans to offer shareholders in its two broad-based black economic empowerment schemes the opportunity to gain direct exposure to its shares listed on the JSE.
Shareholders in MultiChoice Group sent a strong message at the company’s first annual general meeting as a JSE-listed company, registering their displeasure over its remuneration policy.