Eskom has reduced the intensity of rotating power cuts on Friday – South Africa’s ninth straight day of scheduled blackouts – after imports from Mozambique were partially restored.
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In a move that is unlikely to be well received by investors, EOH Holdings said on Wednesday that it will delay publication of its interim financial results by three weeks.
Communications minister Stella Ndabeni-Abrahams has removed Rubben Mohlaloga, chairman and councillor of communications regulator Icasa, from office.
South Africans face another day of traffic snarl-ups and disrupted business with no end in sight for rolling power cuts that started a week ago.
Chinese electronics giant Huawei said on Wednesday that it will launch its super-pricey new foldable phone, the Mate X, in South Africa towards to the middle of the year.
Damage caused by Cyclone Idai to pylons in Mozambique that carry power to neighbouring countries may take weeks to repair, a state power company official said.
Bloomberg tracks the fortunes of some 2 800 billionaires. Of those, 145 are worth at least $10-billion, making them decabillionaires. Now, the world contains two centibillionaires simultaneously.
The National Basketball Association has signed a deal with YouTube for a dedicated African channel to boost its presence on the continent.
Eskom’s rolling blackouts are placing severe strain on mobile network operators trying to keep base stations up and running.
Chinese electronics manufacturer Hisense has invested R72-million investment into its refrigeration and television production lines at its Atlantis factory in the Western Cape.










