A forensic report into Eskom and Transnet found some executives and board members failed to act in the companies’ best interests and recommended criminal investigations against them.
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State-owned power utility Eskom may be forced to implement controlled blackouts before the end of the year because of pressure on the national system, CEO Phakamani Hadebe said on Friday.
The ANC wanted to launch a mobile virtual network operator, or MVNO, ahead of the 2019 general election, but the project has been thrown into disarray because of internecine fighting between those involved.
A settlement has been reached by communications regulator Icasa and mobile operators over the implementation of new rules regarding data expiry and rollover.
Bitcoin continued its slump after losing 12% on Wednesday and triggering the biggest cryptocurrency sell-off since February.
Eskom is considering a new operating model to move responsibility down the chain of command as the financially strapped utility seeks to cut costs and improve efficiency.
Seacom said on Wednesday that it has reached an agreement to buy 100% of national open-access fibre provider FibreCo for an undisclosed sum.
Chinese technology giant Huawei has revealed its plans to create a cloud region in South Africa. It will launch the offering commercially before the end of the year.
MTN Group is close to agreeing an $800-million settlement with Nigerian authorities over a claim it illegally transferred $8.1-billion funds out of the country, according to a person familiar with the situation.
Bitcoin has tumbled below $6 000 for the first time since August and reached the lowest level in over a year, breaking the recent stretch of tranquility.