“Wheeling” – moving privately generated power to customers across the national grid – is gaining traction in South Africa’s increasingly liberalised energy market.
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Blue Label Telecoms said it is still locked in talks over a planned recapitalisation of the debt-laden mobile operator.
MTN South Africa said on Monday that users of its MoMo mobile money platform can now “cash out”, or withdraw funds, at Nedbank-owned ATMs.
Naspers first-half profit climbed 11%, driven by a large contribution from Chinese Internet giant Tencent.
South Africa’s largest e-retailer, the Takealot Group, grew revenues by 36% year on year in the six months to 30 September 2021.
Energy regulator Nersa has presented four new options to Eskom for determining the tariffs it will be allowed to charge from 1 April next year.
Energy Minister Gwede Mantashe has accused Eskom of delaying emergency power projects, according to a report.
El Salvador plans to build the world’s first “Bitcoin City”, funded initially by bitcoin-backed bonds, President Nayib Bukele said.
The regulator is suspending expedited plans, at least temporarily, for licensing a wholesale open-access network.
Eskom is facing deliberate acts of sabotage by unknown criminals, CEO André de Ruyter said on Friday.