Netflix will reduce the bandwidth it uses to serve customers in South Africa and the rest of Africa for the next 30 days in an effort to alleviate pressure on network infrastructure during the Covid-19 crisis.
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The rand plumbed a record low after the country lost its last investment-grade credit rating, and investors anticipated it may slide deeper into junk as the spread of the coronavirus decimates the economy.
Having our normal daily lives upended by the coronavirus has heightened the demand for entertainment – and not just Netflix. “The virus is forcing us to use the Internet as it was always meant to be used.”
Telecommunications operators and Internet service providers are working to find alternative routes after another break in the West African Cable System – the third this year – threatens to slow down Internet access in South Africa.
South Africa may approach the International Monetary Fund for the first time ever to help with funding to deal with the fallout from the coronavirus outbreak, the Sunday Times reported, citing finance minister Tito Mboweni.
The West African Cable System has suffered another break – at the worst possible time for South Africa, with many people now relying on home broadband connections to work.
Moody’s cut South Africa’s credit rating below investment grade, delivering the country a full house of junk assessments as it grapples with a nationwide lockdown.
Vodacom Group chairman, who has been on the telecommunications operator’s board for the past 11 years, will step down at its AGM on 21 July.
Eskom has told part of its workforce to stay home and delayed some maintenance as demand for electricity plummeted due to the national lockdown aimed at containing the spread of the coronavirus.
Web cameras on Friday morning displayed images of deserted highways across Gauteng as the first day of a three-week, government-ordered lockdown began to fight the spread of Covid-19.