André de Ruyter, the incoming head of South Africa’s debt-burdened state power utility, engaged in questionable stock sales while working as a senior executive at Sasol in 2013, according to a forensic audit report.
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Just Eat chose a revised offer by Takeaway.com to merge and spurned a final all-cash bid by Naspers spin-off Prosus, which appears all but set to lose the drawn-out fight to claim ownership of the British food delivery firm.
Apple has a secret team working on satellites and related wireless technology, striving to find new ways to beam data such as Internet connectivity directly to its devices, according to people familiar with the work.
As Amazon.com works to speed orders to customer doorsteps before Christmas, the e-commerce giant is touting an accomplishment that would have seemed absurd just a few years ago.
Eskom said on Friday that unplanned breakdowns at its power stations are above 13GW, but it said no load shedding is expected due to reduced holiday demand for electricity.
Facebook is building its own operating system software to decrease its future dependence on rivals like Apple and Google, owners of the world’s most popular mobile operating systems.
The State IT Agency and Usaasa are to be run by administrators while they are restructured and their mandates reconfigured.
State-owned companies Sentech and Broadband Infraco will be merged to create a new state infrastructure company, communications minister Stella Ndabeni-Abrahams said on Thursday.
Regulators Icasa, the Film and Publication Board and the ZA Domain Name Authority will be merged, communications minister Stella Ndabeni-Abrahams said on Thursday.
Police arrested two senior ex-managers at Eskom and a number of other suspects over allegations of fraud, corruption and money laundering at the Kusile power plant.