Intel CEO Pat Gelsinger has predicted the shortage of semiconductors that’s hurting industries from automotive to consumer electronics will bottom out in the second half of this year.
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Dimension Data’s newly appointed CEO, Werner Kapp, said the company’s parent, NTT, sees Africa and the Middle East as ripe with potential.
Eskom on Friday said it will implement a conditional 1.5% wage increase, potentially setting the stage for a showdown with unions, which had been demanding far more.
The decision by the environment department to refuse environmental authorisations for Karpowership SA’s multibillion-rand energy deal is likely to be appealed.
Dimension Data is near to concluding a deal to sell Internet service provider Mweb, but has taken the sale of another business it has deemed non-core, Merchants, off the table for now.
South Africa’s financial regulator says its hands are tied in the alleged $3.6-billion bitcoin fraud at Africrypt because cryptocurrency is not yet a regulated product there.
South Africa’s environment department said on Thursday that it had refused applications by Karpowership for environmental authorisations for three gas-to-power projects.
Price cuts at Vumatel, to be implemented from next week, are not a risk to parent CIVH’s balance sheet and are only likely to register as “blip” in the company’s long-term growth trajectory, CIVH CEO Raymond Ndlovu said.
CIVH, the Remgro-controlled parent of fibre players Dark Fibre Africa and Vumatel, remains interested in participating in government’s planned wholesale open-access network, according to its CEO.
When government announced it was bringing in outside shareholders to take a majority holding in South African Airways, there was a lot of chatter that it was now following the “Telkom model”. By Larry Claasen.