Sanral has baulked at commenting on allegations that ETC, which manages the collection of e-tolls, agreed to pay R40-million to an allegedly dodgy subcontractor two weeks before ETC won the Gauteng e-tolls contract.
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EOH expects its losses to narrow significantly in the six months ended 31 January 2021, but the shares fell sharply in reaction to a trading statement published on Thursday.
South Africa’s Infrastructure Fund, which is spearheading government efforts to secure R1-trillion of private investment, said it has identified a project pipeline and implementation could begin by year-end.
The communications regulator on Wednesday welcomed the supreme court of appeal’s decision not to grant Telkom leave to appeal in its legal battle with Vodacom over the use of access to its ducts.
MTN is tops among South African customers, while Rain is stone last – and by some distance – according to new research gauging the sentiment of consumers towards local telecommunications operators.
Intel will greatly expand its advanced chip manufacturing capacity as the new CEO announced plans to spend as much as $20-billion to build two factories and to open up its facilities to outside customers.
He may not be the leader of the free world, but Pat Gelsinger has just put himself at the helm of the Great American Revival amid a technology cold war that the US is paranoid it will lose.
Chinese gaming and social media group Tencent Holdings, partially owned by Naspers spin-off Prosus, on Wednesday reported a market-beating 26% jump in quarterly sales, helped in part by its online gaming business.
Shares in Taiwan’s TSMC fell nearly 4% on Wednesday after Intel announced a $20-billion plan to expand its advanced chip manufacturing capacity, even as Taiwan’s economy minister sought to downplay the impact.
Microsoft president Brad Smith has cast doubt on whether fintech companies should issue currencies, saying governments are still best-placed to play that role.











