There’s been enough bad news about Eskom in recent months to rattle the hardiest bond investor. Or so you’d think.
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Facebook CEO Mark Zuckerberg has defended the social network as he marked its 15th birthday, accusing some in government, business and the media of overly criticising the platform for “empowering people”.
Paid music streaming looks set to overtake free services for the first time later this year, as more people opt to pay for the likes of Spotify and Apple Music.
North is not quite where it used to be. Earth’s North Magnetic Pole has been drifting so fast in the last few decades that scientists say past estimates are no longer accurate enough for precise navigation.
Digital-asset exchange Quadriga CX has a $200-million problem with no obvious solution – just the latest cautionary tale in the unregulated world of cryptocurrencies.
Google parent Alphabet reported thinner profit margins as the Internet giant spent heavily to expand its cloud and YouTube businesses. The company’s shares slipped in late trading.
South Africa is looking to spend billions of rand to secure energy from mega-projects on the continent at a time when state power utility Eskom is broke and struggling to supply enough electricity.
Apple investors are likely looking for the company to use its massive cash pile to make acquisitions, and names like Netflix, Activision Blizzard and Sonos are among those JPMorgan sees as strong strategic fits.
MTN Group said on Monday that it expects to report an improvement of at least 20% in headline earnings and attributable earnings per share for the year ended December 2018.
Civil society organisation Corruption Watch said it has launched an application in the high court in Pretoria to have former Eskom board members declared delinquent.