Intel’s decision to consider outsourcing manufacturing heralds the end of an era in which the company, and the US, dominated the semiconductor industry.
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Eskom’s gross debt surged to R480-billion after the struggling state-owned power utility borrowed from its lines of credit, documents show.
Shares of Intel slumped and its rivals surged on Friday after the US chip maker signalled it may give up manufacturing its own components after falling far behind schedule developing its newest technology.
A man who ripped off equipment from mobile phone base stations in the Western Cape has been sentenced to 500 years in prison, though he will spend no more than 13 years behind bars in practice.
Woolworths saw online food sales for its South Africa business leap 87.8% in the 52 weeks to 28 June as consumers turned the Internet and shunned stores amid the Covid-19 pandemic.
MTN Group expects to report an increase in earnings per share of at least R3.45, or 140%, in the six months to the end of June 2020.
Garmin has entered a second day of wide-ranging outages in a possible ransomware attack. The issue affected the firm’s website and call centres, including its ability to receive calls, e-mails and online chats.
Intel CEO Bob Swan spent almost an hour on Thursday discussing an idea that would once have been unthinkable for the world’s largest semiconductor company: not manufacturing its own chips.
The big deals that Prosus should be winning are slipping through its fingers. It’s not a great start for a company set up to be a deal machine.
Zimbabwe’s president has picked a fight with the country’s most successful businessman. The economy may be the loser.