South Africa’s wind energy producers are questioning the legality of a decision by the state-owned power utility to curtail purchases of their output due to low demand stemming from a national lockdown.
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Intel is trying to sell its new laptop chips in an old way – by emphasising their speed. It’s touting the clock speed of its new H line of processors, citing their ability to process data at more than 5GHz.
Vodacom recently agreed with the Competition Commission to slash the cost of prepaid data on its network, including charging a maximum of R99 for 1GB of data. It has now provided details of the new prices.
Cape Town mobile marketing platform provider Mobiz has raised US$1-million (about R18-million) in a funding round from Kalon Venture Partners.
Cell C has made what it calls a “voluntary offer” to the Competition Commission over data prices, which will see prepaid customers getting free “lifeline” data, albeit very limited.
Fibre network operators Vumatel and SA Digital Villages will in future operate as a single entity following the transfer of the SADV wholesale fibre assets to Vumatel.
Eskom has told operators of some independent wind-power plants that it won’t need their power at certain times of day due to lower demand amid a national shutdown.
Telkom will fight the South African Revenue Service in the constitutional court after an adverse judgment handed down against it at the supreme court of appeal that could severely dent its cash flow.
A recent court decision has come as big blow to Telkom. A judgment handed down on 25 March by the supreme court of appeal held that a R3.9-billion foreign exchange loss and a R136-million incentive bonus were not deductible.
A bad start to the year for stocks? That hasn’t applied to Naspers, as the coronavirus confined hundreds of millions of consumers indoors, driving demand for online services and entertainment.