Haemorrhaging cash and drowning in debt, South Africa’s state power utility is trying to persuade the energy regulator to allow it to raise its prices to offset lower-than expected sales and unforeseen expenses.
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A labour union is trying to prevent Telkom from continuing with a plan to cut as much as 20% of its workforce to cope with falling sales in its landline business and a weak South African economy.
Mango will halt all flights to and from Lanseria at the end of March 2020. This comes as parent SAA will cease all domestic flights with the exception of a limited service to Cape Town at the end of February.
Rebel politicians in Boris Johnson’s Conservative Party are piling pressure on the prime minister to reverse his decision to allow Huawei to help build the UK’s next-generation wireless networks.
Arguments that the largest digital token acts as a place of shelter during market turmoil diminished this week as bitcoin slumped amid an intense bout of equity-market selling.
MultiChoice has strongly criticised former communications minister Yunus Carrim, who on Tuesday told the Zondo Commission of Inquiry into state capture that a controversial 2013 channel supply agreement between MultiChoice and the SABC amounted to “policy capture”.
Eskom is battling to keep all the units of its biggest operational power plant open after being served with a compliance notice by South Africa’s environment ministry because of its high levels of air pollution.
It’s high noon for the future of e-tolls. A final decision on the controversial Gauteng tolling scheme is expected to be made in Wednesday’s budget speech.
Econet Global, owned by Zimbabwean billionaire Strive Masiyiwa, is keen to acquire a telecommunications licence in Ethiopia, which is opening up the industry to foreign investment for the first time.
Apple’s supply chain, which is heavily reliant on China, will probably take more than a month to get back to full capacity at the earliest amid disruptions caused by the coronavirus, according to Wedbush analyst Daniel Ives.