South Africa’s third-biggest mobile operator has put core parts of the business up for sale as it struggles with R9-billion of debt and deepening losses.
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President Cyril Ramaphosa poured cold water on proposals by his finance minister, Tito Mboweni, that state power utility Eskom sell some of its power plants to help settle its debt.
Phone maker Essential has revealed early images of what appears to be a new type of smartphone — a tall, narrow device that looks similar to a remote control.
INX-ZA’s Johannesburg Internet Exchange is getting a major upgrade to its backbone after Dark Fibre Africa donated high-speed fibre between the Isando and Parklands Internet exchange points.
Samsung Display plans to spend $11-billion developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals.
Naspers CEO Bob van Dijk said on Wednesday that the South African consumer Internet group remains a committed member of the Libra Association, the organisation overseeing the libra cryptocurrency.
South Africa’s economy was roaring along in 2007 on the back of the global commodities boom when power shortages struck, bringing mines and smelters to a halt.
Ethiopia may give up majority control over its telecommunications monopoly in a second phase of privatisation once it’s sold 49% of the company next year.
Roads agency Sanral is in the process of repackaging and expanding the function of its Transaction Clearing House to provide a host of other mobility services.
A panel of experts under the leadership of the CSIR has submitted a proposal to declare eMalahleni, Klerksdorp and Beaufort West as preferred locations for wind and solar photovoltaic power projects.