Eskom will continue power cuts until 5am on Saturday after many of its power plant units broke down on Monday and are now under repair.
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Icasa will finally auction access to spectrum for mobile broadband services this week. But a looming court battle could still derail the allocation.
EOH Holdings will meet with investors in the coming days to assess its “strategic options” for dealing with its gearing problem.
Load shedding has struck again. Eskom will cut the power on a rolling basis across South Africa at stage 2 from 5pm on Monday afternoon.
Samsung Electronics has suffered a cybersecurity breach that exposed internal company data, including source code for the operation of its Galaxy smartphones.
MTN Uganda reported on Monday a 6.6% jump in pre-tax profit for 2021, helped by higher data sales and faster uptake of its fintech services.
Traders are adding bets on an outsized interest rate increase in South Africa later this month as the surge in the price of oil fuels inflation expectations.
Massmart has reported full-year results stained in red ink thanks in part to the impairment an SAP ERP system at troubled retailer Game.
Netflix has suspended its service in Russia, less than a week after it temporarily stopped all future projects and acquisitions in the country.