Eskom has reduced its debt to less than R400-billion as discussions ensue to secure funding for a transition to renewable energy, according to public enterprises minister Pravin Gordhan.
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Ethekwini, the municipality that includes Durban, South Africa’s third largest city, plans to seek initial proposals for the construction of 400MW of power generation.
The biggest challenge for Amazon.com’s next boss, Andy Jassy, may come from the business he knows best: cloud computing services.
JSE-listed Dis-Chem, one of South Africa’s largest pharmacy groups, has launched on-demand delivery for online shoppers, offering delivery of a catalogue of 7 000 items within 60 minutes.
Roads agency Sanral appears to be delaying the award of a tender for the management of e-toll collections until the government takes a decision on the future of e-tolls.
Huge Group said on Thursday that it will not meet the end-June deadline to publish its annual report and financial statements after its CEO, James Herbst, contracted Covid-19.
Cell C is in advanced talks with Rand Merchant Bank and Investec to provide it with about R4-billion rand in fresh capital, according to people familiar with the matter.
QSure, a big player in South Africa’s insurance industry, has been hit by a data breach in which bank account numbers and other sensitive information were compromised by a third party.
Eskom is pitching a R140-billion plan to global lenders that would see it shut the vast majority of its coal-fired plants by 2050 and embrace renewable energy.
MTN in Eswatini, the small, land-locked country on South Africa’s eastern border, said on Wednesday that it is struggling to keep its network operating amid rising unrest against the monarchy.