The rand weakened the most in five months as rolling power cuts, flood damage and signs of a Covid comeback added to worries about the economic outlook.
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Stewart van Graan will replace Mteto Nyati as CEO of Altron on 1 July, albeit on an interim basis.
From electricity to spectrum to water pipes, managers or ministers appointed to fix government services keep running into walls created by decades of neglect.
New research shows that MTN has South Africa’s fastest mobile network and that the company is running rings around rival Vodacom when it comes to 5G performance.
The Competition Commission has approved US-listed Digital Realty’s acquisition of 55% of South African data centre group Teraco.
The latest bout of load shedding could end by Friday, but Eskom isn’t making any promises. Meanwhile, RMB CEO James Formby wants rules changed to promote investment in renewables.