Mounting concern over semiconductor demand is sending shudders through Asia’s high-tech exporters, which historically serve as a bellwether for the international economy.

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MTN Group has announced it is appointing the outgoing CEO of Icasa as chief of staff in the office of group CEO Ralph Mupita.

Rain has withdrawn its press release of 11 August in which it announced a plan to approach Telkom’s board about a merger.

Johannesburg intends buying 500MW of electricity from independent producers to help avert ongoing power outages caused by Eskom.

Take a deep breath: load shedding is back, Eskom said on Tuesday, with stage-2 power cuts to be implemented from 4pm to midnight.

South African coal producer Seriti Resources plans to invest R12-billion in building a 450MW wind farm in Mpumalanga.

Even in an industry famous for its roller-coaster cycles, chip makers are bracing for a particularly severe shift in coming months.

Tencent plans to sell all or a bulk of its R400-billion stake in food delivery firm Meituan to placate domestic regulators, sources said.