Bitcoin tumbled to its lowest in a month on Thursday after Russian forces fired missiles at several cities in Ukraine.

As Ukrainian cities come under air attack from Russian forces, the country has also suffered the latest blows in an ongoing campaign of cyberattacks.

Government plans to restructure Eskom’s debt before elections in 2024, and will only provide additional support if the company sells assets and cuts jobs, finance minister Enoch Godongwana said.

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Blue Label Telecoms has said that the long-awaited recapitalisation of debt-laden mobile operator Cell C will be completed by no later than May this year.

National treasury has allocated R300-million in additional funding to communications regulator Icasa for the 2022/2023 financial year.

The labour department is negotiating a possible out-of-court settlement with a subsidiary of China’s Huawei Technologies, which it accuses of failing to comply with local hiring quotas.

Blue Label Telecoms on Wednesday provided more insight into a fraud scheme it uncovered last year that led to the suspension of two senior executives.