Eskom plans to suspend rolling power cuts on Thursday evening as some of its generating units return to service.
The South African Reserve Bank raised its main lending rate by 25 basis points to 3.75% on Thursday, citing increased inflation risks.
MTN Group has exited its investment in Yemen. Its departure from the troubled country is line with its strategy to leave the Middle East and focus on its investments in Africa.
Nvidia, the world’s largest chip maker by market value, gave an upbeat forecast for the fourth quarter, fuelled by its expansion into data centres.
Covid deaths and infection rates may dip below seasonal flu levels by the middle of next year, assuming new dangerous variants don’t emerge in the meantime, Bill Gates said.
The energy department has cautioned that a retreat from coal must take account of the impact on the economy and the people who depend on it for a living.
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Following a “lengthy competitive process”, MTN Group will sell a big chunk of its South African tower portfolio to IHS Towers in a R6.4-billion deal.