A quartet of newly approved projects is chasing spare grid capacity, not South Africa’s best solar resources.
Top News
Rain’s newly launched unlimited mobile plans come with a high-spec handset – and plenty of fine print.
eMedia’s landmark deal with Netflix puts its flagship new drama on the streaming giant’s platform a day after broadcast.
Telkom fought to keep its network and South Africa lost a decade. Eskom risks making the same mistake.
More News
The start of equities trading on the JSE was delayed on Wednesday because the bourse was unable to fully process transactions from a record volumes in the previous session.
Uber Technologies has announced a huge expansion of its operating base in South Africa, launching in 21 of the country’s smaller cities and towns, and reaching 80% of the urban population.
Eskom plans to reduce its output of coal-fired power by between 8GW and 10GW through plant closures over the next decade, a cut that amounts to up to 30% of its current capacity.
MTN Group is once again worth more than rival Vodacom Group after a surge in the former’s share price following publication of solid interim results last week.
Despite the current turmoil in Afghanistan, MTN Group continues to operate its mobile network in the war-torn Middle Eastern country, providing services to 6.3 million subscribers.
Chinese-owned Uber Technologies rival Didi Chuxing Technology – better known as DiDi – will be launched in Johannesburg and Pretoria next Monday, 23 August.
World News
Netflix is growing faster than even its most bullish fans on Wall Street predicted, soothing doubts about its global prospects and sending its already-stratospheric stock higher.
IBM shares dropped the most in four years on Wednesday after the company missed analysts’ quarterly revenue estimates, ending a short-lived streak of sales gains and casting doubt on its strategy.
IBM is pressing deeper into its strategy of making cloud services more compatible with competitors, rather than trying to force customers into its own walled garden.
Adobe has given a bullish sales forecast for next year, signalling the software maker’s expanding product suite will continue to attract customers.
The governments of Brazil, China, Russia, India and SA have agreed to support a new, R3bn undersea cable that will connect Brazil with SA and Angola, and provide the region with onward connectivity
State-owned broadcast signal distributor Sentech is considering WiMax technology, using radio frequency spectrum it has already been assigned, to build its planned R1,1bn national broadband network. The company has already been licensed
