Microsoft shares jumped 15% after cloud guidance eased fears that its AI spending had outrun demand.
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Nedbank has appointed Nikos Angelopoulos, formerly MTN Group’s CIO, to the same role at the bank.
Eskom recorded a daily energy availability factor of 80.24% on 20 July, its best single day since 20 September 2017.
The transmission operator will own the assets outright, reversing a plan approved by the energy minister in December.
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Vumatel has hit one million fibre subscribers, reaching the milestone far faster than Telkom’s ADSL did in South Africa.
The US is using offtake deals and state funding to challenge China’s dominance over African critical mineral supplies.
Vodacom Group-controlled Vodafone Egypt has secured additional mobile spectrum from the Egyptian regulator.
Nersa has granted Eskom steeper tariff hikes over the next two years after admitting errors in earlier calculations.
Prosus plans to sell more than $2-billion in non-strategic and underperforming assets this financial year.
Eskom says 140 000 customers are free of load reduction as smart meter roll-out and generation gains gather pace.
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Nvidia looks set to blow past Apple to become the world’s second most valuable company, right behind Microsoft.
Apple is planning to overhaul its Siri virtual assistant as part of the company’s larger AI strategy.
A top US spy chief said China is increasingly targeting foreign nations and industries with cyberattacks.
Dell Technologies shares have been acting like market leader Nvidia of late, and investors are expecting more.
Since 2015, government has granted waivers from emissions limits to Eskom and Sasol. The impact on people’s health and the environment has been grim.
Where does Elon Musk get his ideas from? What is he trying to achieve and who does he want to be? Many of us are desperate to understand the world’s richest man.
