Investment is pouring into renewable energy, but grid expansion will determine whether momentum can be sustained.
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Visa is integrating stablecoins into its payments network, positioning itself as the bridge to global merchant acceptance.
Oracle has been accused of concealing its need to sell significant additional debt to build out its AI infrastructure.
Fewer learners studying mathematics at school level threatens South Africa’s economic competitiveness.
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A major electronics manufacturing facility in East London, which until recently made decoders for MultiChoice, faces possible liquidation after it reportedly failed to make repayments on a R200-million loan.
Both the Wacs and Sat-3/Wasc cables providing international connectivity from South Africa to international markets were knocked out on Thursday, causing slow connections for some consumer and business users.
Communications minister Stella Ndabeni-Abrahams said on Thursday that she will meet urgently with Telkom management to discuss the company’s plan to let go of as many as 3 000 employees.
Trade union Solidarity has slammed Telkom over its plan to cut up to 3 000 jobs, or 20% of its 15 000-strong workforce, describing the move as “reckless” and “merciless”.
JSE-listed telecommunications specialist Huge Group plans to buy back its own shares, it said in a statement to investors on Wednesday.
Telkom shares jumped on Thursday after it emerged on Wednesday evening that the company plans a major retrenchment round that could see up to a fifth of its workforce let go.
World News
Nintendo might have scored a hit with the explosive debut of Pokémon Go this year. On its home turf, however, Sony has quietly dispatched its rival with a popular mobile game called Fate/Grand Order. The game, based on an
Nokia smartphones will make a comeback next year, and the current owners of the Finnish brand are betting that the connection it built with billions of consumers during a decade of dominance hasn’t been broken. HMD Global has secured
In a news cycle still fixated on the US election result, on 15 November members of the UK’s upper house of parliament gave final approval to the country’s most invasive surveillance legislation to date. The Investigatory Powers Act gives government
GoPro, struggling to get traction with its action-cameras and new drone, said it will eliminate about 15% of its workforce and shut down its entertainment division to reduce costs. The company, which isn’t profitable, will cut more
