In a significant move aimed at unlocking shareholder value, Naspers announced on Monday that it will form a new global consumer Internet group that it plans to list in Europe.

African Bank Holdings is joining the rush into digital banking to fail-proof the business and provide an exit for shareholders that resurrected the South African lender from its collapsed former parent.

Finance minister Tito Mboweni said a discussion must begin on whether the government needs to retain control of all the assets it currently owns given the poor state of the national finances.

Keabetswe Modimoeng has been appointed as interim chair of communications regulator Icasa’s decision-making council following the axing last week of Rubben Mohlaloga.

Eskom said on Sunday evening that it is unlikely to implement rolling blackouts this week thanks to an improvement in plant performance.

A decision to stop a boiler-monitoring software contract worth R275-million between Eskom and Carab Technologies may have contributed to the rolling blackouts that are hobbling the nation, City Press reported.