Jacques du Toit steps down after more than a decade in charge, as Vox and Frogfoot close in on their R14.4-billion funding deal.
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Four import-export licences are out, but the electricity regulator’s import and export rules are not.
He will be the distributor’s third CEO since mid-2025, after Emile Burger left in July following just 14 months in charge.
Telkom says Icasa’s equity rules go beyond the B-BBEE Act and may have deterred network investment.
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South Africa’s largest labour federation, Cosatu, will present its proposal to rescue state power company Eskom to senior members of government and the business community on Monday.
Bitcoin’s infrastructure is more centralised than ever before, raising alarms about the security and viability of what is championed as a decentralised network.
Eskom has warned South Africans to brace for more frequent power cuts as it halts the deferral of planned maintenance. The rand weakened as a result.
Mark Zuckerberg used to want everyone to like Facebook Inc. Now, he doesn’t care anymore.
South Africa has no fiscal space left and must implement strong budget consolidation and state-owned company reforms to ensure its debt sustainability, the International Monetary Fund said.
Eskom will resume cutting 2GW from the South African grid at 9am on Friday until 6am on Monday due to a shortage of generation capacity and depleted emergency resources.
