South Africa received hundreds of responses to a call for 3GW of emergency power that it estimates could be brought online within two years.
Safaricom, weighing up an offer for Ethiopia’s telecommunications business later this year, plans to take on debt to fund a joint bid by a consortium including parent Vodacom and two other entities.
A R1-billion smart electronics factory in East London, Yekani Manufacturing, is seeking business rescue in an effort to avoid being liquidated, according to a newspaper report on Wednesday.
German car-making giant Volkswagen is preparing for the introduction of its electric vehicle line-up on South African roads through the local launch of the e-Golf pilot project.
MultiChoice Group has created an Innovation Fund to invest in small businesses in the video entertainment and technology sectors.
If the US stock market is like a giant stone wall whose structural integrity depends entirely on the sturdiness of five tech megacaps, it didn’t act like it on Tuesday.
Dell Technologies has sold one of its cybersecurity units, RSA, for $2.1-billion, part of the computer maker’s efforts to streamline its business.
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Consumer-price growth quickened to 4.5% from 4% in December, Statistics South Africa said on Wednesday. The median estimate of 19 economists was for 4.6%.
It’s been a grim start to 2020 for some South African-listed technology companies, which have seen their shares battered on weak earnings updates and negative investor sentiment.











