Eskom recorded a daily energy availability factor of 80.24% on 20 July, its best single day since 20 September 2017.
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Nearly a quarter of Telkom’s prepaid recharges are now funded by airtime credit, the operator’s latest results show.
Investors have been waiting to see whether South Africa would actually follow through on real energy sector reform.
Nedbank has appointed Nikos Angelopoulos, formerly MTN Group’s CIO, to the same role at the bank.
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ICT electricity consumption is holding steady at 4% of global total despite escalating data centre demand.
Britain’s Revolut said on Monday it had completed a secondary share sale valuing it at $75-billion.
Uber South Africa has launched a fleet of EVs as it aims for fully electric rides across global markets by 2040.
Takealot’s surging growth underlines South Africa’s fast-rising e-commerce sector as it approaches 10% of total retail sales.
Prosus has reported a 99% surge in adjusted core profit, driven by strong performances in digital services and e-commerce.
IT services company iqbusiness, part of the JSE-listed Reunert stable, has appointed Rob Godlonton as its new CEO.
World News
Meta Platforms experienced a widespread outage on Tuesday that lasted more than two hours.
Apple’s iPhone sales in China fell 24% year on year in the first six weeks of 2024, while Huawei sales jumped 64%.
Beijing has hammered home a longstanding goal to break an American stranglehold on key spheres of technology.
Nvidia has overtaken Saudi Aramco in market value, making it the world’s third-most valuable public company.
Prosus suffers from the same problem as Manchester City Football Club: Because everyone knows it has access to vast amounts of capital, it’s always at risk of overpaying for acquisitions.
On the surface, Intel’s strategic pivot comes at an ideal moment. But despite its bold vision, the company is set to face challenges to its grand turnaround plan that will prove extremely difficult to overcome.
