Energy regulator Nersa on Friday announced that it granted Eskom little more than a quarter of the 19.9% tariff increase it applied for, for 2018/2019, and in fact slashed its revenue to considerably less than it

Huawei has rubbished a claim it owes R22m to Fantastic 1 Mobile, with which it partnered in 2016 to open Huawei-branded retail stores across South Africa, saying there is “no basis” to the company’s claim. The stores were

Matshela Koko was reinstated by the board of Eskom to his role as acting CEO, on Friday morning. Previously the head of generation at the state utility, he was suspended and subject to an internal probe relating to the company’s

Five Huawei-branded stores have been closed after an ugly dispute over non-payment allegedly amounting to millions of rand to a local partner of the Chinese consumer electronics giant. Nisaar Ally, owner of Fantastic 1 Mobile, which

South Africa is seeking to raise as much as R4bn from the sale of part of its 39% stake in Telkom to raise funds for the country’s unprofitable state airline and post office, according to two people familiar with the

The South African Revenue Service is in discussions with some of the top technology companies in the world to enable it to track cryptocurrency trades more efficiently. Interest in cryptocurrencies, like bitcoin, has risen significantly