Eskom’s profit more than doubled to R30.3-billion, but electricity sales fell 6.2% and municipal arrears passed R111-billion.
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Revenue is growing again, but the bill for replacing US technology is showing up in Huawei’s margins.
Electricity theft and unrecognised municipal revenue together exceed the utility’s entire annual profit.
Eskom has confirmed R36.8-billion of irregular expenditure relating to prior years, restated outside the financial statements.
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Ether has surged, leading a rally in digital assets amid growing speculation about approval of one or more ETFs.
Three years after its launch, the UK content-focused BritBox is shutting down in South Africa.
Competition Tribunal hearings into the proposed merger between Vodacom and Maziv kicked off in Pretoria on Monday.
Altron Group has hiked its final dividend for the 2024 financial year by 74% after reporting strong financial results.
Google is betting Microsoft’s very public cybersecurity failures will persuade companies to switch to its productivity software.
Enviro Automotive is gearing up to introduce the most affordable full EV yet seen in the local market.
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The CEOs of major US airlines have warned of an impending “catastrophic” aviation crisis in less than 36 hours, when AT&T and Verizon are set to deploy new 5G services.
Omicron has breached the political, financial and technology centres of China for the first time, raising concerns about global supply chains.
Consumers and businesses are increasingly starting to use digital tokens other than bitcoin for purchases, according to BitPay.
Microsoft said it has observed “destructive malware” in systems belonging to several Ukrainian government agencies and organisations.
Swiss watchmakers are diving further into the unproven smartwatch market, with Montblanc, TAG Heuer and Tissot seeking to attract younger shoppers with a technology the industry largely snubbed until consumers began turning
In planning its future energy path towards lower carbon emissions, South Africa should be wary of unproven claims that total reliance on variable renewable energy sources is feasible
