Revenue is growing again, but the bill for replacing US technology is showing up in Huawei’s margins.
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Eskom’s profit more than doubled to R30.3-billion, but electricity sales fell 6.2% and municipal arrears passed R111-billion.
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.
More News
The Sixty60 app is getting a major overhaul, with same-day delivery of larger items from Checkers Hyper stores.
Fabricio Bloisi will replace Bob van Dijk as group CEO of Naspers and its European-listed spinoff, Prosus.
Altron expects to report at least a 35% improvement in annual headline earnings per share from continuing operations.
The economic fallout from state-owned Eskom’s struggle to keep the lights on is a top issue in the 29 May poll.
Chinese EVs are causing a headache for regulators in the US and the EU. South Africa has a different problem.
South Africa’s internet exchange points are playing a key role in the efficiency and stability of the internet across Africa.
World News
North Korea’s hacker army launched at least seven attacks on cryptocurrency platforms in 2021, a report said.
Nigeria has lifted a ban on Twitter after the social media platform agreed to open…
Microsoft has lured away a veteran semiconductor designer from Apple as it looks to expand its own semiconductor efforts.
A digital pound used by consumers could harm financial stability and erode privacy, British lawmakers said on Thursday.
Since 2009, US customs and border protection agents have been allowed to search electronic devices carried by citizens or non-citizens as they cross the border into America from other countries
MTN Group’s new CEO, Rob Shuter, begins work on Monday morning, taking the reins from interim executive chairman Phuthuma Nhleko at a time of considerable operational challenges at Africa’s biggest telecommunications operator. Shuter, until































