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 Léon Thévenin, a cable repair ship, has set sail to repair damage to internet cables on Africa’s east coast.
Bradwin Roper, CEO of fintech at MTN South Africa, is leaving to “explore a new opportunity”.
Joan Joffe introduced the original IBM PC to South Africa. The pioneering businesswoman is our next guest on TCS Legends.
MTN South Africa said it plans to adjust data prices in the current quarter as consumer demand spikes.
Canal+ has continued snapping up shares in MultiChoice as a 4 June deadline nears to publish a joint circular.
The rand has erased the year’s losses and South Africa’s benchmark stock index closed at the highest level in nine months.
World News
A weak start to 2022 and a host of looming macro and technical headwinds are…
Messaging app Signal’s founder and CEO Moxie Marlinspike will step down and WhatsApp co-founder Brian Acton will become the interim CEO.
Tencent Holdings is nearing a deal that could help the tech behemoth further its ambitions for the metaverse.
Take-Two Interactive will acquire mobile game maker Zynga in a cash-and-stock deal at an enterprise value of nearly $12.7-billion.
South Africa is fast approaching a crossroads at which it must choose between structural reform and a lurch to populist nationalism. So, too, is its governing ANC, which later this year must elect a successor to its president, Jacob Zuma. With
When Uber CEO Travis Kalanick takes an Uber, he prefers a black car, the high-end service his company introduced in 2010. On this particular night in early February – Super Bowl Sunday in the































