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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Nvidia is promising to bring a new level of intelligence and interactivity to the realm of dragons and adventure.
The communications regulator has formed a council committee to probe the impact of load shedding on the ICT sector.
Firms and individuals should familiarise themselves with artificial intelligence or risk losing out, Jensen Huang said.
The PIC is backing a possible bid led by the former chief executive of Telkom for a 35% stake in the company, sources said.
The rand is paying the price for South Africa’s woes, with the R20/$ level now firmly in sight.
The three recognised trade unions at struggling power utility Eskom have rejected its revised 5.25% pay rise offer.
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Google plans to pay $1-billion to publishers globally for their content over the next three years, its CEO said on Thursday, a move that could help it win over a powerful group amid heightened regulatory scrutiny.
Huawei is ready to be thoroughly examined to show that its technology does not pose any risk to the countries that will include its equipment in the creation of 5G networks, a company executive said.
China is preparing to launch an antitrust probe into Google, looking into allegations it has leveraged the dominance of its Android mobile operating system to stifle competition, sources said.
Micron Technology has not yet obtained new licences needed to sell its memory chips to China’s Huawei, which will cut its sales over the next two quarters, company executives said.
South Africa still hasn’t switched on commercial digital terrestrial television broadcasts, but that isn’t holding back the broadcasting industry from running trials to test digital radio broadcasts based on Digital Audio Broadcasting and Digital Radio Mondiale
There are some specific words that are not particularly popular with the European Commission: “hi-tech”, “anticompetitive” and “bundling”, to name a few. Throw “US firms” into the mix, and the
