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
Twitter crashed repeatedly during a highly anticipated live audio chat between Elon Musk and politician Ron DeSantis.
It will soon effectively be unlawful to sell fluorescent and incandescent light bulbs for use in South African households.
A new test version of Photoshop incorporates generative AI tools – and the results are, for the most part, incredible.
Massmart has introduced parent Walmart’s global integrated fulfilment software to all Makro stores, with plans to expand to Game and Builders soon.
However, growth across different segments was uneven, with some seeing exceptional growth while others declined.
South Africa is considering extending the lives of some of its biggest coal-fired power plants.
World News
The world’s first flight by a “commercially available aircraft” powered by hydrogen fuel cells has been heralded as a milestone in the development of sustainable aviation.
A group of Apple’s critics, including Spotify and Epic Games, have joined a non-profit group that plans to advocate for legal and regulatory action to challenge the iPhone maker’s App Store practices.
Just a few days ago, the TikTok deal looked like a win for China. Now its state-run media are denouncing it as “an American trap” and a “dirty and underhanded trick”.
Chinese state media blasted Oracle’s proposed deal with the hit video app TikTok, calling the agreement hammered out under pressure from the Trump administration a “dirty and underhanded trick”.
South Africa’s failing Post Office has lurched from crisis to crisis in recent years – and there appears to be no end in sight to the malaise. A much-vaunted turnaround strategy, which was supposed to be
GreenpowerZA, a nonprofit organisation, is hoping to change the way South African children approach the difficult subjects of science and mathematics by teaching them how to design, build and race electric cars. It hopes to foster an interest among youngsters































