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.
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Eskom’s head office, Megawatt Park, has been renamed “Eskom MegaGravy Train Park” on Google Maps.
Government is prepared for legal fights with environmental groups over its plans to use ship-mounted power plants.
A media interview with the company behind a Free State town’s efforts to end load shedding has Eskom all hot and bothered.
The potential gains are too significant to pass up – and there’s a risk of being left behind by rivals.
Book review | In Truth to Power, former Eskom CEO André de Ruyter writes that decisions taken in 2007 will haunt South Africa for years to come.
South African business executives are running out of patience with the 70-year-old leader following a string of own goals.
World News
Microsoft said on Monday it plans to acquire ZeniMax Media, owner of the storied videogame publisher Bethesda Softworks, for $7.5-billion, its biggest videogame purchase ever.
ByteDance has emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict US President Donald Trump’s statements about how the new entity will be directed by Americans.
A US judge on Sunday blocked the Trump administration from requiring Apple and Google to remove Chinese-owned messaging app WeChat for downloads.
We’ve just had the closest look yet at the global battle against money laundering, and it’s deeply troubling: Banks and their regulators are nowhere near restraining the flow of trillions of dollars of illicit funds.
The Internet of things has attracted a lot of attention and generated considerable column inches; and yet, despite all the attention, has remained pretty much absent – an Internet of vapourware. Samsung wants to Internet-connect all the items in your home and major firms
Far from being dead, BlackBerry could be set for something of a resurgence in Africa, with a significant percentage of consumers in five major markets indicating they may favour the brand when it comes time to buy their next phone. Nokia, on the other hand, is
