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 may have to implement stage-8 load shedding this winter if its interventions are not effective.
Telkom has warned of a sharp decline in earnings for its financial year ended March 2023, sending its shares over a cliff.
Government intends to allocate R6-billion to building a national broadband network, communications minister Mondli Gungubele said.
Government will issue a final policy direction on the allocation of 5G spectrum soon.
Public enterprises minister Pravin Gordhan resorted to schoolboy-level pettiness in parliament on Wednesday.
Eskom has moved to assure South Africans that there is no imminent collapse of the power grid.
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Ericsson has agreed to buy Cradlepoint in a $1.1-billion deal, the Swedish telecommunications gear maker said on Friday, as part of plans to expand its 5G-related products for business customers.
China’s ByteDance is planning a US initial public offering of TikTok Global, the new company that will operate the popular short-video app, should its proposed deal be cleared by the US government
US President Donald Trump raised questions on Wednesday about plans by China’s ByteDance to keep a majority stake in the US operations of popular social media platform TikTok.
Snowflake soared as much as 130% in its trading debut on Wednesday after raising $3.4-billion in an initial public offering, giving it a market value of more than $70-billion.
You can’t have missed our article on Wednesday morning on government abandoning South Africa’s digital migration project. There’s no way it could have been true – there’s too much riding on a successful migration – but quite a few people were suckered by it
If you watch the upcoming season 5 finale of The Walking Dead, the story will likely evoke events from previous episodes, while making references to an array of minor and major characters. Such storytelling devices belie the show’s simplistic scenario of zombie survival
