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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The rand plunged to a three-year low on Wednesday as fears grew of load shedding worsening during winter.
Duduzile Zuma-Sambudla has been placed by a study at the centre of a Russia-backed Twitter campaign to bolster support for the attack on Ukraine.
China’s Huawei Technologies has launched a range of consumer electronics products, including the new P60 Pro.
By as soon as Wednesday evening, the amount of electricity that Eskom has failed to provide will be greater than the power it couldn’t provide in the whole of 2022.
Prosus is exploring potential divestments from fintech company PayU, according to people familiar with the matter.
From WannaCry to Mydoom, TechCentral lists the top 10 most dangerous computer viruses ever created.
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Thousands of passenger planes are still grounded, but in-flight Internet is surging to new highs.
With its $6.6-billion contract win with Verizon Communications, Samsung Electronics has reinforced its position as a challenger to the dominance of Nokia and its Nordic rival, Ericsson
SMIC tumbled the most in seven weeks following a report that the Trump administration was considering adding the chip maker to a blacklist amid an escalating crackdown on Chinese tech companies.
Samsung Electronics has won a $6.6-billion order to provide 5G wireless solutions to Verizon Communications in the US, a big win for the electronics giant’s networking gear business.
Although online retail counts for less than 1% of South Africa’s total retail revenue, local e-commerce players are betting on a rapidly maturing market that is moving online with increasing confidence. According to a recent survey released by advisory firm PwC, the
Technology group Pinnacle Holdings will focus on bedding down its African expansion and focusing on company operations as a strategy to rebuild shareholder confidence. Pinnacle CEO Arnold Fourie says
