Eskom has confirmed R36.8-billion of irregular expenditure relating to prior years, restated outside the financial statements.
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OpenAI has denied Apple’s trade secret theft claims, calling the Apple OpenAI lawsuit a mess of the iPhone maker’s own making.
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.
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Eskom has had to defend itself against armed robbery, fuel theft, sabotage and corruption – all of which are increasing the risk of a complete power outage.
Electricity minister Kgosientsho Ramokgopa said he can’t preclude the possibility of South Africa being plunged into even worse load shedding this winter.
Sasria, has told clients it won’t pay claims for damage related to a collapse of the national electricity grid, a report said.
Redefine Properties is looking at boosting its solar power generation capacity as it seeks to reduce its reliance on South Africa’s failing state-owned electricity utility.
President Cyril Ramaphosa has ordered army personnel to be stationed at power stations as theft and sabotage continue unabated.
World News
Epic Games has has asked a court to stop what it saw as Apple’s retaliation against the Fortnite creator after the iPhone maker terminated Epic Games’ account on its App Store.
US President Donald Trump insists that any sale of TikTok include a cut for the federal government, yet that demand has baffled policy experts and lawyers.
Apple said on Thursday that it will delay until early next year changes to its privacy policy that could reduce ad sales by Facebook and other companies targeting users on iPhones and iPads.
Thursday’s megacap tech selloff is likely just some froth coming off a hot market rather than a portent of a larger pullback to come.
Nokia, Motorola, Sony Ericsson and BlackBerry were all victims of disruption. During the 1990s and 2000s, they shepherded the cellphone during its period of take-off into ubiquity. Then in the last five years, they all lost their leadership positions and are now on the
Apple CEO Tim Cook has released the much anticipated Apple Watch, the company’s first new product since the iPad. Cook said the new watch, in addition to telling the time, was a “comprehensive health and fitness companion”. But we’re unlikely to hear much about how































