Vodacom South Africa’s prepaid revenue accelerated in the second quarter, and its margin hit its highest level since FY2023.
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Government will publish its evidence-based case for 5.2GW of nuclear power at the end of November.
Home-Connect and Afrihost charge the same prices and apply the same fair-use limits on Comsol’s new network.
Vodacom has since secured waivers from its lenders, but its appeal against the ruling has yet to be heard.
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Eskom will receive R254-billion in debt relief over the next three years, provided it partially privatises the country’s electricity transmission network and coal-fired power plants.
Government plans to take on more than half of Eskom’s debt burden over the next three years to help strengthen its balance sheet, operations and enable it to restructure.
Naspers is backing rent-to-buy car firm Planet42 in a $100-million debt and equity fundraising.
South Africa’s energy supply crisis worsened significantly in 2022 – especially in the second half of the year – and things could get even worse.
Eskom appears to have reached an unprecedented level of power cuts, indicated late on Tuesday by the company spokesman.
Investors in Eskom are on high alert for finance minister Enoch Godongwana’s plan to reorganise its mountain of debt.
World News
Zoom Video Communications will let paying customers decide which countries their virtual meetings get routed through, a move to assuage clients worried they may be vulnerable to Chinese snooping.
As the coronavirus pandemic leads to anxiety over the strength of the world’s food supply chains, everyone from governments to banks are turning to the skies for help.
Two Nasa astronauts have said they expect it will be tough returning to such a drastically changed world next week, after more than half a year at the International Space Station.
Apple and Google have unveiled a rare partnership to add technology to their smartphone platforms that will alert users if they have come into contact with a person with Covid-19.
Telkom’s second attempt in seven years at acquiring Business Connexion (BCX), the listed IT services group, will probably get the nod from South Africa’s competition authorities, analysts believe. Telkom on Thursday announced it had made a R2,7bn all-cash offer to buy out the JSE-listed IT services company. In 2004, Telkom bid
After a lengthy pilot project, Standard Bank has commercially launched SnapScan, a smartphone-based payments system that removes the need for consumers to carry either cash or bank cards, allowing them to make payments using only their phones. Consumers from any bank, not only
