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The simple unbundling of South Africa’s power sector alluded to by the president could herald a new era in South Africa’s energy future.
Government has received an unsolicited bid for its 40.5% stake in Telkom from an investment firm called the Toto Consortium.
There’s been outrage from some quarters about reports that Eskom intends to increase the connection fee for electricity users who also generate their own power.
Telkom said it has not it had received a proposal from Rain and remains in talks with rival MTN about a possible transaction.
Just 18 months ago, Tencent Holdings was on the cusp of becoming Asia’s second trillion-dollar company. No more.
Huawei reported its first quarterly sales rise since the end of 2020 as it fights the US blacklisting that hammered its smartphone business.
Apple has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021.