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Despite a weekend report of an approach by MTN Group, Telkom shares were trading lower on Monday, implying investors don’t believe a deal is imminent or even possible.
Eskom’s power supply crisis is intensifying. The state-owned power utility has announced stage-4 load shedding from 1pm on Monday until 5am on Friday.
The International Finance Corporation has partnered withLiquid Intelligent Technologies to expand data centre capacity and roll out fibre-optic cable in Africa.
The Google parent breached $2-trillion in market value for the first time on Monday, fuelled by digital ads and cloud services.
Euphoric gains in Nvidia over the past month have made the stock one of the most expensive names in the red-hot chip-making industry.
Shares of MTN Nigeria hit an all-time high on Monday after receiving approval to operate mobile money services in Africa’s most populous country.