Wireless towers operator IHS Holding is exploring a potential IPO, shareholder Wendel said on Tuesday, in a deal that could be the biggest listing ever by an African company in the US.
Electricity monopoly utility Eskom has shuffled some senior managers weeks after missing its own target for restricting power outages.
Eskom said on Wednesday it would extend scheduled blackouts into Thursday as breakdowns continued to weigh on the system.
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The high court in Pretoria has handed a significant and potentially ground-breaking legal defeat to Telkom, and victory to Vodacom, over the use of the former’s ducts used to carry broadband cables.
China has denounced the US’s latest moves to curb Huawei’s access to commercially available chips, the latest blow in an increasingly tense relationship between the world’s two biggest economies.
Eskom will implement stage-2 rotational load shedding from 4pm on Tuesday, with the power cuts set to continue all day on Wednesday, the state-owned electricity utility said.
Tongwei has halted output at a polysilicon factory in China because of flooding, the latest blow to the solar supply chain that has seen rare cost increases this summer due to disruptions.
Oracle has held preliminary talks with ByteDance on a potential bid for part of TikTok’s business, seeking to rival a competing bid by Microsoft, the Financial Times reported.











