South Africa faces a precipitous economic and political collapse by 2030 unless it changes its economic model and implements growth-friendly policies, according to Eunomix Business & Economics.

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A conveyor belt at the giant Medupi coal-fired power station snapped on Wednesday night, prompted state-owned power utility Eskom to warn on Thursday morning of a high risk of load shedding.

Santie Botha and Khanyisile Kweyama are stepping down from the board of Telkom, while Alphonzo Samuels will join the board along with Herman Singh.

Naspers-backed cryptocurrency exchange Luno has been acquired by New York-based digital asset investment firm Digital Currency Group.

Apple has filed filed counterclaims against Fortnite creator Epic Games asking for lost App Store fees and other damages, and seeking an order to stop the game maker from operating its own in-app payment system.

The next-generation Xbox game console finally has a price and release date: The Series X will be out on 10 November worldwide for $499.99 – it will cost R11 999 in South Africa – Microsoft said on Wednesday.

Alviva Holdings said on Wednesday that it’s full-year headline earnings will fall by more than 50%, though it said its prospects have improved since a disappointing set of interim results earlier this year.

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