South Africa has no fiscal space left and must implement strong budget consolidation and state-owned company reforms to ensure its debt sustainability, the International Monetary Fund said.

Concern about the cost of Amazon’s one-day delivery pledge lingered after a busy holiday period, holding the stock back while shares of rivals including Microsoft, Google and Apple all rallied. That abruptly changed on Thursday.

IBM has named Arvind Krishna as chief executive officer, replacing longtime CEO Ginni Rometty. She will be remembered for two main things: shrinking sales and initiating IBM’s third major transformation.

Eskom will resume cutting 2GW from the South African grid at 9am on Friday until 6am on Monday due to a shortage of generation capacity and depleted emergency resources.

Promoted | Huawei has partnered with Namola to ensure that more South Africans have access to this life-saving service. Namola is available on Huawei’s AppGallery for current Huawei users, and on Huawei’s HMS new device ecosystem.

Promoted | We used to only be able to fax from an analogue phone line. Now not only can you fax from your computer; now you can fax over IP. But there are some pitfalls to watch out for.

In a pre-closing update ahead of the publication of the group’s interim financial results for six months to end-January 2020, EOH signalled that it’s slowly turning the corner, operationally at least.

MTN has pledged to invest $1.6-billion (R23.4-billion) to expand its operations in Nigeria after settling the latest major dispute with authorities in its most profitable market.

Eskom is gauging interest from companies to develop and build small modular reactors using so-called pebble-bed technology and supplying the fuel they would need.

Two defunct satellites, racing across the sky at around 53 000km/h, narrowly missed smashing into each other on Thursday. They may have come within 47m of each other at their closest approach.