The Public Investment Corp has submitted a proposal to government on converting bonds it holds in struggling state utility Eskom into equity, PIC chairman Reuel Khoza said in an interview.
Twitter CEO Jack Dorsey has defended the platform’s decision to fact-check Donald Trump’s tweets after Facebook chief Mark Zuckerberg questioned the move.
Eskom expects only three days of stage-1 power cuts, where up to 1GW is taken off the national grid, during the winter period when demand increases, the CEO said on Wednesday.
View the latest contribution from TechCentral cartoonist Jerm.
South Africa stands to lose five years of potential economic output due to the shock from the coronavirus pandemic and measures to curb its spread, according to the Reserve Bank.
Apple has secured a deal for Hollywood veteran Martin Scorsese’s next film, Killers of the Flower Moon, US media reported on Wednesday, citing sources.
US President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Google from being responsible for the material posted by their users.
South Africa plans to announce a R350-billion infrastructure programme after talks with the private sector and multilateral lenders, said Paul Mashatile, the treasurer-general of the ANC.
US President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter added a warning to some of his tweets.
Analyst firm Gartner has cancelled the South African leg of its IT Symposium/Xpo event, which was due to take place in Cape Town in October, due to the Covid-19 pandemic.