Eskom plans to cancel a contract to buy as much as R14-billion of fuel oil from Econ Oil & Energy after a probe it commissioned found Econ’s fees had been inflated.

Apple on Thursday delivered blowout quarterly results, reporting revenue gains across every category and in every geography as consumers working and learning from home turned to its products and services.

Facebook beat analysts’ estimates for quarterly revenue on Thursday and forecast similar growth ahead, as businesses tapped its digital ads tools despite an unprecedented boycott and the coronavirus pandemic.

Amazon.com on Thursday posted the biggest profit in its 26-year history as online sales and its lucrative business supporting third-party merchants surged during the coronavirus pandemic.

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The Zimbabwean businessman is seeking buyers for 20% to 34% of Liquid Telecommunications Holdings for as much as R10-billion, though Covid-19 is frustrating those efforts, sources say.

The Wireless Access Providers Association warned on Thursday that millions of dollars of planned investment in television white-spaces technology in South Africa is at risk over regulatory delays.

After briefly entering the PC market in South Africa a few years ago and then beating a strategic retreat, Huawei is poised to reintroduce its MateBook laptops in the local market.

Nasa launched its latest Mars rover, dubbed Perseverance, on Thursday, the first step in the space agency’s newest effort to hunt for signs of ancient microbial life.

China’s government blasted the US for flouting the rules of global trade and business by threatening to ban TikTok, in Beijing’s strongest defence yet of ByteDance’s viral video app.