Eskom on Thursday submitted an application to the National Energy Regulator of South Africa (Nersa) to recover R22,8bn which the utility used to avert load shedding. “We spent money on acquiring diesel and electricity… When we overspend on
Chinese smartphone brand Xiaomi is aiming to target a tech-savvy market in South Africa, says a distributor. The manufacturer, which has seen success in mainland China for its devices, is bringing the Redmi 2 and Mi 4 to South Africa through a distribution
Vodacom has performed far more consistently on the stock market than its two principal listed rivals, MTN and Telkom, generating a positive return for shareholders over not only the past 30 and 90 days, but also over a one-year and five-year period. The worst performer
Early in 2013, Sony introduced its very first Xperia Z device to the world. From that point on, these smartphones have grown into a high-end line of products, combining a characteristic design with Sony’s own display technology. Yet, despite the premium look and feel of the
Department of telecommunications & postal services director-general Rosey Sekese is facing internal disciplinary charges, telecoms minister Siyabonga Cwele said on Wednesday. “Ms Sekese was served with charges and the disciplinary process started on Tuesday, 3 November
JSE-listed companies are not making sufficient use of Twitter as a platform to help people, including those in the financial community, get a better understanding of their businesses. That’s the finding of new research by FTI Consulting, which evaluates
Legislation governing surveillance powers has appeared on both sides of the Atlantic: the draft Investigatory Powers bill has just been published in the UK while the US senate has voted through a proposed Cybesecurity Information Sharing Act. Following Edward Snowden’s revelations about
Internet giant Alibaba broke its own sales record of US$9,3bn during China’s “Singles Day” 24-hour online shopping binge on Wednesday, defying fears of an economic slowdown in the world’s
A home-grown cellphone brand, AG Mobile, which offers low-cost handsets into the mass market, is starting to challenge the big-name brands for dominance of the South African market. AG Mobile, an
Driver-partners of Internet ride-sharing service Uber will have easier access to cars following a R200m agreement with vehicle finance provider WesBank and FirstRand’s enterprise development fund Vumela. The companies announced on Tuesday in Johannesburg that