SA is waiting anxiously to hear what Eskom’s latest round of tariff hikes will be. But besides the tariff increases to pay for its current construction programme – the building of the Medupi, Kusile and Ingula power stations – the big question is how it is going to fund new generation capacity after that. The country’s
Finance minister Pravin Gordhan has called for cool heads to prevail in the Gauteng e-tolling saga, and said the government was seeking a win-win approach for all involved. “Theoretically, if the government wants to go and collect tolls tomorrow, it can go ahead and collect them, but that’s not the issue,” Gordhan told
The Bourne Legacy is a valiant attempt to revive one of the best action series of the past decade with a new director at the helm and a new character in the lead. Legacy is not always as effective as the Matt Damon Bourne films, but it shares enough of the trilogy’s virtues to mostly hit the mark for series fans
Uncertainty continues to surround Telkom after a cabinet meeting on Wednesday where the company’s future was meant to be debated. Communications minister Dina Pule said last week that she would present three options for the company’s future to cabinet, which is government’s highest-level
Cosatu threatened mass action on Thursday against e-tolling in Gauteng after the constitutional court overturned an interdict to halt the project. “We are going to resist it with every power we have,” general secretary Zwelinzima Vavi told reporters on the sidelines of Cosatu’s 11th national congress in Midrand
Telkom’s past indiscretions are coming back to haunt it. The JSE-listed telecommunications operator has warned shareholders that it expects headline earnings per share from continuing operations for the six month to 30 September 2012 to be at least 65% lower than the same period in 2011. At the
In a judgment handed down on Thursday, the constitutional court set aside an interim order that put on hold a plan to toll highways in Gauteng. “The interim order granted by the high court on 28 April 2012 is set aside,” said deputy chief justice Dikgang Moseneke. This was because the high court
A Woodstock, Cape Town-based mobile phone-based instant-messaging and chat-room service called 2go is fast becoming one of the most talked-about Internet companies in Africa, with as many as 1m people connected at a time. 2go, which was
JSE-listed technology group Altech has again been hit by poor performance at its East and West Africa operations, and has warned that as a result of impairments in these businesses it expects headline and adjusted headline earnings per share for the six months ended 31 August 2012 to be between 18% and 25% lower than a year
Wireless hardware manufacturer Option’s XYFI range of products and accessories, made in Belgium, is aimed at the digital nomad who wants connectivity wherever they are. Billed as the “smallest personal hotspot”, the XYFI unit and accessories aren’t cheap, but they perform well and look great. With mobile data
