US technology stocks are about to hit their next hurdle when earnings season gets under way in the coming week: vanishing profits.

The result of Eskom’s woes is that South Africans are increasingly being forced to explore alternative sources of electricity.

The Turkish company seeking to supply 1.2GW of power to South Africa will get a decision on its application to proceed with the projects by 7 March.

Eskom has promised some relief from the extreme load shedding it’s been imposing on South Africans over the past two weeks.

Google parent Alphabet is eliminating about 12 000 jobs, or 6% of its workforce, the company said on Friday.

The South African Post Office plans to reduce its working hours and retrench employees in a bid to cut its wage bill.

Mr Price Group is rolling out backup power to all its stores, as the company’s chairman called the country’s current electricity shortage untenable.

The City of Johannesburg’s electricity supply company has warned it is running out of money to fix crucial infrastructure.

Promoted | Durban-based Dipco, an established digital printing company and Xerox partner, has launched a new self-publishing service called Digniti.

South Africa’s main stock exchange will probably continue haemorrhaging listings, the CEO of A2X said in an interview.