While Americans won’t be paying more for the iPhone 14 line-up from Apple, South Africans aren’t nearly as lucky, with prices rising by up to 20.3%.
South Africa will require R500-billion in private investment to end power cuts that are stalling economic growth by the start of 2025, Peter Attard Montalto said.
Eskom will continue with power interruptions until at least 5am on Monday, the state-owned utility said on Friday.
Eskom plans to launch a crowdsourcing digital platform in an effort to attract skills it urgently needs, including technical and engineering talent.
The world’s biggest solar technology manufacturer will send panels into space as the first step in plans to test the feasibility of harnessing the sun’s power in orbit.
A proposal by wealthy nations to mobilise the money to help South Africa reduce its dependence on coal has proved more complex than anticipated.
Investors have argued that Adobe overpaid for a company that was valued at about $10-billion in a private fundraising a little over a year ago.
Eskom is seeking an average power tariff increase of just over 32% for next year, much higher than originally sought.
Deputy President David Mabuza has told MPs that there are no plans to privatise Eskom, despite the difficulties facing the state-owned utility.
Adobe has agreed to buy software design start-up Figma in a deal valued at $20-billion to help it expand tools for creative professionals.











