President Cyril Ramaphosa said the energy department will take over responsibility for overseeing Eskom.
Eskom CEO André de Ruyter resigned because “it’s a tough job”, President Cyril Ramaphosa said, stressing that the government has a “cohesive” plan to resolve the national power shortage.
The JSE reached an all-time high on Monday morning, led by South African technology and mining stocks.
Pick n Pay and Takealot Group have tightened their business partnership by exploring the roll-out of Takealot pick-up points in the grocery retailer’s stores.
Apple exported more than $2.5-billion worth of iPhones from India from April to December, nearly twice the previous fiscal year’s total.
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Public enterprises minister Pravin Gordhan said an apparent attempt to poison Eskom CEO André de Ruyter will be “thoroughly investigated”.
Africa Data Centres on Monday said it has reached an agreement for peering through Internet exchanges operated by INX-ZA.
Chinese technology shares advanced on Monday as the sector’s outlook improved further following regulator comments that a years-long crackdown is ending.