Eskom implemented rotational blackouts on Thursday after it failed to return power generation units to the grid and after additional breakdowns overnight.
Browsing: top
President Cyril Ramaphosa is preparing to ease lockdown restrictions, including the possible scrapping of an alcohol sales ban, according to people familiar with the matter.
Eskom on Wednesday warned that rotational blackouts could return at any moment as its struggled to meet demand for electricity with 11GW in unplanned breakdowns in its generation fleet.
Chinese gaming and social media giant Tencent said second quarter net profit rose 37%, beating market estimates, on higher demand for its videogames as coronavirus-related lockdowns kept people indoors.
Bitcoin’s recent run higher has brought out a lot of old predictions – and some new ones – about the future of crypto prices.
Chronic under-performance of South Africa’s economy over the past decade is pushing the continent’s dominant powerhouse to the edge of economic and political disaster.
The R3.8-billion claim Eskom has made against former executives as well as former minister Mosebenzi Zwane and the Gupta brothers, is a matter of principle, CEO André de Ruyter said on Tuesday.
Donald Trump’s WeChat ban targets a celebrated Chinese innovation at the heart of the world’s largest mobile gaming and social media empire, threatening one of the more eye-catching stock rallies of 2020.
HMD Global, the maker of Nokia-branded smartphones, has secured $230-million of investment from partners including Google and Qualcomm to help accelerate its development of 5G devices.
The appointment of a white treasurer at Eskom has become mired in allegations of racism, deepening a political dispute between a rabble-rousing opposition party and a cabinet minister.