The Competition Commission on Thursday said it has given its conditional approval for an entity called Gatsby SPV to acquire “certain aspects” of Cell C.
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Eskom CEO André de Ruyter said on Thursday the state power utility could become financially viable and do without government bailouts if it could more than halve its debt to R200-billion.
Promoted | In this podcast, TechCentral speaks to BBD chief digital officer Peter Scheffel and company executive Andries Janse van Rensburg about digital transformation in light of Covid-19.
Cape Town said it could buy its own renewable energy within five to six years if it wins a court case against the government.
The planned recapitalisation of Cell C, believed to involve the Buffet Consortium and other investors, has been finalised, though details are only expected to be made public next month, TechCentral has learnt.
Naspers has agreed to invest R100-million in South African agriculture-technology start-up Aerobotics, which uses artificial intelligence and drone and satellite imagery to help farmers manage crop health and predict crop yields.
Naspers-backed cryptocurrency platform Luno is in talks about expanding in Kenya and Ghana to extend its African footprint, as bitcoin rallies 99% over the past two months amid the coronavirus pandemic.
New power from wind and solar is set to fall this year for the first time in two decades due to factory closures, workers’ needs for social distancing and developers’ financial concerns.
ByteDance’s valuation has risen at least a third to more than $100-billion in recent private share transactions, people familiar with the matter said.
Facebook is launching Shops, a service that will allow businesses to display and sell products on the world’s largest social network’s platforms, CEO Mark Zuckerberg said on Tuesday.