Apple has cancelled the in-person aspects of its annual developer conference in response to the Covid-19 outbreak. The conference had been due to take place in San Jose, California, in June.
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Telkom warned shareholders on Friday that R1.5-billion in restructuring costs will hit its earnings in the financial year to end-March as it moves to get rid of as many as 3 000 employees in the first phase of a restructuring process.
The Information Communication Technology Union has called on employers in the sector to allow their employees to work from home amid the coronavirus outbreak in South Africa.
An acute ingress of marine life, including fish and jellyfish, clogged a drum filter at Eskom’s Koeberg nuclear power station, causing unit 1 at the facility to trip on 10 March.
The coronavirus outbreak is causing people to rethink the handshake and seek other gestures that perform similar functions without touch.
It turns out the relationship between former Public Investment Corp head Dan Matjila and Iqbal Survé’s Sekunjalo Group was as value-destroying as feared by most commentators.
Bitcoin is proving to be no haven asset amid the current global market meltdown. The price of the largest digital currency continued to swing wildly as the latest rout showed no signs of slowing down.
South Africa’s benchmark stock index plunged the most since the market crash of October 1997 as reaction to US measures aimed at curbing the spread of the coronavirus accelerated the sell-off.
Rob Shuter’s announcement that he will not seek to extend his contract as MTN Group CEO a year before it ends will allow the board enough time to pick a suitable candidate.
Bitcoin slumped through $6 000 on Thursday, leading a rout of cryptocurrencies amid a wider global risk asset sell-off over the intensifying coronavirus crisis.