Proposals to reorganise the R454-billion owed by Eskom are days away from completion, according to an official who’s overseen their formulation.
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The bold proposal by Cosatu to relieve Eskom of close to 60% of its debt using pension money may be presented by President Cyril Ramaphosa in next week’s state of the nation address.
Vodacom’s agreement with Liquid Telecom to roll out a national 5G network using the latter’s spectrum will entrench the dominance of the country’s biggest mobile operator, Telkom warned has warned.
LG Electronics has become the first major technology company to pull out of the 2020 Mobile World Congress over concerns about the coronavirus outbreak.
Vumatel is implementing wholesale price adjustments for its fibre-to-the-home products, with “nominal” increases for entry-level line speeds and price cuts for faster services.
The Democratic Alliance has lambasted a government proposal to create a second state-owned electricity generation company in South Africa, labelling the plan “utter madness”.
Within minutes of the stock market’s open on Tuesday, shares of Tesla shot up 17%. Which feels extraordinary, except for the fact that they gained more the previous day.
Instagram, the photo-sharing app Facebook acquired for $715-million in 2012, generated more than a quarter of the social media company’s revenue last year, according to people familiar with the matter.
Vodacom said on Tuesday that, thanks to its recently concluded roaming agreement with Liquid Telecom, it will launch next-generation 5G services in South Africa in 2020.
Retail group Edcon is selling stationery retailer CNA to a consortium majority owned by JSE-listed Astoria Investments.