President Cyril Ramaphosa is finally making good on a longstanding pledge to enact policy reforms, signalling the tide may be turning for the coronavirus-battered economy.
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A seat on a spaceship ride with billionaire Jeff Bezos went for R385-million during a live auction on Saturday, concluding the month-long bidding process.
Icasa said late on Friday that it is nearing a “settlement breakthrough” with telecommunications operators that will allow a planned spectrum auction to proceed.
As Eskom shifted from stage 1 to stage 2 to stage 4 load shedding and then back to stage 2, then stage 3 this week, the impact on Johannesburg’s City Power grid has been chaotic.
Avvatta, the brainchild of the former CEO of Cell C’s now-defunct entertainment platform, Black, has been launched, promising more competition in the already-crowded streaming video market in South Africa.
Eskom will suspend load shedding at 8pm on Friday, but it will implement the rolling national blackouts at stage 1 on Saturday and Sunday evening “for a limited period”.
South Africa has laid the foundation for finance watchdogs to set crypto-asset controls as the nation seeks to curb growing cases of fraud and improve the management of cross-border flows.
South Africa has agreed to sell a majority stake in South African Airways, ridding the government of an entity that has long been a drain on state finances.
Nigeria’s biggest mobile payments company is vying to become Africa’s next unicorn, and its ambitions now stretch beyond the continent.
President Cyril Ramaphosa on Thursday moved to deal with the electricity supply crisis harming the South African economy by lifting the limit on self-generation of power to 100MW.