Communications regulator Icasa on Thursday decided to extend the emergency allocation of temporary spectrum under the Covid-19 state of disaster regulations until the end of August.
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Huge Group’s headline earnings per share for the year ended 28 February will fall by as much as 29.9% after accounting for charges related to share options for its three executive directors.
One of just two local manufacturers of electrical transformers says it faces liquidation after a procurement team at Eskom handed two contracts worth R341-million to the more expensive bidder.
South Africa is planning to scrap e-tolls in Gauteng, MEC for transport Jacob Mamabolo said. “They are being scrapped,” he said in an interview with SAfm.
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ACWA Power plans to bid in South Africa’s next green electricity auction. Interest from the Saudi-based company is a positive sign after lengthy delays in a process to procure green power.
The SABC’s fight with Sentech over tariffs is going from a skirmish to a full-blown public confrontation. The stakes couldn’t be higher – for both sides.
A Swiss-based investment management firm says the proposed share swap between Naspers and Prosus is an “idiotic idea” that is certain to increase the discount with Tencent.
Amazon.com said on Wednesday it is buying MGM, the fabled US movie studio home to the James Bond franchise, for $8.5-billion, giving it a huge library of films and TV show.
Xiaomi’s quarterly profit beat estimates after the world’s third largest smartphone maker narrowed the gap with market leaders Samsung Electronics and Apple in shipments.