South Africa will issue a request for proposals before the end of the year seeking 2.5GW in new nuclear energy generation.
Author: Sandra Laurence
Sustained load shedding has been devastating for the South African economy and the telecoms industry, Vodacom Group CEO Shameel Joosub said.
IT industry leaders in South Africa have expressed serious concern about the collapse in the value of the rand this week.
MTN said its network availability came under severe pressure in the first quarter due to power cuts.
A dodgy bitcoin mining operation in Vryburg, North West has added to the town’s already massive Eskom bill.
Sasria appears to have walked back its earlier decision that it would no longer provide cover for damage caused by a collapse of Eskom’s grid.
By as soon as Wednesday evening, the amount of electricity that Eskom has failed to provide will be greater than the power it couldn’t provide in the whole of 2022.
Pick n Pay said it delivered a “resilient” performance in its full-year results, despite the damaging impact of load shedding on its bottom line.
The South African Reserve Bank is introducing upgraded banknotes and coins from 4 May to combat counterfeiting and to stay abreast of advances in technology.
Cash should no longer be king and a move to digital open banking is imperative, a fintech conference has heard.