Huawei Cloud announced at its Global Startup Founders Summit in Shenzhen that it is committed to building a global startup ecosystem that will accelerate growth in the ICT sector. This …
Southern Africa
- BusinessInformation TechnologySouthern AfricaTechnology
Earlier this week, Mr Price ran a competition giving away nine non-fungible tokens (NFTs) to its Instagram followers Dubbed “NF-Tees”, the collection features a strange-looking animated character doing dance moves …
South Africa is facing a risk of an unprecedented level of load shedding this week after units at two of its coal-fired power plants broke down. Eskom earlier on Sunday …
- AfricaAFRICA NEWSBuildingNewsSouth AfricaSouthern AfricaTechnology
Carbon-neutral online shopping startup Curbon launches in South Africa
With a goal to curb carbon emissions, South African startup Curbon, will make carbon-neutral online shopping possible through the launch of the country’s very first plugin created to help fight climate …
- AfricaAFRICA NEWSEnergyNewsSouth AfricaSouthern Africa
South Africa’s Eskom targets 32% power tariff increase for next year
South Africa’s struggling utility Eskom is seeking an average power tariff increase of just over 32% for the financial year that starts on April 1 2023, much higher than originally …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsSouth AfricaSouthern Africa
FirstRand declares highest dividend payout in its history
FirstRand, South Africa’s biggest banking group by market value, will pay a record dividend to shareholders as the bank benefits from a post-pandemic resurgence. The company, which owns First National …
- AfricaAFRICA NEWSBusinessEconomyNewsSouth AfricaSouthern Africa
South Africa may lose 53% of graduates to emigration, survey shows
About half of South Africa’s top earners and university graduates are considering emigration as citizens lose faith in the country’s future, the Social Research Foundation said, citing a survey it …
ACSA, Airports Company South Africa on Thursday (15 September) reported its financial results for the year ended March 2022, which it says largely reflect a difficult operating environment for the …
- BusinessSouthern AfricaTechnology
South Africa’s state owned power utility hits 100 days of load-shedding in 2022
South Africa’s state-owned power utility has implemented power cuts on 100 days in 2022, with more to come. Eskom Holdings SOC Ltd. ramped up outages to so-called stage-4 load shedding, …
- AfricaAFRICA NEWSEconomyNewsSouth AfricaSouthern Africa
Banking transactions show slow recovery in South Africa
An index measuring South African economic transactions fell for a third successive month in August, suggesting that the economy is struggling to gain broad-based momentum after contracting in the second …