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Monday, May 20, 2019
Eskom has suspended its Group Capital Division Executive Abram Masango, pending his investigation on various allegations related to the Kusile Power Station project. The management took a decision based on the seriousness of the allegations and the seniority of his...
The Eskom board has confirmed a retrenchment process of senior managers. The company has confirmed on Wednesday. The power utility said regardless of the efforts to limit the expenses, operating costs have increased drastically. They said the outcome has remained constant. Eskom didn't...
Facebook has revealed a physical 'war room' at its California headquarters as part of its efforts to tackle election interference tactics. In September, in the run-up to elections in both Brazil and the US, it created a physical room at...
The announcement that Tito Mboweni was the next Finance Minister boosted the rand and the markets. The banking have gained strength by about 1% after the economists announced that there was a go-ahead from the markets. Nhlanhla Nene made an honourable...
WhatsApp is inarguably the most popular chat app that billions of users find at their disposal to disseminate what can be as ordinary, repetitive, and sometimes annoying as a "good morning" message. This entails a huge repository of data...
Elon Musk has been forced to quit as Tesla's chairman to escape fraud charges over an incendiary tweet about taking the firm private. The billionaire, who will stay on as chief executive at the electric car maker, has been told...
Tesla shares took a drastic fall of 14 percent Thursday evening, after CEO Elon Musk was accused of securities fraud for tweets about taking Tesla private and sued by the FBI. In after-hours trading earlier Thursday, the energy storage company...
Eskom's chairperson Zola Tsotsi disclosed that power utility will suspend four executives as part of an independent inquiry into the business at Megawatt Park in Johannesburg on 12 March 2015. African Development Bank said they will loan South African state-owned...
Pretoria – Foreign shop owners in Mamelodi are fearing for their lives. Foreign-owned shops were closed on the weekend after circulation of a message which stated that next Saturday is their deadline to leave. A number of shops owned by foreign...
Eskom has finally signed a three-year wage agreement with trade unions following three months of gruelling talks that deadlocked numerous times and affected electricity supply. The National Union of Metalworkers of SA (Numsa) and the National Union of Mineworkers (NUM)...
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