New rules allow Eskom to source over 11,800MW from Independent Power Producers, but this will not solve South Africa’s immediate electricity problems. Source: MyBroadband
Investment holding group Remgro reported a massive drop in earnings for the year ended June 2020, taking a 61.3% knock as a result of the Covid-19 pandemic and the nationwide lockdown implemented to combat it. Source: BusinessTech
From debt collectors at your door to imprisonment – this is what could happen if you do not pay your TV licence. Source: MyBroadband
Volkswagen has announced its special edition Polo Vivo Mswenko for South Africa. Source: BusinessTech
If you want a fast and affordable uncapped Internet connection, then you need to sign up for Vodacom Fibre. Source: BusinessTech
Absa has published its Q2 Homeowner Sentiment Index, which asked 1,000 consumers questions to gauge their confidence on various aspects within the local property industry. Source: BusinessTech
Executive remuneration in South Africa is untethered to any objective measure of fairness, say investment researchers at Just Share. Source: BusinessTech
Real estate investment company Liberty 2 Degrees says that it has seen a return in footfall traffic across its portfolio as South Africans return to malls under the eased lockdown rules. Source: BusinessTech
South African non-profit organisation Code for Change has launched a free-to-use coding and front-end web development training platform for South African high school learners. Source: MyBroadband
Listed ICT services group Alviva has reported a 50% drop in headline earnings for the year ended 30 June 2020, off the back of a strained operating environment. Source: BusinessTech
