Siphiwe Sibeko/Reuters Eskom has issued a formal notice of its intention to reduce, interrupt or terminate electricity supply to several bulk supply points serving the City of Johannesburg, after arrear debt owed by the metro and its distributor, City Power, climbed past R5.2-billion. In a media statement on Tuesday evening, the utility said the City…
Botswana has not cut off electricity supply or closed borders amid anti-migrant action in South Africa IN SHORT: As anti-migrant demonstrations continue to shake South Africa in May 2026, claims about neighbouring Botswana taking action are circulating online. But there is no evidence the country has closed borders or cut off electricity supply to South…
The decision to reduce the US deployment to Germany comes amid a row between the two allies over Iran.
South African hotels are moving to Google Workspace to reduce overheads, improve internal communications and reduce admin time so staff can focus on improving customer experience. This is according to Wilhelm Dubber, director of Rand Data Systems, an IT infrastructure specialist focusing on the hospitality industry. Rand Data Systems, which has served as a trusted…
GoPro has announced a significant restructuring plan that will see the company reduce its global workforce by 23% by the end of 2026. The move comes as the action-camera pioneer seeks to stabilize its finances and reclaim market share in an increasingly crowded hardware landscape. Read: ShopriteX debuts Pixie, an AI assistant for Sixty60 According…
Licensed South African bookmakers have called on banks and payment providers to block transactions to “illegal” offshore gambling platforms, which they claim now account for nearly two-thirds of all online betting activity in the country. The South African Bookmakers Association (Saba) has said in a new report it commissioned from global gaming research firm YieldSec…
Reserve Bank governor Lesetja Kganyago The South African Reserve Bank maintained its main lending rate at 6.75% on Thursday, saying caution was needed as higher energy prices triggered by the US-Israel war against Iran would push up inflation. Economists polled by Reuters had expected no change in the repo rate, as the Middle East conflict…
As tensions escalate again across the Middle East, global oil markets are entering another period of uncertainty. Even the threat of disruptions to tanker routes or energy infrastructure in the region can send crude prices sharply higher. Much of the world’s oil still moves through the strategic maritime chokepoint of the Strait of Hormuz. Any…
Finance minister Enoch Godongwana Finance minister Enoch Godongwana has been urged to reduce taxes on electric cars in Wednesday’s budget speech and to deliver the policy clarity the sector has waited two years for. The taxes make electric cars more expensive than petrol vehicles, while a lack of policy around new energy vehicles is slowing…
Amazon said Wednesday it plans to eliminate about 16,000 corporate jobs, marking its second round of mass job cuts since last October. In a blog post, the company wrote that the layoffs were part of an ongoing effort to “strengthen our organization by reducing layers, increasing ownership, and removing bureaucracy.” That coincides with a push…
