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Vodacom profit hit by Ethiopia start-up costs
Vodacom Group on Monday reported a 10.8% fall in full-year earnings, impacted by start-up losses in Ethiopia, higher finance and energy costs, and inflationary pressures. The company, majority-owned by Britains Vodafone Group, c
Load shedding will remain suspended this week
Forty-six days of zero load shedding is likely to be extended to at least 53 days after Eskom said the sustained improvement in generation has continued. In a statement late on Sunday, the state-owned electricity utility said th
Subsea cable cuts hit Africa again, causing major disruption
Two submarine internet cables that connect South Africa and Kenya went on the blink on Sunday, severely impacting internet services in nations in East Africa. The immediate cause of the faults, which are reportedly affecting the
Massive solar storm degrades Starlink services
Starlink, the satellite arm of Elon Musks SpaceX, warned on Saturday of a degraded service as the Earth is battered by the biggest geomagnetic storm due to solar activity in two decades. Starlink owns around 60% of the roughly 7
Zimbabwe arrests cabinet minister's son for using Starlink
A Zimbabwe politician's son was arrested on charges of illegally possessing a Starlink terminal, a sign of the risks in countries where the SpaceX technology isn't licensed. Neville Mutsvangwa, the son of women's affairs communi
EOH shareholders approach board over succession plan
JSE-listed EOH Holdings said on Friday that it has been approached by "certain shareholders" regarding a 'succession plan for the EOH board". It advised shareholders that they should exercise caution when dealing in EOH shares w
Warning of severe solar storm this weekend
A severe solar storm this weekend threatens to trigger blackouts, disrupt navigation systems and knock out high-frequency radios around the world. This is the first time since January 2005 that the US Space Weather Prediction Ce
South Africa faces lithium battery recycling headache
Thanks to load shedding and the steady move to electric mobility, batteries have become essential in South Africans' lives. They keep homes and businesses running during load shedding, keep our phones topped up when we're on the
March cyberattack delays Nampak interim results
Nampak has delayed the release of its interim financial results, blaming the delay on ongoing work the company is doing to ensure the integrity of its financial data following a cyberattack in March. According to a notice to sha