Mozambican hydroelectric power generator HCB has cut off a 750 megawatt daily supply to South African monopoly supplier Eskom after the two disputed the price that should be paid for the electricity.
Aqua Online Holdings, the listed e-commerce enablement and support services company announced on Friday that it is to dispose of its gaming subsidiaries and enablement business, distribute the proceeds to shareholders in anticipation of the winding up of the company and terminate its JSE Securities Exchange listing.
Libyan leader Muammar Gaddafi has again come to President Robert Mugabe’s rescue, with a deal for another year’s supply of petrol, the Zimbabwean state press reported on Wednesday.
State-owned South African power utility Eskom has launched and priced its planned three-year bond on Friday, defying European national holidays and emerging bond market volatility that might have derailed it.
South Africa’s largest iron ore producer Kumba Resources reported a 74% jump in net operating profit for the September quarter thanks to higher iron ore and coal sales.
Iraq has told world leaders that the United States was poised to attack the country and warned it would retaliate, as Russia said it could veto US attempts to win UN Security Council approval for strikes against the Iraqi regime.
The University of Natal in Durban on Friday received a R110-million research grant for Aids from two United States organisations.
The Israeli army early on Tuesday entered the town of Jenin, hours after a suicide bomber killed two Israelis in an attack on a shopping mall in a Tel Aviv suburb.
THE Constitutional Court has reserved judgement in the State’s appeal against a Pretoria High Court order that it roll out its antiretroviral programmes.
Ice Station Johannesburg, an accredited parallel event to the World Summit for Sustainable Development, will host an art exhibition called ”Fantastic Rubbish”.