Tag: South Africa

Telkom
News

South Africa’s Telkom under pressure as shares plummets

South African company, Telkom is facing pressure on its profit margins as its share price falls by more than 30 percent over the last month. It was gathered that this was a result of poor results and the failure of telecommunication giant, MTN to take over the operator. The company had earlier warned its stakeholders […]

S.Africa signs wind energy deal to ease power outages
Electricity

S.Africa signs wind energy deal to ease power outages

South Africa on Thursday inked the first three of a series of agreements with independent producers to supply wind energy amid worsening blackouts in the continent’s most industrialised economy. The coal-dependent country picked 25 wind and solar projects to generate a total of 2,583 megawatts, a boost of roughly 4.5 per cent on current capacity. […]