The initiative is expected to generate 1 200MW generating capacity and avoid 3.6 million tonnes of CO2 emissions.
The firm acquires 34.5% equity interest in Aurora Wind Power and 7.5% equity interest in Kathu Solar Park.
The firm reaches a settlement with the Special Investigating Unit for its corrupt tenders with the Department of Water and Sanitation.
Showmax subscribers increased 50%, while the online user base grew 13% in the six months ended September.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
The Facebook parent company’s job postings jumped 9% in October, despite the impending 11 000 job cuts.
The majority of Ethereum holders are not actively trading or using their crypto very often, a study finds.
Civil society urges climate finance that is fair, transparent and inclusive, without locking SA into further debt.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The digital bank maintains its “zero fee” regime for services, as the number of business banking customers grows.
The mobile money service hit a milestone of 300% transaction growth over the last three years, says Ericsson.
The clearing house sets a record, processing 100 million EFT credit payments and 103 million debit card transactions.
Omnisient has closed an over-subscribed expansion round led by Buffet Investments, KLT and the Shoprite Group.
The World Bank loan will be used to repurpose the Komati Power Station into a renewable energy site.