Webuycars owner responds to share price disaster: Transaction Capital CEO David Hurwitz said the market’s reaction to the company’s recent trading statement is not aligned with the content of the statement. – MyBroadband
Eskom contractor arrested over R14.7 million payment for nothing: The former Eskom employee turned contractor made an unauthorised downpayment for the supply of bowl pumps to Arnot Power Station that were never delivered. Their arrest comes roughly three years after Eskom laid a criminal charge. over the suspected fraud. – MyBroadband
Why South Africa’s Minister of Electricity should listen to André de Ruyter: André de Ruyter outlined four levels at which Eskom is being destroyed. – MyBroadband
YouTube lifts Trump’s account restrictions ahead of elections: YouTube said Friday that it lifted restrictions it had placed on Donald Trump’s account, the latest social media service to reinstate full access for the former president in a very public and high-stakes test for the platforms ahead of next year’s US presidential election. – MyBroadband
Microsoft and Google’s owner enjoy best week in years: More than $ 560 billion (R10.45 trillion) in market value has been added to the four biggest US technology and Internet companies this week. – MyBroadband
Eskom celebrating lower load-shedding levels shows depth of crisis — Electricity minister: “The fact that a monopoly issues a statement to celebrate” such a performance is “just an illustration of the crisis,” Ramokgopa said. – MyBroadband
Eskom workers under siege: Eskom chairman Mpho Makwana says Eskom’s staff morale is very low, with employees struggling to make friends and their children getting bullied at school. – MyBroadband
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