Business

[ad_1] IBM said Thursday that it would spin off its IT infrastructure unit to focus more on cloud computing, a high-margin business that has seen momentum as companies increasingly accelerate their digital shift. The company’s shares rose nearly 14% in premarket trading. IBM has trimmed its legacy businesses over the …

[ad_1] 10:14 am, October 08, 2020 SANZAAR and the tournament’s hosts, Rugby Australia, today announced a revised draw for the 2020 Rugby Championship. The 12-match tournament will now be played over seven weeks and Australia’s clash against New Zealand will move from Saturday 12 December to Saturday October 31 at …

[ad_1] By Zintle Mahlati 13h ago Share this article: SharecheepShareShareShareEmailShare Johannesburg – The Zondo commission has continued its investigation into events related to the suspension of four Eskom executives in 2015 and whether former Public Business Minister Lynne Brown played a role in the matter. On Thursday, former Eskom board …

[ad_1] The VBS Mutual Bank “heist” saga of R2.3 billion took an unexpected turn when the prosecution announced that more people would be arrested in the alleged looting scheme. These revelations emerged during the appearance of seven of the top executives of the deceased bank, who appeared Thursday in the …

[ad_1] Andre de Ruyter, CEO of Eskom (DEON RATH) Load shedding is expected to have been “significantly reduced” but not completely eliminated by September 2021. Eskom expects the legislative changes to allow a “less antagonistic approach” to resolve tariff-related issues with energy price regulator Nersa. Lower sales volumes have led …

[ad_1] Trump, far behind in the Nov.3 White House race and performing especially poorly in polls of female voters, used the word twice, calling the Democrat “this monster.” FILE: US President Donald Trump makes a statement in the White House meeting room on May 22, 2020 in Washington, DC. Image: …

[ad_1] By ANA Reporter Oct 7, 2020 Share this article: SharecheepShareShareShareEmailShare Cape Town – Eskom’s former interim CFO on Wednesday rebutted testimony before the Zondo commission by former group CEO Matshela Koko about the suspension of key executives in 2015. Nonkululeko Dlamini testified that Koko demanded a copy of his …

[ad_1] Limpopo police are seeking information leading to the arrest of those involved in the burning of a business premises, a house and a vehicle, and the slaughter of cattle in GaRapitsi. The incident occurred on Thursday when a mob charged a 47-year-old businessman with murder. “It is alleged that …

[ad_1] Limpopo police are seeking information leading to the arrest of those involved in the burning of a business premises, a house and a vehicle, and the slaughter of cattle in GaRapitsi. The incident occurred on Thursday when a mob charged a 47-year-old businessman with murder. “It is alleged that …

[ad_1] When President Cyril Ramaphosa announced a 21-day national shutdown in March, many South Africans rejoiced and congratulated him on taking decisive leadership in fighting the pandemic. Magda Wierzycka, CEO of Sygnia, was not one of them. In fact, she was so angry that she decided to sue the government …