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Lloyds Bank looks to cut nearly 800 jobs, as it says customer preferences are changing
British retail lender Lloyds Banking Group revealed its plans for a net reduction of nearly 800 jobs as part of its ongoing strategy to adapt to changing customer preferences and advancements in digital banking. In a statement, Lloyds announced the elimination of around 1,600 jobs across its branch network. However, the bank also outlined the
HONOR Celebrates Winners of its Trailblazing #HONORBeyondLimitsExperience Ahead of HONOR X9b 5G Launch
HONOR, a leading global technology brand, is thrilled to announce the winners of the #HONORBeyondLimitsExperience contest, held as a prelude of the highly anticipated launch of the HONOR X9b 5G in South Africa. The contest, which invited participants to showcase their boundary-breaking and norm-defying moments, generated an overwhelming response from the public. As part of
10 E-commerce trends to look out for in 2024
The digital media landscape changes daily and in the last twelve months advances have rocketed. Here the team from The Digital Media Collective (TDMC) share some of their insights and predictions in the e-commerce space and what to implement into your own business strategy. With their razor sharp e-commerce focus, TDMC has a unique agility
Five key trends driving enterprise WiFi in 2024
In the typical enterprise, there are a variety of applications required for use by various stakeholders; these different applications also demand different types of network technologies, from a speed and latency perspective, in order to function optimally. One of these technologies is WiFi – not only has it been growing in popularity, but also in
Volkswagen reveals the Golf 8.5 GTI
Volkswagen has officially unveiled the latest iteration of its iconic Golf, dubbed the '8.5', showcasing a revamped exterior, enhanced cabin technology, and a more potent GTI model. While awaiting final confirmation for the South African lineup, it is anticipated that the local market will predominantly feature the Golf GTI and the upcoming Golf R, yet
Not so good news for petrol prices in February
The December reduction in petrol prices provided a slight relief in inflation, as indicated by the latest Stats SA data. However, the winning streak in lower inflation might face a setback in February, poised for the first hike in three months. December's headline CPI (Consumer Price Index) surpassed market expectations, registering at 5.1%, maintaining an
Travelling to the cloud: Pack the right digital boxes
The move to the cloud can be of immense value to the organisation but should be done with meticulous planning to avoid bill shock while gaining the benefits. The cost of cloud can often come as a surprise. Bill shock, says the latest Ofcom report, is a common complaint thanks to limited pricing visibility and cost
HUAWEI Adapts to New Era of Work with Lightweight, Large-Screen HUAWEI MateBook D 16
As we embrace the enduring trend of hybrid work environments, the need for adaptable technology has never been more crucial. Against this backdrop, workers often find themselves challenged by the limitations of their devices – whether it's the hassle of transporting them or the struggle to work efficiently on small screens while away from the
Tackling cloud migration's biggest challenges
Your organisation already relies on cloud services: if you use Office365, Google Workspace, Slack, SalesForce, LinkedIn. Click Up, Calendly or any of the many thousands of online business services and apps, you are using the cloud. And there are even bigger opportunities to get more from today's digital technologies. Organisations rely on servers to manage
Ooredoo and Zain Forge Partnership to Launch Leading Tower Company in North Africa
Ooredoo Group and Zain Group, leading telecom providers, are in the process of launching a new independent cellphone tower company, focusing on assets in the Middle East and North Africa (MENA) region. The companies have officially announced their entry into exclusive negotiations with UAE-based TASC Towers Holding to amalgamate tower assets across Algeria, Tunisia, Qatar,
Ebay Slashing 1,000 Jobs and Contractors to Sharpen Company Focus
eBay is set to undergo a significant workforce reduction, cutting approximately 1,000 jobs, equivalent to 9% of its full-time employees, as well as trimming work for external contractors. The decision is rooted in the company's assessment that its staffing and expenses have outpaced its growth, necessitating a more agile approach in the face of a
R38 Billion Maputo Port Upgrade Approved as SA Cargo Flows In
Mozambique has granted approval for an extended agreement involving DP World, Grindrod, and other operators overseeing its largest port, situated in the capital city of Maputo. The deal, endorsed by the Council of Ministers, spans 25 years, concluding in 2058. The consortium, which includes Mozambique's state-owned railway operator, plans a $2 billion expansion as part
Whistle-blower discloses WesBank’s faulty system that overcharges black clients
A former employee of WesBank has disclosed intricate details of an alleged systematic approach by the finance provider to overcharge black clients intentionally, using a specific system. The ex-employee, who maintained anonymity, worked in the IT department as a contractor from 2014 to 2018. According to him, WesBank utilized the acquisition system to determine interest
The Honda Fit takes centre stage
After causing initial confusion by not disclosing pricing for conventional petrol engine models during the debut of the facelifted e:HEV hybrid variant last year, Honda has now revealed details of the complete three-model Fit lineup. The Fit, formerly known as Jazz, underwent styling updates, featuring a new front bumper, restyled honeycomb grille, darkened LED headlights,
The artificial general intelligence (AGI) was discussed at the World Economic Forum
Executives from leading artificial intelligence labs, including OpenAI, Cohere, Google’s DeepMind, and major tech companies like Microsoft and Salesforce, gathered at the World Economic Forum in Davos, Switzerland, to discuss the potential arrival of artificial general intelligence (AGI) comparable to or surpassing human intelligence in the near future. The conversation explored the risks and opportunities
Cape Winelands Airport Set for Completion in 2025
A significant airport expansion program, valued at R7 billion, is currently in progress at Cape Winelands Airport, representing a crucial milestone in the development and accessibility of the Cape Winelands region. Established in 1943 and primarily catering to general aviation traffic, the airport's expansion and upgrades are slated for completion by 2027, according to reports
Terraform Labs Files for Chapter 11 Bankruptcy
Terraform Labs, the company behind digital assets TerraUSD (UST) and Luna, has officially filed for Chapter 11 bankruptcy in Delaware. This strategic move is aimed at facilitating the continuation of its operations and supporting ongoing litigation in Singapore and the United States, particularly involving the Securities and Exchange Commission (SEC). The Chapter 11 filing also
African Bank Distributes R100 Million in Dividends
African Bank, emerging from the aftermath of the African Bank Investments collapse, has announced its second dividend, matching the R100 million payout from its inaugural shareholder distribution a year ago. The dividend, set at 20 cents per share, will be distributed among African Bank's shareholders, including the Reserve Bank with a 50% share, and the
DSG honoured with Top Service Provider award at the annual BPESA GBS & BPO Conference and Alchemy Awards 2023
Digital Solutions Group (DSG) has been honoured with the award for Top Service Provider at the annual BPESA GBS and BPO Conference and Alchemy Awards 2023 for its collaborative partnership with MultiChoice. The company provides MultiChoice with inbound, outbound, NOC, lead generation and sales activations and Live Chat support. The partnership has significantly enhanced MultiChoices’
From Bets to Budgets: Affordability and Betting in SA
Switch on the TV, and you'll be hard-pressed to find a sports team not endorsed by an online betting company. The online gambling market in South Africa is set to hit a revenue of USD 828.50m this year, with an estimated 3.6 million users by 2028. As the wave of online gambling sweeps across South