Browse every article
1,344 articles · 1 filter applied · Reset filters
African mobile operator Orange announces new plans to curb cybersecurity
Telecommunications company, Orange South Africa’s CEO Christel Heydemann has just announced a new strategic plan to 2030. The strategic plan will refocus on Orange’s core telecom business, boost growth in the African continent and restructure its ailing enterprise business with a focus on cybersecurity. According to Heydemann, the strategy will bring low single-digit growth annually
Nissan recalls 500 000 cars owing to faulty airbags that could lead to driver injuries
Japanese carmaker Nissan has announced that it is recalling almost 500 000 cars due to faulty airbags. The multinational automaker also expressed concerns regarding the airbag deploying and causing the steering wheel emblem to come loose and injure the driver, according to reports. BusinessTech Africa has gathered that more than 464,000 older Nissan pickups and
ANC & EFF MPs tell Transnet Group CEO Portia Derby to shape up
Struggling South African freight rail agency Transnet Group CEO Portia Derby has been told to shape up or ship out by members of parliament. The African National Congress and Economic Freedom Fighters MPs tore into Transnet Group CEO on Wednesday, accusing her of "doing nothing" to arrest the company's slide into dysfunction and reprimanding her for privatising parts
SA-born Elon Musk on his way to becoming the world’s richest person
South African-born businessman Elon Musk is slowly bouncing back to the title of the world's richest person yet again. This comes as the 51-year-old chief executive, whose net worth is largely wrapped up in Tesla stock, is close to recapturing the spot as the electric-vehicle maker's shares surge. Musk’s company, Tesla, went up 76% year-to-date
Botswana farmers confident about commercial apple production
BusinessTech Africa understands that the Ministry of Agriculture in Botswana said farmers are looking to start the commercial production of apples. This is the view shared by the country’s ministry of agriculture, as apple farming in the country was a challenge as a result of unfavourable weather conditions. Farmers Weekly has it that local farmers
Eskom CEO Andre De Ruyter: Load shedding to stay for the rest of 2023
Outgoing Eskom CEO Andre de Ruyter has warned South Africans that they must be ready to live with load shedding. De Ruyter says the load shedding crisis is here to stay for the rest of the year and this comes as contrary to what the African National Congress said. The ruling party is of the
MTN pledges to invest R17 billion in Ghana over the next five years
South African mobile telephone operator MTN has vowed to invest $1 billion (R17bn) in Ghana over the next five years. The MTN Group said it will inject this money following the Ghanaian government's move to exempt its unit from tax claims worth about $773 million. MTN announced this development on Wednesday as it comes on
SA Chamber of Commerce addresses load shedding impact on business
The South African Chamber of Commerce and Industry has lashed out at the ongoing power outages and said it will have serious implications for the economy. SACCI said on Wednesday that the load-shedding crisis would have serious implications for the economy as it hampers confidence and spooks foreign investors. This comes as the Fitch Ratings
Disgruntled Citrus Growers Association mounts pressure on President Cyril Ramaphosa
South African Citrus Growers Association is still urging President Cyril Ramaphosa to provide an update on matters related to exporting its produce. CGA is mounting pressure on the government on whether it intends to convene a World Trade Organisation (WTO) Panel to adjudicate the new False Coddling Moth (FCM) regulation governing the importation of South
The University of Johannesburg becomes the first varsity to unveil electric buses
The University of Johannesburg has set the record by becoming the first university to unveil electric buses. Based in Johannesburg, UJ rolled out two full electric buses which are already in use by the varsity. Per a media statement, the higher education institution said the buses are already ferrying students across its campuses. The buses
Worker’s unions Solidarity & CWU irked with Telkom’s retrenchment plans
South African state-owned telecoms company Telkom has come under heavy criticism following an announcement to shelve its staff. Telkom announced that it will retrench about 15% of its staff but it seems the move has irked the unions. Communication Workers Union (CWU) and Solidarity have criticised Telkom over its planned job cuts as the company
Ethiopian Airlines carried record 750 000 tons of cargo in 2022
East African airline, Ethiopian Airlines has reached a milestone as it has accrued 750,000 tonnes of cargo in 2022 with flowers accounting for 110,000 tonnes. High-tech cargo accounted for 54,500 tonnes, pharmaceuticals 30,000 tonnes, and vaccines 1,500 tonnes, says the airline. Ethiopian carried 22,500 tonnes of salmon and 6,000 live animals. The leading African airline
Automaker Ford to retrench staff at its European operations as it shifts to EV
Another big company, Ford, is planning to retrench its staff and that is the word reaching BusinessTech Africa. It is widely reported that Ford will dismiss some 11% of its workforce in Europe as the American carmaker cuts cost in the latest sign of industrial disruption caused by the automotive sector's shift to electric vehicles.
Anglo American Platinum CEO Natasha Viljoen leaving to join Newmont Corporation
Anglo American Platinum’s CEO Natascha Viljoen is set to step down from her role after serving her notice period. Viljoen has served her 12-month notice period and she leaves Anglo to join Newmont Corporation. Her new company is regarded as one of the world’s largest mining companies and leaves her role after joining the company
DRD Gold lambasts ruling ANC for hampering plans to find solutions for load shedding
Mining company DRD Gold has lambasted some of the policies implemented by the ruling African National Congress. The gold miner says the ANC is hindering solutions to the ongoing electricity issues and DRD argues that the government is not allowing the private sector to quickly ramp up generation capacity. "It seems as though certain elements
<a>South African scientists win big as they were awarded at Taiwan international science fair </a>
Congratulations are in order for two young South African scientists who raised the country’s flag in Taiwan. The two brilliant minds were recently awarded after successfully showcasing their scientific genius at the 2023 Taiwan International Science Fair (TISF) early this month. Held at the National Taiwan Science Education Centre in Taipei, Jaco Jacobs and Dia
Telecoms giants Vodafone Group ups shareholding in JSE-listed Vodacom Group
Vodafone Group has upped its shareholding in JSE-listed Vodacom Group, after the recent acquisition of Vodafone Egypt. The Johannesburg-based Pan-African telecoms operator recently clinched a R43.6 billion deal back in November. The transaction was settled through the issuance of 241 976 243 new shares to Vodafone, and €577 million (equating to R10.8 billion) in cash.
Telkom to retrench 15% of staff, starts internal consultations
South African state-owned telecommunications company Telkom is set to retrench 15% of its workforce. As the third-biggest mobile operator, Telkom announced the news on Tuesday, saying it would begin workplace consultations on internal restructuring that is expected to affect 15% of its workforce. Media reports suggest that the Section 189(a) process will impact all business
Transnet Freight Rail resumes limited train services due to heavy floods
Government-owned Transnet Freight Rail has commenced limited train services, primarily on the North East Corridor branch lines in Witbank, Belfast, Lydenburg, and Steelpoort regions. The resumption follows a massive service disruption caused by floods during the past week. TFR said operations started in earnest on February 13 across the corridor branch line network, with Transnet
Minister in the Presidency Mondli Gungubele backs declaration of a state of disaster
Minister in the Presidency Mondli Gungubele has backed the move by Cyril Ramaphosa to declare a state of emergency last week. Gungubele says the declaration of the National State of Disaster on Energy will assist in the speedy resolution of energy supply challenges, whilst minimising its impact and contributing to the rebuilding process. Speaking during