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Pick n Pay is opening new up-market stores to go after Woolies
Retailer Pick n Pay has published its financial results for the six months ended 29 August 2021, with the group reporting solid results after a period impacted by the Covid-19 pandemic and social unrest. Group comparable earnings per share increased 90.9% year-on-year, while sales growth increased by 4.1% over the same period to R46 billion.
IMF sends growth warning to South Africa
The International Monetary Fund (IMF) expects South Africa’s economy to grow by 5% in 2021, reflecting a better-than-expected growth in the year’s first half. In its latest regional outlook for the Sub-Sahara region published on Thursday (21 October), the group warned that this growth could slow significantly in 2022 due to ongoing local issues. “The
PayPal is exploring a purchase of Pinterest
PayPal has made an offer to buy digital pinboard site Pinterest for US$45-billion, people familiar with the matter said on Wednesday, a combination that could herald more tie-ups between fintech and social media companies in e-ecommerce. The per share price would represent a 26% premium to Pinterest’s closing price of $55.58 on Tuesday. PayPal plans
Razer launches first internal PC hardware
PC gaming peripheral brand Razer has launched its first internal desktop components, including case fans, all-in-one liquid coolers, and platinum-rated power supplies. All of the hardware comes with RGB lighting, a staple of Razer’s gaming gear. The biggest piece is the Razer Hanbo AIO liquid cooler, which the company said boasts an optimised intake design
Donald Trump launches new social platform called “Truth Social”
Donald Trump has announced a SPAC attack. The former president is planning a new media and technology empire that will be publicly traded after a merger with a firm called Digital World Acquisition Corp., according to a Wednesday press release from the Trump Media and Technology Group. The move comes after Trump was kicked off
Android apps start arriving on Windows 11
Microsoft has started rolling out integrated Android app support to Windows 11 Insiders. The feature was one of the major additions announced during the initial unveiling of the operating system in June 2021. However, it was not ready when Windows 11 began rolling out to PCs on 5 October 2021. A handful of Android apps are now
Telkom reduces data prices
Telkom has quietly reduced the prices of its 24-month SmartBroadband Wireless contracts by between 30% and 43%. The company has also introduced changes to its product portfolio, such as increasing the data allocation of its 80GB service to 90GB while simultaneously decreasing the price. It similarly increased its 120GB service to 130GB and cut the
Bybit Wins the Most Transparent Exchange at Crypto Expo Dubai 2021
DUBAI, UAE, 21 October 2021 -/African Media Agency(AMA)/- Bybit, one of the world’s fastest growing cryptocurrency exchanges, has clinched the “Most Transparent Exchange” award at Crypto Expo Dubai (CED) Awards 2021. The award recognized Bybit for its track record of stellar performance, user feedback, scale and financials. “We are honored to receive this distinction, and will work
SAA management salaries breakdown
South African Airways (SAA) has dismissed allegations that it has a bloated management team that costs R300 million per year. National Union of Metalworkers (Numsa) national spokesperson Phakamile Hlubi-Majola recently said the new SAA has 250 managers managing 750 staff at the cost of R300 million. Hlubi-Majola added that ordinary workers had to take a
Cyril Ramaphosa Education Trust alumni crowdfund to support at least 6 first year students
The Cyril Ramaphosa Education Trust’s (CRET) alumni are giving back and paying it forward with an initiative of their own, supporting deserving students just like they were once supported. Now in established careers as a result of the bursary and development support they received from CRET, the alumni have established their own CRET Alumni Fund.
Brave browser replaces Google with its own search engine
Brave, the privacy-focused browser that blocks third-party ads and trackers by default, is switching to using its own search engine by default, the company has announced. The change will be applied for new users, and will affect which search engine is used via the browser’s address bar. Brave Search will replace Google in the United
Apple is ready to admit it was wrong about the future of laptops
There’s plenty to be excited about when it comes to Apple’s new 14- and 16-inch MacBook Pros. As well as souped-up Pro and Max versions of the already capable M1 chip that Apple debuted last year, they also include numerous quality of life improvements like the return of MagSafe, a row of function keys rather
The highly anticipated Pixel 6 has been launched
Google has launched its newest smartphones, the Pixel 6 and Pixel 6 Pro, during its live-streamed event on Tuesday, 19 October. Describing it as “the most Google phone ever”, the company says the latest Pixel devices offer improved performance, better battery life, new camera capabilities, and the best security hardware available in a smartphone. Pixel 6 Pro
Tesla to rescue Eskom
Power utility Eskom could buy at least 1,000 Tesla Megapacks for the same amount it plans to spend on an extensive new battery storage capacity. Eskom CEO André de Ruyter recently revealed the utility would invest R14 billion in battery storage to complement its existing pump storage capacity. The procurement will be funded through the
Facebook is changing its name — According to reports
Facebook Inc., facing intense scrutiny over its business practices, is planning to rebrand the company with a new name that focuses on the metaverse, according to The Verge. Chief Executive Officer Mark Zuckerberg is expected to discuss the name change at the company’s Connect conference on Oct. 28, the website reported on Tuesday. The original
NASA’s newly launched Lucy spacecraft is having issues with one of its solar panels
A robotic spacecraft that NASA just launched to explore clusters of asteroids around Jupiter may be in some slight trouble on its journey through space. The space probe, named Lucy, is having issues with one of its two main solar panels, which are critical for gathering rays from the Sun and generating power for the spacecraft on its
Bank Zero opens fully and unveils 2022 pricing
Bank Zero said it is now fully open for business, and the Bank Zero App is freely available in the App Store and in the Google Play Store. Until today, Bank Zero operated on a waiting list to monitor its digital customer support processes, but the waiting list filter has now been removed. “Our launch
Mall of Thembisa named the 'Best Retail Development in Africa'
One of South Africa's biggest townships, Tembisa, has just proven to the world that anything is possible in Africa. The Mall of Thembisa has been named the 'Best Retail Development' and awarded a 5-star nomination by the judging panel of the International Property Awards. The double level mall, boasting the largest Shisanyama in South Africa
How ERP brings tangible return-on-investment to the manufacturing and distribution CEO
As the world continues to shift, manufacturers and distributors have had to contend with new complexities of doing business. Driven by emerging customer preferences and immediate supplier needs, the industry has had to adapt quickly in order to thrive. Customers have become increasingly drawn to eCommerce platforms as global lockdowns opened up the opportunity for
South African advertising industry faces Human Rights Commission inquiry
The South African Human Rights Commission (SAHRC) has announced that it expects to convene an inquiry into allegations of racial discrimination within the advertising industry next year. The inquiry is expected to sit during the last week of February 2022. According to the SAHRC, the inquiry comes on the back of the fighting and publication