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Telkom sets the record straight regarding power
Telkom, a leading South African telecommunications company, is issuing this statement in response to ongoing media reports regarding alleged power supply issues with the City of Joburg’s City Power. Recent media reports have suggested that Telkom, along with several business and residential customers, is facing disruptions to its power supply due to unpaid electricity bills.
South Africa's Transport & Logistics: Bridging Africa With Enhanced Cross-Border Payments
South Africa is strategically positioned as a primary conduit for trade across Africa. Its robust transport and logistics sector has historically served as the linchpin for intra-African trade and as a bridge to international markets. As indicated by Mordor Intelligence, the market value of South Africa’s Freight and Logistics is projected to grow from USD
MTN launches Fibre
The telecommunications company, MTN has launched a new fibre ISP, MTN Fibre, which offers broadband services from R349 per month, including router and installation. Available in certain areas, MTN is offering a promotion giving new customers up to R150 per month discount for the first three months. The Residential MTN SA GM, Bertus van der
Websites now able to embed content on Snapchat
The social media platform, Snapchat has been only operating by people consuming content on its own app, but now it is allowing websites to embed public content including Lenses, Spotlight videos, Public Stories, and Public Profiles. Users who are looking to embed a Story, video, or a Lens, can open up the content on a
BMW partners up with Anglo American Platinum and Sasol to develop South Africa’s fuel-cell car ecosystem
BMW has gotten into a partnership with Anglo American Platinum and Sasol in order to to develop infrastructure that will encourage the production and use of hydrogen-powered vehicles in South Africa. The is for BMW to provide its fuel-cell iX5 sport utility vehicle, while Sasol will be supplying green hydrogen. According to a statement, the
Baidu Inc. says AI tool is just as good as ChatGPT
Robin Li, the founder of Baidu Inc., has revealed that the company’s large language model has finally caught up with OpenAI’s advanced GPT-4, claiming the lead in his country’s race to develop AI that can rival the US. Taking to the stage this week in Beijing, the billionaire told a packed house at a converted
VALR and Visa Partner to Issue Cards in South Africa and Beyond
VALR, the largest South African crypto exchange by trading volume, and Visa, the world's largest card network, have announced a strategic partnership for the issuance of Visa cards and delivery of other digital payment solutions. Visa and VALR will collaborate on payment solutions that bring together the crypto expertise of VALR and the deep payments capabilities
Kusile power station coming back online after catastrophic collapse
Eskom has announced that it has returned Kusile power station’s unit 1 to service, and it is on load. Eskom stated by saying: “The unit is returned to service a month and a half ahead of the original schedule and brings an additional 800MW into the grid. This is after Kusile Unit 3 was returned
LinkedIn lays off employees
LinkedIn has revealed that it will be laying off employees across its engineering, talent and finance teams in the second round of job cuts this year for the social media network for professionals as demand for hiring services slows. The cuts will be affecting more than 3% of the 20 000-strong staff, and they will
The shifting marketing playbook of digital platforms, from popularity to expertise
Once upon a time, the world of digital platforms and marketing was all about influence and reach. But in recent years, the marketing sector has made a conscious effort to return to its roots, the focus of which is stirring emotions in consumers through creativity and entertainment – rather than followers and influence. The phenomenal
(SPONSORED) Pet Insurance for Dogs: Best Dog Breeds for South Africa
Thinking about adding the pitter-patter of tiny feet to your home? If you’re considering adopting a dog, the first decision you’ll make is what breed to get. It’s a highly individual choice that will depend on the home you live in, whether or not you have kids or other pets and your overall lifestyle. You
Absa L'Atelier 2023 Awards – A Timeless Celebration of African Artistry and Legacy
The much-anticipated Absa L'Atelier Awards 2023 took place on Thursday evening ,12 October at The Galleria, in Sandton, Johannesburg. The event was a successful celebration of African artistic excellence, showcasing the works of talented individuals who have left an indelible mark on the creative landscape. The Absa L'Atelier Awards reflect a commitment to fostering artistic
Visa Signs with CAF as the Official Payment Partner for AFCON tournaments until 2026
Visa, today announced the renewal of its partnership with the Confederation of African Football (CAF) until 2026, which establishes Visa as the exclusive digital payment provider for the upcoming 2024 Africa Cup of Nations (AFCON) tournament in Cote d’ Ivoire. The partnership will then span two tournaments – including the Women’s Africa Cup of Nations
Macroeconomic environment and increasing debt levels outweigh improved GDP growth in Q2 – Experian Report
The Experian Business Debt Index (BDI), which reflects the overall health of businesses in the economy, declined in Q2 to 0.445 from a slightly upwardly revised 0.740 in Q1. This decline was less than anticipated considering the better than forecasted outcome for Q2 GDP growth in both South Africa and the US. “Domestically, the improvement
Xiaomi in talks with Chery and other carmakers to build electric vehicles
Xiaomi Corp. has been talking to the automakers about potential production partnerships, and reports say that it waits for Beijing to approve a license that would give it the right to manufacture electric cars itself. The Chinese designer and manufacturer of consumer electronics has ambitions of becoming a producer of its own brand of electric
Uber Eats now allows one order from multiple restaurants
Uber Eats is now started allowing users to bundle items from two restaurants, takeaway outlets, liquor shops, or convenience stores in one order. The new feature supports adding items from two merchants of any kind located close to each other. Before the changes, Uber only allowed for bundling items from different convenience stores. In terms
African Bank acquires Sasfin Bank’s commercial divisions
African Bank is in the process of acquiring Sasfin Bank’s Commercial Equipment Finance (CEF) and Commercial Property Finance (CPF) businesses. Reports have confirmed that African Bank said the acquisition aligns with its Excellerate25 objectives, aiming to offer a more compelling listing proposition to the investor market. The head of African Bank business banking, Zweli Manyathi,
Microsoft served with $29-billion tax bill
The technology company, Microsoft has revealed that in September it was notified that it is seeking an additional tax payment of US$28.9-billion, plus penalties and interest for tax years from 2004 to 2013 by the US Internal Revenue Service (IRS). The company said the IRS notices relate to an ongoing dispute between the company and
(SPONSORED) Road Tripping – Rent a Car or Drive My Own?
By now, we should all know the rules and protocols to keep safe from the coronavirus – and ‘staying home’ is one of them. But let’s be realistic – life must and does go on, and staying home has some dire limitations. There comes a time when you have to get on the road for
JSE introduces market for carbon credits
Operating Africa’s biggest stock and bond exchanges, the JSE is now introducing the continent’s nascent carbon market. The company, based in Johannesburg, revealed that it has opened a market for carbon credits and renewable energy certificates with Xpansiv, meant to provide infrastructure to trade what it terms environmental commodities. In an interview, the JSE’s director