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Foschini set to list on A2X
The Foschini Group (TFG) has made an announcement that the company’s ordinary shares will be listed on A2X Markets. The company told the shareholders that its ordinary shares have been approved to be included in the list of qualifying equity securities to be traded on A2X from 10 October 2023. The primary listing on the
HUAWEI WATCH GT 4 Showcases in Johannesburg
The HUAWEI Consumer Business Group has extended the future of fashion and technology integration with the exclusive showcase of the HUAWEI WATCH GT 4 in Johannesburg. The highly anticipated smartwatch which has generated immense consumer excitement in recent weeks, marking a significant continuation of the HUAWEI WATCH GT flagship Series. A true tech marvel, this
Visa rolls out $10- million funding for gen AI start-ups
Visa, the trusted leader in digital payments, has rolled out a US$100-million venture fund for generative artificial intelligence start-ups, joining a list of investors who have flocked to the sector this year. Other high-profile tech giants that have backed the AI space include Microsoft and Google, which is the now hype in technology circles this
Pick n Pay’s former CEO returns
Pick n Pay has made an announcement that the current group CEO, Pieter Boone is stepping down and Sean Summers who was Pick n Pay’s CEO between 1999 and 2006, will be taking over from him. Gareth Ackerman who is the chairman for the group, thanked Pieter for his dedication to Pick n Pay over
Air Senegal gets into an agreement with Royal Air Maroc
Air Senegal recently signed a memorandum of understanding for a strategic partnership with Royal Air Maroc, in an effort to consolidate cooperation between the two airlines. Part of the agreement includes a codeshare arrangement which will enable passengers to purchase tickets through the sales network of either of the carriers. The partnership is set to
Solar Powered Castrol Auto Service Launches in Northcliff with Plans for Nationwide Expansion
Lubricant manufacturer, Castrol, has taken a significant step towards a sustainable future by branding its first solar Castrol Auto Service, in partnership with a workshop owner in Northcliff. The alliance marks a significant milestone as Northcliff becomes the first in a series of Castrol Auto Service solar installations planned throughout South Africa. “Castrol provides strategic
Purchasing Managers’ Index (PMI) declined by 4.3 points in September to 45.4
Conditions in the SA manufacturing sector deteriorated at the end of the third quarter. This is according to the seasonally adjusted Absa Purchasing Managers’ Index (PMI), which declined by 4.3 points in September to 45.4. The soft reading for the headline PMI was driven by very weak demand and constrained production. In terms of the
(SPONSORED) EXPERTS WEIGH IN ON HOW TO BEAT THE FUEL PRICE HIKE
With petrol price increased again per litre, motorists will have to make the most of every tank of fuel. Ricardo Coetzee, Head of Auto & General Insurance explains that a car can burn between 30 to 40% more fuel if proper maintenance is not performed regularly so, if you want to save on fuel, and
(SPONSORED) Samsung Introduces New High-Performance Kiosk Built on Windows OS
Samsung Electronics has announced the global launch of the KMC-W, an updated Windows version of the Samsung Kiosk, winner of an ISE Best of Show award from AV Technology at Integrated Systems Europe 2023. The new version of the Kiosk features an interactive 24-inch display that brings expanded software compatibility to advanced self-service display technology for the food and beverage, retail, travel and healthcare industries. The convenience of contactless technology has become critical for bus
FSCA launches its new Trustee Training Toolkit e-learning platform
The Financial Sector Conduct Authority (FSCA) has launched the first eleven modules of the newly revamped Trustee Training Toolkit (TTK/toolkit) e-learning platform. The new toolkit is aimed at ensuring that retirement fund trustees are up-skilled with more comprehensive information that will enhance their knowledge and skills to better equip them in the exercise of their
How to be smart when going with PV
Solar panels have become a feature of the South African residential landscape over the past few years as homeowners seek a measure of energy self-sufficiency. Once you have made your home as energy efficient as possible with LED lights, a solar/gas/efficient geyser, gas cooker and energy-saving habits, the time is right to invest in a
(SPONSORED) SAVING MONEY IS A STRUGGLE AND LOAD SHEDDING MAKES IT WORSE
Savings? What savings? This question was echoed by over 50% of respondents in a recent Budget Insurance survey on load shedding’s effect on monthly savings. Those that did have some money to spare are spending it on takeaways, backup power solutions and replacing appliances damaged by power surges. “Increases in the cost of living already
Lenovo Delivers AI at the Edge, Bringing Next Generation Intelligence to Data
Lenovo announced its new first-to-market edge AI services and solutions designed to enable mass deployment of remote computing capabilities that will significantly accelerate AI readiness and empower new AI applications for any business. New Lenovo TruScale for Edge and AI brings the proven cost benefits of Lenovo TruScale’s Infrastructure as-a-Service model to the broadest and
Network International’s local payment platform delivers sterling results in just 6 months
Six months after Network International announced a R500 million investment in its locally hosted, integrated payment platform, the company confirms it has already achieved significant milestones. These include the successful deployment of its Network One technology stack with two blue-chip clients onboarded, a doubling of its local staff, and a digitised suite of Issuing and
VeeamON Resiliency Summit Showcases How Organizations Can Confront, Contain and Conquer Ransomware
Veeam® Software, the leader in Data Protection and Ransomware Recovery, today announced the VeeamON Resiliency Summit taking place online Tuesday, Oct. 24. More than 450,000 enterprises around the world rely on Veeam – the #1 provider worldwide in the Data Replication & Protection software market – to ensure cyber resilience and rapid recovery from ransomware and cyber-attacks. The Veeam Ransomware Trends Report
Momentum Health Solutions continues to work towards healthcare cover for more South Africans, for less
Momentum Health Solutions announced the benefit enhancements and contribution increases for Momentum Medical Scheme and Health4Me health insurance for 2024, with continued focus on finding sustainable ways to extend affordable healthcare cover to previously uncovered individuals. “The resilience of South Africans, widely renowned as it already is, continued to be tested throughout 2023. Acknowledging that
Salaries and private pensions outperform August 2022
Further boosting July’s growth, the average take-home pay tracked in the BankservAfrica Take-home Pay Index (BTPI) rose again in August 2023, surpassing the levels reflected last year. The latest data also reflects some good news for the local job market in Q3. “The average nominal pay for August reached R15 578, representing a 5.8% increase on
Best practice tips for strengthening your data privacy system
South Africa has become a fertile hunting ground for international cybercriminals. Research by security company Kaspersky indicates that more than half of South African companies were targeted in the past year while spyware attacks increased by 18.8% between the last quarter of 2022 and first quarter of 2023. In respect of the latter, it is
(SPONSORED) HOW TO INSURE YOUR ALTERNATIVE POWER SOURCE AND AVOID BECOMING A VICTIM OF LOADSHEDDING RELATED CRIME
The prolonged electricity crisis and mumblings of stage 8 loadshedding has forced many South Africans to take charge. There’s been a boom in small-scale solar installations, and the sale of generators, inverters, and modular uninterruptible power supply (UPS) devices have skyrocketed. “Before you wave goodbye to constant power interruptions, there are a few insurance considerations to take
Discover Why Yoco, iKhokha and Flash Business Reign Supreme for SMBs
Your small to medium business is thriving however there's always room for improvement when it comes to streamlining operations and reducing the burden on your team. Fortunately, in today's digital age, a range of innovative tools and services have emerged to help businesses like yours achieve just that. You may have seen and heard of