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Metropolitan Savings Media Roundtable
To close off the women’s month in style, Metropolitan hosted a Round Table filled with powerful women as panelists, to discuss how to save and psychology in finances. We all know that savings has been one of the most challenging tasks for a regular South African, hosted by the renowned journalist, Ayanda Allie, Metropolitan brought
Lenovo first ever glasses-free 3D monitor
Lenovo has unveiled its first ever glasses-free 4K 3D monitor at Internationale Funkausstellung (IFA) 2023 in Berlin. It has been reported by Notebook Check that the main target is the content creators, and the Lenovo ThinkVision 27 3D uses switchable lenticular lenses in combination with real-time eye tracking to create a sense of depth and
Microsoft retiring WordPad
It has been revealed by reports that after 28 years, Microsoft is retiring its basic word processor WordPad. The announcement was spotted by Thurrott in the notes of the Deprecated features for Windows clients page on Microsoft Learn posted on the 1st of September 2023. The page stated: “WordPad is no longer being updated and
SARS tax revenue is falling short of 2023 projections
Reports have revealed that the South African Revenue Service’s (SARS) tax revenue is falling short of 2023 projections, and that could possibly cause the country to face a massive budget deficit at the end of the year. South Africa’s fiscal situation is increasingly concerning “as tax revenue undershoots and government spending exceeds earlier expectations”, and
Shoprite grows sales digits and ups dividend
Shoprite Holdings, the owner of Checkers, has seen a significant increase in sales over the 2023 financial year. The company has revealed it results for the year ended 2nd of July 2023 that showed great results for the retailer. Group merchandise sales increased by 16.9% to R215.0 billion, while local merchandise sales increased by 17.8%
PPC appoints Matias Cardarelli as new CEO
PPC, South Africa’s largest cement maker, has announced the appointment of Matias Cardarelli, who will be taking over as the company’s new CEO later this year. The company revealed that the appointment comes after extensive search for a suitable successor for Roland van Wijnen, whose contract expired on the 31st of August 2023 and was
Implats moves towards green metals for growth
The mining company, Impala Platinum (Implats) is planning to move toward metals key to the green energy transition as electrification threatens its core business in southern Africa. Nico Muller, who is the company’s CEO, appointed an analyst to help the Johannesburg-based company understand the base metals market. He said that the copper and nickel that
South African government to assist motoring industry transition to EVs
The South African government is set to give support to the motoring industry to help it transition to producing electric vehicles, deputy finance minister David Masondo said. It is said that the funding will be allocated in the 25 October midterm budget that will be delivered at a time when government revenue is under pressure
Paytm reveals a payments terminal
Paytm, the Indian fintech firm has revealed that it has launched a “soundbox” device that lets merchants accept both mobile and card payments across networks including Visa, Mastercard, American Express and homegrown RuPay. The ₹999 (US$12.08; R229) Card Soundbox also provides instant audio payment alerts to prevent fraud, and it comes as rival Pine Labs
Supply chain companies latch onto systems thinking as demand for engineering expertise grows
Bidvest International Logistics explains why holistic approach is gaining a foothold among South African logistics firms. Systems thinking is gaining traction among supply chain firms. This type of thinking embraces a holistic approach to analyse how a system’s constituent parts relate to and work with one another. In terms of logistics, it allows companies to
BLUETTI unveils solution to help South Africa tackle power outages
BLUETTI, a global leader in the clean energy storage industry has launched effective solutions to combat load shedding as countries grapple with energy crisis. Recently, South Africa has been grappling with the pressing issue of load shedding, and experts warn that this power crisis may persist until the end of next year. In seven months
South Africa's Emergency Power Projects Pave the Way for Reliable Energy Solutions
Following the signing of legal agreements with the government this week, two more emergency power projects in South Africa are on the verge of becoming operational. In 2021, these projects were identified as preferred bidders, a significant step forward in addressing the country's urgent power generation needs. Power purchase agreements with Eskom, South Africa's state-owned
South African Government Launches R1.2 Billion Agro-Energy Fund to Aid Farmers
The South African government has taken a significant step to alleviate the challenges faced by the agricultural industry as a result of frequent power outages by establishing the Agro-Energy Fund, an R1.2 billion financial initiative. With individual grants of up to R1.5 million, this fund aims to assist farmers across the country in adopting renewable
Former Old Mutual CEO Peter Moyo's R250 Million Lawsuit Denied
Former Old Mutual CEO Peter Moyo's ongoing legal battle against his former employer, in which he is seeking R250 million in damages, suffered another setback when the Constitutional Court denied his request for leave to appeal a previous ruling. Moyo's tumultuous relationship with Old Mutual began in mid-2019 when he was fired, resulting in a
California 6.1: Your Ultimate Travel Companion for Comfort and Adventure
The California 6.1 is the ultimate travel and leisure camper van, designed to make you feel right at home no matter where your journey takes you, whether you are parked in your driveway or exploring distant horizons. The California 6.1 is your ticket to breaking away from the ordinary in style, thanks to its powerful
Mercedes-Benz's Latest Vito and V-Class Vans: Elevating Luxury and Comfort
The first thing that comes to mind when you think of Mercedes-Benz is most likely their extensive line-up of luxury sedans and SUVs. Mercedes-Benz, on the other hand, has made a name for itself in the midsize van segment with their V-Class and Vito models, which offer a blend of luxury and practicality suitable for
Cybersecurity: A necessity for the sustainability of society
At first glance, cybersecurity and sustainability may seem like two separate topics. From a business perspective, there are considerable benefits to having a robust cybersecurity strategy in place, particularly when it comes to ensuring the sustainability and longevity of a company. But the links between cybersecurity and sustainability go much deeper. Cybersecurity is a necessary
Government’s emergency legislation may open the floodgates – here’s how to be compliant and thrive
South Africa’s pending legislation to smooth the way for private energy suppliers to help alleviate the country’s power crisis may well prove to be the game-changer so desperately required. The exemptions contained in the Exemption for Energy Users draft regulations include agreements relating to joint procurement of alternate energy supply for the national grid, sharing of backup
The IMF’s warnings about the impact of climate change on the fragile states in the continent come ahead of two major climate change
IMF: In an IMF blog posted yesterday, the Fund noted that climate change poses ‘grave threats to countries across Africa – but especially fragile and conflict-affected states’. The Fund noted that it is vital that Africa’s leaders come up with solutions to support these vulnerable countries. It added that from Central Africa Republic to Somalia and
Hammarsdale reopens after decades of dumping damage
The return to full production at the Rainbow Chicken plant in Hammarsdale, outside Durban, is a historic event. The plant was partly shuttered in 2017, due to rising levels of dumped chicken imports. The 2017 Hammarsdale closure highlighted the crisis in the South African poultry industry because of nearly two decades of chicken dumping. Import