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Bold New Mitsubishi Triton Bakkie Revealed!
The all-new Mitsubishi Triton, is a bakkie with a muscular body and increased power over its predecessor. Let us take a closer look at the striking design and impressive features of this latest-generation bakkie, which aims to compete with formidable rivals like the Toyota Hilux, Ford Ranger, and Isuzu D-Max. The long-awaited reveal took place
Struggles Persist as Post Office Continues to Fail its Workers and Customers
The appointment of business rescue practitioners for the South African Post Office, a State-Owned Enterprise (SOE), has been officially ratified. Despite this intervention, workers and customers continue to face significant challenges as the organisation deals with ongoing issues exacerbated by the Covid-19 pandemic. One postal worker, speaking anonymously to GroundUp, expressed the workforce's frustrations, stating,
Purchasing Managers’ Index (PMI) declined by 0.3 index points to 47.3 in July
After what looks to have been a decent second quarter, at least in terms of quarterly growth momentum, the manufacturing sector had a setback at the start of the third quarter. This is the message from the latest seasonally adjusted Absa Purchasing Managers’ Index (PMI). Although the headline index was only marginally lower in July at 47.3
Telkom Reports Performances Growth Despite Load-Shedding Hits
Telecommunications company Telkom reported growth in performance for its quarter to end-June results. The South African third mobile operator revenues went up by more than 3% on Monday morning, however, the company is still feeling pressure from load shedding, constrained consumers, and its legacy systems. Telkom said its performance is driven by a strong performance
Eskom’s generation fleet continues to show sustained improvement, Says Ramaphosa
South African President Cyril Ramaphosa said, in the past two months the unplanned power outages at Eskom’s generating fleet fell to less than 16GW compared to the previous 18GW. “Eskom’s generation fleet continues to show sustained improvement. Unplanned losses have been reduced to less than 16,000MW in the past two months, down from more than
MTN To Keep Soweto Traffic Lights On
MTN will supply Soweto with backup power for traffic lights close to its base stations to help reduce congestion during load shedding. The telecommunications giant has partnered with the Johannesburg Road Agency (JRA) via a service-level agreement that will use the mobile operator using backup power from its base stations. “To ensure efficient traffic flow
South Africa Hit Google With Penalties
The Competition Commission has found that Google’s dominant the internet search in South Africa “distorts platform competition” in favour of large market players, and has recommended several solutions. According to findings stipulated in the commission’s final reports from more than two-year investigation into online platforms in South Africa. The commission published the report Monday after
McKinsey: Women Workers to Be More Affected By AI Wave Than Men
Women will be more affected by the upcoming wave of automation and artificial intelligence that could replace almost a third of hours worked across the US economy than men. It is reported by the research arm of consultants McKinsey & Co that examines US labour market trends through to the end of 2030, that women
FNB launches zero-rated Secure Call on its app to boost customer safety
In a pioneering move aimed at further bolstering the security of customer interactions, FNB has introduced Secure Call on the FNB App to allow its customers to make safer voice calls to its customer service areas. This is in addition to its existing Secure Chat feature, which was introduced a few years ago and allows
(Sponsored) Choosing the Right Battery for Your Solar System
Solar power is on trend as a free and sustainable energy source. You may have already installed a solar system on your roof and are benefiting from it. But merely a solar system isn't a sure card. What if there's a long power outage occurring just on rainy days? Invest in a battery, all is
Nasa set to launch a streaming service
The National Aeronautics and Space Administration (Nasa), has revealed that it has plans in place for launching a streaming service later this year, called Nasa+. The platform will offer ad-free and no-cost streaming service, and it will be broadcasting live coverage of future launches, documentaries, and a new exclusive original series. Marc Etkind who is
Private security company in a battle to keep prison contract after Thabo Bester escape
The maximum security prison from which Thabo Bester escaped, Mangaung Correctional Centre, is owned by BCC, and the multinational security company G4S owns 20% of BCC while also being the main subcontractor in charge of operating the prison. G4S has been running the prison since 2001. Initially, the contract between DCS and BCC was supposed
Post Office stands a chance at a rescue
Business Rescue Practitioners for the South African Post Office (Sapo) think there is a reasonable chance that the state-owned entity can be rescued. According to a press release from the Post Office’s joint Business Rescue Practitioners Anoosh Rooplal and Juanito Damons, this was one of the outcomes of the first meeting of creditors. The said:
BBC’s Elias Monage rejects Transnet board appointment
Elias Monage, who is the president of both Steel and Engineering Industries Federation of Southern Africa (Seifsa) and the Black Business Council (BBC) has rejected to accept an appointment to serve as board member at Transnet. After attending the Russia Africa Summit conference of Brics which ended on Friday, he revealed to Sunday World that
Sam Altman’s Worldcoin token sky rockets on day one of trading
Co-founded by by OpenAI Chief Executive Officer Sam Altman, the token of the crypto project Worldcoin, took off and sky rocketed on its first day of trading on Monday as investors piled into the hype around artificial intelligence. Data compiled by CoinMarketCap data revealed that Worldcoin hiked as high as $3.58 from the initial price
Ackerman family loses $22-million in a space of two weeks
One of South Africa’s wealthiest families, the Ackerman family, has unfortunately suffered a huge blow on their fortune, when they experienced a substantial decline of nearly $22 million in a space of just two weeks. The setback is taking place due to the sustained decrease in the market value of their stakes in the prominent
Visa Gives South African Women-Owned Small Business a Grant at the FIFA Women’s World Cup
Following the group stages match against Argentina, Native Nosi from South Africa received a $5,000 grant from Visa. Throughout the FIFA Women’s World Cup™, Visa is delivering a win for women on and off the pitch. The grants are provided to help women business owners thrive with critical capital to grow and sustain their businesses. First-ever extension
Telkom Says It Still Needs Regulatory Support
Telkom CEO Serame Taukobong said in the group’s integrated annual report for 2023, the operator believes that it should continue to qualify for asymmetric mobile termination rates (MTRs). This will allow the telecommunication company to charge operators more and pay them less to carry calls between their networks. For instance, if a Telkom customer were
Sasol Submit Gas Price Applications
New Sasol Gas’s Amendment Maximum Gas Price (MGP) Application for the period 1 July 2022 to 30 June 2023 (FY2023) has been published by The National Energy Regulator of South Africa (Nersa) and published in Consultation Document. Nersa also published Sasol Gas’s MGP application for the period 1 July 2023 to 30 June 2024 (FY2024)
FNB customers embrace PayShap for low-value payments
31 July 2023 – FNB has revealed that its customers continue to embrace PayShap for low-value payments. It says 62% of all PayShap payments made by FNB customers are under R500, and of these, 27% are below R100, making them completely free for its customers. PayShap is a new, modernised real-time payment solution that facilitates digital