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TOTAL ENERGIES OIL PROJECT ‘A DISASTER’ FOR UGANDANS, SAYS HUMAN RIGHTS WATCH
Human Rights Watch (HRW) has called for the suspension of a major oil project in East Africa led by TotalEnergies, a French multinational corporation. The project, known as the East Africa Crude Oil Pipeline (EACOP), involves the development of Ugandan oilfields and the transportation of crude oil through a pipeline to Tanzania's Indian Ocean port
Building your financial resilience
Many South Africans are finding their pockets under pressure due to rising inflation and interest rates, which in turn impact on the cost of living. In tough times like these, financial resilience can help families navigate the challenges they face. But what does financial resilience mean, and how can you improve yours? Experts define financial
TECH FIRMS HOPE SWEATY WORKOUTS CAN SELL WOMEN ON VR HEADSETS
The article discusses the changing demographics of virtual reality (VR) users and how fitness apps are playing a significant role in attracting a more diverse audience. Initially, VR was popular among young male gamers, but recently, there has been a shift as more women over the age of 35 are becoming the average customers of
RESCUING OURSELVES FROM THE TOUGH ECONOMIC ROAD AHEAD
In order to survive and thrive in this challenging economic climate, businesses in South Africa need to prioritize resilience and adaptability. They should be prepared to quickly adjust their strategies, cut costs where necessary, and explore new sources of revenue. One of the key challenges businesses face is the power rationing and outages, which have
BELL EQUIPMENT PERMANENTLY EMPLOYS 100 FORMER TEMPORARY STAFF
On Friday, the National Union of Metalworkers of South Africa (Numsa) announced that it had reached an agreement with Bell Equipment. The agreement states that Bell Equipment will employ 100 individuals on a permanent basis who had been working under labour brokers for the past decade. Earlier in the week, Numsa had threatened to go
AMERICAN LAWMAKERS CONSIDER CHANGES TO TIKTOK CRACKDOWN BILL
US lawmakers are currently discussing potential changes to a bill that would grant the Biden administration enhanced powers to ban TikTok, a Chinese-owned app. Senator Mark Warner, chair of the Senate Intelligence Committee and co-sponsor of the legislation, acknowledged that TikTok's aggressive lobbying efforts have slowed down the bill's progress. Lawmakers are now considering a
HOW YOU CAN REVIVE THE SPARK IN YOUR JOB
It seems like you're feeling a lack of excitement and focus in your work, and you're looking for ways to revitalize your career and find inspiration. Here are some suggestions to help you regain joy and motivation in your current role: Identify what sparks joy: Reflect on the aspects of your work that bring you
REIT RETURNS MOSTLY NEGATIVE IN THE FIRST QUARTER OF 2023
According to the first issue of the Rode's Report on the South African Property Market for 2023, the two best performing Real Estate Investment Trusts (REITs) in the first two months of the year were Attacq and Emira. However, the overall performance of listed property was poor, with the SA REIT Index showing a negative
POSITIVE OUTLOOK FOR LIVESTOCK INDUSTRY FOR 2023/2024 SUMMER SEASON – AGBIZ
According to Wandile Sihlobo, the chief economist of the Agricultural Business Chamber (Agbiz), if South Africa is not severely affected by El Niño, the country's domestic harvest will benefit from potentially lower global grain and soybean prices during the upcoming 2023/24 summer season. This is good news for the livestock and poultry industries, which have
Government delegation to travel to US to try to save trade deal
A delegation in government is set to embark on a charm offensive in the US this week in a bid to defuse tensions with South Africa’s second largest trading partner over foreign policy and retain its preferential access to American markets. Enoch Godongwana, the finance minister is one of the people planning meet with US
WhatsApp Communities add a phone number privacy feature
WhatsApp has added an extra layer of privacy for community members on the platform. Named “phone number privacy”, the feature gives a guarantee that your phone number is hidden from other members. As much as the participants’ list used to be hidden in the community announcement group, attempting to interact through message reactions was still
Vumatel and Huawei launch 50Gbps fibre in South Africa
The two tech companies, Vumatel and Huawei have partnered up to integrate 50-gigabit passive optical network (50G PON) capabilities into the fibre operator’s infrastructure. Considering that this is significantly higher than the existing 2.5Gbps capabilities Vuma currently has, Huawei stated that following its testing phase, the deployment of this first-to-market technology is set to make
Amazon Marketplace is hiring in South Africa
Amazon has made a commitment to its plans to launch a South African marketplace, and the company is currently advertising 30 full-time positions in the country, a fair portion of which are marketplace-related. The online retail company is currently for the hunt for a marketplace manager, B-BBEE programme manager, marketing head, ER and HR compliance
Apple launches an emergency update for this year’s tenth zero-day
Apple is launching a new set of Rapid Security Response (RSR) updates to address its tenth zero-day vulnerability in 2023. Reports say that the new zero-day has been exploited in attacks and impacted entirely up-to-date iPhones, Macs, and iPads. Found by Apple’s WebKit browser engine, the exploitation allowed attackers to gain arbitrary code execution on
Sasol in trouble for overpricing natural gas
Sasol Gas is under prosecution by the Competition Commission for marking up natural piped gas prices by as much as 72%. Referring to a complaint against the company on Monday the 10th of July 2023, the Competition Commission has revealed that Sasol has charged excessive prices on natural gas for almost a decade. This is
BRACE FOR ANOTHER INTEREST RATE HIKE THIS MONTH
In South Africa, consumers burdened with debt are expected to face more difficulties as borrowing costs are likely to rise in the coming months due to persistent consumer inflation. This is influenced by the recent signal from the US Federal Reserve to increase interest rates in order to combat high inflation in the US economy.
Trend Named a Leader in Network Analysis and Visibility
Trend Micro Incorporated(TYO: 4704; TSE: 4704), a global cybersecurity leader, announced that it has been named a leader in network analysis and visibility (NAV) solutions in a new Forrester evaluation of 13 top solution providers, including Trend Micro. The report analysed three core products in the evaluation of Trend Micro’s offerings. Emmanuel Tzingakis, Technical Lead: Sub-Saharan
FNB CUSTOMERS USING ‘BANK YOUR CHANGE’ FEATURE ON APP SAVED OVER R6.6 BILLION IN 4 YEARS
One of South Africa's largest banks, FNB, has announced that its customers have saved a remarkable R6.6 billion over the past four years using the Bank Your Change® feature. This feature is available through the FNB app and allows customers to automatically save small amounts from their transactional account into a linked savings account. The
BATTLE OF THE GYMS AS VIRGIN ACTIVE FACES COMPETITION AUTHORITY COMPLAINT
This news article discusses a complaint filed by a small gym owner in South Africa, Body Action Gym, against Discovery Vitality, Virgin Active, and Planet Fitness. The complaint alleges anti-competitive behaviour and claims that Discovery Vitality subsidizes up to 75% of their members' gym membership fees when they join Virgin Active or Planet Fitness, while
JULY DIESEL PRICE HIKE RINGS ALARM BELLS FOR EMBATTLED CONSUMERS AND BUSINESSES
The cost of diesel is going up by 18 cents per Liter in July. This will have negative consequences for consumers in the coming weeks. Logistics companies and retailers will have to spend more money on running generators during power outages, and they will pass on these costs to their customers. While there is a