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  • TechnologyGreg Stewart21 Jun 2023

    Cell C successfully completes Network Migration

    Cell C has revealed that it has successfully completed its network migration ahead of schedule, and it is now working with access to circa 14 000 towers countrywide, with more than 12 000 sites 4G/LTE enabled. The telecommunications company reiterated how much of a win this is for its customers as they will be benefitting

  • Trade & IndustryGreg Stewart21 Jun 2023

    ​Technology On the 2024 model Range Rover Evoque revealed

    The technology on the Range Rover Evoque 2024 model year has finally been unveiled, and the car now available to order from the price of R1.25 million. The interior of the latest Range Rover has a design philosophy that is amplified with a new 11.4-inch curved glass touchscreen, which seems to be floating within the

  • EntrepreneurshipGreg Stewart21 Jun 2023

    Three SA Start-ups selected for Google’s $4 Million Black Founders Fund

    Well known as GfS, Google for Startups has chosen three South African start-up companies to be part of its $4 million (R73.6 million) Black Founders Fund for innovators in the continent. Aiming to fight the systemic racial inequality in venture capital (VC) funding by providing equity-free grants and guidance to early stage Black-led high-growth businesses

  • TechnologyGreg Stewart21 Jun 2023

    Old Mutual shifts IT infrastructure to AWS Cloud Platform

    Pan-African financial services group Old Mutual has shifted its IT infrastructure to the AWS cloud and closed its on-premises data centre facilities, becoming one of the first South African companies of its size to do so. This move to Amazon Web Services is expected to allow Old Mutual to “accelerate innovation, reduce IT infrastructure costs

  • TechnologyGreg Stewart21 Jun 2023

    Vodacom has launched eSim support for smartphones

    Vodacom SA has officially come up with an offer for all customers with supported devices which will give them the ability to use embedded Sims (eSims), which expands the support for a technology that obviates the need for physical Sim cards. The company has revealed that it will now offer eSim support for smartphones across

  • News & OpinionGreg Stewart21 Jun 2023

    Canal+  purchases a stake in Viu for $300-million

    The French broadcaster owned by billionaire Vincent Bollore’s Vivendi, Canal+ has decided to buy a significant minority stake in Hong Kong-listed PCCW’s Viu unit as part of a partnership agreement between the two media groups. According to a statement on Wednesday, the European firm paid $200-million for a 26.1% stake in Viu, which is an

  • News & OpinionGreg Stewart21 Jun 2023

    MultiChoice set to launch Showmax 2.0 this year

    The MultiChoice Group is set to launch a significantly overhauled and upgraded version of its streaming platform, Showmax, before the end of the year. The CEO, Calvo Mawela revealed that the “version 2” of Showmax will include strategic and technical input from new partner and co-investor NBCUniversal. The company had made an announcement in March

  • News & OpinionGreg Stewart21 Jun 2023

    Spotify to add a new premium tier with high-fidelity audio

    Spotify Technology has revealed that it has plans in place for a more expensive subscription tier that is set expected to include high-fidelity audio in an effort to drive more revenue and placate investors who’ve been saying the company should raise its prices. According to the sources familiar with the strategy, the new tier called

  • News & OpinionStaff Writer20 Jun 2023

    Naledi Pandor speaking on support breaches of war in Russia-Ukraine

    Cape Town – Minister of International Relations and Cooperation, Naledi Pandor, has offered a defence of South Africa's decision to invite Russian President Vladimir Putin to the BRICS summit, despite his warrant for arrest issued by the International Criminal Court (ICC). Her response came in light of a query from ANC MP Desmond Lawrence Moela,

  • Funding & FinanceStaff Writer20 Jun 2023

    Lottery Boss Pledges Extensive Reforms

    The National Lotteries Commission (NLC) board has approved a reparation process that will include apologies and financial compensation for former employees who were victimised or fired for exposing corruption. This is a significant step towards addressing past wrongdoings and ensuring transparency. The NLC's reparation model is inspired by the South African Revenue Services (SARS), which

  • Funding & FinanceStaff Writer20 Jun 2023

    Standard Bank's Bad Debt Charges Surge by Nearly 50% Amid Economic Challenges

    Standard Bank, South Africa's largest lender by assets, has reported a nearly 50% increase in credit impairment charges in the first five months of this year compared to the same period in 2022. The bank attributes this increase to the increasing pressure on consumers as a result of the country's deteriorating economy, sticky inflation, and

  • News & OpinionStaff Writer20 Jun 2023

    Scramble for Gas Supply in Western Cape Amid Corporate Dispute

    After Vita Gas, a subsidiary of Dutch commodity trading giant Vitol, terminated its contractual arrangement with Sunrise Energy, the import terminal facility in the Western Cape region is scrambling to secure a supply of liquefied petroleum gas (LPG). Vita Gas, which imports LPG through Saldanha and has Vitol as a shareholder, stated that it had

  • Funding & FinanceStaff Writer20 Jun 2023

    Afrimat's Acquisition of Lafarge South Africa Boosts Market

    Afrimat, a publicly traded open-pit mining company, has made a significant market move by acquiring Lafarge South Africa (LSA), a cement and construction materials company. Afrimat will purchase a 100% stake in LSA from Holicim Group for $6 million (roughly R109 million). The news of the acquisition sent Afrimat's stock up more than 12% during

  • TechnologyStaff Writer20 Jun 2023

    Cybercrime: A Toyota Dealership's Battle Against Fraudulent Electronic Payments

    The dangers of cybercrime and computer hacking were highlighted in a recent case before the Supreme Court of Appeal. Mosselbaai Boeredienste (Pty), trading as Mosselbaai Toyota, and OKB Motors CC, trading as Bultfontein Toyota, were involved in the dispute. The problem at hand involved the fraudulent diversion of electronic payment for a Toyota Etios. This

  • Trade & IndustryGreg Stewart20 Jun 2023

    Smart meters have a possibility of ending load shedding

    The South African electricity public utility, Eskom has come up with plans to combat load shedding in a sustainable way. The company announced that it is set to install smart meters in homes nationwide as it grapples with ways to reduce energy demand. The idea behind the smart meters is to allow for remote monitoring

  • Trade & IndustryGreg Stewart20 Jun 2023

    Suzuki plans to build ‘flying cars’ with SkyDrive

    The Japanese car manufacturer, Suzuki Motor Corporation, together with SkyDrive Inc. which is a Japanese manufacturer for ‘flying cars’, has revealed that it has come to an agreement to build eVTOL aircraft “SKYDRIVE.” The aircraft is a three-seat, electric-powered lightweight aircraft with vertical take-off and landing capabilities, and it is set to be built at

  • TechnologyGreg Stewart20 Jun 2023

    Meng Wei of ZTE now chairman of governing board of Linux Foundation AI and Data

    ZTE Corporation, the company that positions itself as a global leading provider of ICT solutions, recently announced that Meng Wei, who is currently the Director of Standards and Open Source Strategy of ZTE, was elected as the new Chairman of the Governing Board of the Linux Foundation Artificial Intelligence and Data (LF AI & Data).

  • TechnologyGreg Stewart20 Jun 2023

    Telkom searching for a ‘strategic investor’ for BCX

    Telkom Group is currently searching for a “strategic equity partner” to invest in its BCX IT services unit, as that will help it unlock cash-flow to scale the business. CEO of the Telkom group, Serame Taukobong told ITWeb that the company is continuing with its “value unlock strategy”, where it is looking for partners to

  • TechnologyGreg Stewart20 Jun 2023

    France agrees to assist South Africa fight cybercrime

    South Africa and France have come to an agreement for a cooperation protocol to improve the Special Investigating Unit’s cyber forensic capabilities. This agreement is meant to help yield the establishment of an anti-corruption academy in Tshwane, which is set to serve the SIU as well as other law enforcement agencies and anti-corruption agencies within

  • News & OpinionGreg Stewart19 Jun 2023

    Google earned over $10 million from ads for fake abortion clinics

    Google has earned more than $10 million over the last two years from advertisements misdirecting users who were seeking abortion services to “pregnancy crisis centres” that do not actually provide care, according to a new study. The study revealed through enterprise analytics tool Semrush that a new report from the Centre for Countering Digital Hate