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Gold miner Sibanye Stillwater retrenches almost 170 workers
South African miner Sibanye has retrenched almost 170 employees following a consultation process at Beatrix 4 shaft and Kloof 1 plant. This publication has learned that the mining company said the consultations – which were held in accordance with Section 189 of the Labour Relations Act – were constructive and helped to minimise jobs losses.
Sasol manages to contain hazardous ammonia in Mpumalanga
Media reports landing on BusinessTech Africa’s desk indicate that an ammonia leak at a Sasol plant has been successfully contained. This comes after reports that in the early hours of Friday morning and it has been contained, the synthetic fuel and chemicals giant has said. According to a Sasol spokesperson, a strong ammonia smell was
HBO Max and Discovery+ new plans include name change & new shows
HBO Max is set to undergo some changes as Warner Bros. Discovery prepares to unveil its official plans for the combined streaming service with Discovery+. According to Bloomberg, the service will maintain HBO Max's current pricing, with an ad-supported tier priced at $10, a no-ads tier at $16, and a new $20 tier offering higher
BMW & AirConsole launch competition for in-car game developers
BMW Group and AirConsole have announced a collaboration to launch a competition for developers to create games designed specifically for in-car use. The goal of the competition is to encourage developers to pioneer the field of in-car gaming and tap into the potential of the global game developer community. Both companies are promoting the competition
Northam Platinum to proceed with RBPlat takeover as rival withdraws
Northam Platinum has confirmed that it will proceed with its takeover offer for Royal Bafokeng Platinum (RBPlat) after a complaint made by Impala Platinum (Implats) was withdrawn. On November 9, Northam announced it would offer R172.70 per RBPlat share in a cash and shares offer. At the time, Northam owned just under 35% of RBPlat
Botswana firm on demand for larger share of diamond sales
Botswana's President Mokgweetsi Masisi has stated that the country will not back down on its demand to sell a larger share of the diamonds produced by its joint venture with De Beers. This statement raises the stakes in talks to renew a sales deal that expires in June. Botswana and De Beers mine diamonds together
How Blockchain Technology May Bring About Global Revolution
It is easy to conclude that the worldwide cryptocurrency business had a difficult year in 2022. It began with the steady decline of bitcoin's price from its all-time high of roughly $69,000 and finished with the unexpected collapse of crypto exchange FTX and the arrest of its disgraced founder and former CEO, Sam Bankman-Fried. In
The Top 4 Ways ChatGPT Can Be Applied in Telecom
In recent years, the telecommunications business has seen numerous changes and difficulties, necessitating the development of more efficient and effective communication solutions. One answer to this problem is to employ a language model driven by artificial intelligence, such as ChatGPT. ChatGPT has the potential to revolutionise how telecoms handle customer service, network management, fraud detection,
Grammarly's Generative AI feature will be able to write, interpret, and edit text in the near future
The functionality, which will be released in April, will be available instantly across applications and websites like Medium, LinkedIn, Microsoft Word, Gmail, and Google Documents. Grammarly, an AI-powered writing helper, announced Thursday the debut of GrammarlyGo, a generative AI tool that will allow users to brainstorm ideas, produce writing, edit, and customise material. It's the
<strong>The SARB data reveal that the Q4 22 current account balance fell to its lowest level since Q3 19</strong>
The current account deficit increased to 2.6% of GDP in Q4 22 from 0.0% in Q3. The outcome was largely in line with our projection, but worse than the 1.5% shortfall predicted by Thomson Reuters. The decline was principally caused by a substantial drop in the merchandise trade surplus, which fell from 3.7% of GDP
African icons share stories of hope, inspiration, and innovation at 8th FORBES WOMAN AFRICA Leading Women Summit
The return of an in-person FORBES WOMAN AFRICA Leading Women Conference at SunBet Arena, Time Square in Pretoria, South Africa, on International Women's Day (8 March 2023) was celebrated in style. Ministers, ambassadors, Grammy award winners, human rights activists, international sports stars, and game changers from around the continent joined the stage to discuss this
Samsung Transfers 98 Patents to Huawei: Understanding the Cross-Licensing Deal and Its Implications
Samsung recently transferred 98 patents it owned in the United States to Huawei. This includes the 81 patents that Samsung transferred to Huawei in 2019, bringing the total to 179 patents. Reports claim that the transfer is likely related to the renewal of the cross-licensing agreement signed by the two companies in 2019 to end
Volkswagen SA excited to produce its 100 000<sup>th</sup> Polo
German carmaker Volkswagen has recently celebrated another milestone as it produced its 100 000th unit for the South African market. VWSA also celebrated the assembly of the two millionth locally-made Polo last year and the company has expressed delight in the news. Made by the automaker’s night shift team at the Kariega Plant, formerly Uitenhage, in
<strong>HEINEKEN Acquires Control of Distell and Namibia Breweries, Creating Regional African Beverage Champion</strong>
HEINEKEN N.V. has received regulatory approval from the South African Competition Tribunal to acquire control of Distell Group Holdings Limited, paving the way for the creation of a regional African beverage champion. The decision marks the final regulatory approval following those received from the Namibia Competition Commission, the Common Market of Eastern & Southern Africa,
<strong>Apple Introduces New Yellow Colorway to iPhone 14 Lineup</strong>
On March 7th, Apple announced a new sunny yellow colorway for its iPhone 14 and iPhone 14 Plus models. This new addition joins the current lineup of colors, which includes midnight, starlight, (PRODUCT)RED, blue, and purple. The yellow shade offers a playful and whimsical touch to the sleek and modern design of the iPhone 14
Telkom & Clickatell to launch mobile messaging payments
National telephone operator Telkom has joined forces with chat commerce and business messaging firm Clickatell to launch its Chat 2 Pay feature. The feature is for integrated communications company Telkom to unlock the convenience of safe and effortless mobile payments. Creamer Media posted that the deployed Chat 2 Pay pay-by-link capability in WhatsApp, in response
Great News for South African vehicle owners
Substantial progress is being made in South Africa in establishing the right to repair. The Right to Repair South Africa and the Motor Industry Workshop Association (MIWA) have collaborated to create and publish a worldwide best-practices guide for right-to-repair legislation. The freedom to repair movement argues for customers' rights to repair and alter their own
Heineken receives greenlight in its bid to acquire Distell
Alcoholic beverage company, Heineken, has been given greenlight regarding its bid to acquire wine and cider company, Distell Group. The latest information suggests that the Competition Tribunal has greenlighted the Dutch beermaker thus concluding the regulatory hurdles the Dutch brewer had to overcome to seal the deal. Moneyweb has it that the approval by South
Sony unveils 2023 Bravia TV lineup with upgrades & new features
Sony has finally announced its 2023 Bravia TV lineup and the announcement this year came a bit later than expected. Usually, the company showcases this tech at CES but for some reason, Sony opted to skip the expo and host a delayed reveal in March. Regardless, the new Sony Bravia 2023 TV lineup includes some
ASUS ROG Harpe mouse and hone aimlabs for PC gaming
ASUS has introduced the ROG Harpe Mouse, a new gaming mouse that offers gamers an improved aiming experience on PC through its integration with Aimlabs software. The mouse offers automatic DPI calibration and other tweaks to enhance the gaming experience. ASUS has carefully designed the ROG Harpe Mouse to enhance almost every aspect of gameplay,