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ANC wants Dlamini-Zuma in charge of the load-shedding debacle
The ANC wants Nkosazana Dlamini-Zuma to lead South Africa's attempts to fix the load-shedding problem, which has left the country in a state of emergency. This was one of the proposals made during the ruling party's National Executive Committee (NEC) lekgotla last week, according to the Sunday daily Rapport. At the same time, "impeccable" sources
What destroyed Tesla in South Africa
In 2004, a year after Tesla was founded, a group of South African engineers banded together to create an electric vehicle (EV) in response to mounting global warming concerns. Optimal Energy was formed in 2005 by Kobus Meiring, Mike Lomberg, Jian Swiegers, and Gerhard Swart with the goal of developing the country's first electric car.
Elon Musk's Twitter Files include no mention of, much alone "expose," Bill Gates – verify your facts
According to social media posts, Elon Musk's Twitter Files "exposed" Bill Gates "so hard" that the Microsoft co-founder disabled tweet comments. However, Gates is not mentioned in the Twitter Files, which were revealed in December 2022. In July 2020, Gates will switch off comments. “Elon Musk EXPOSED Bill Gates in the latest twitter files so
Vodacom generates a large amount of revenue through offering insurance and short-term loans
Vodacom's financial services continue to increase, and the mobile operator's portfolio is being expanded through the VodaPay Super App. Vodacom's rapid expansion in financial services can be traced back to 2017, when it purchased a 34.94% indirect stake in Safaricom. Safaricom was the leading mobile operator in Kenya at the time of purchase, with a
Ford South Africa starts exporting next-generation Ford Ranger
Ford South Africa has just begun exporting the new-generation Ford Ranger to the overseas market from its Silverton plant in Tshwane. The American carmaker announced that the pick-up truck is shipped to more than 100 markets and the leader is European which is the largest destination. The pick-up is being shipped to more than 100
Ambitious FlySafair looking to hire more crew members & increase its aircraft
South African low-cost airline FlySafair is now aiming to boost its capacity by adding new aircraft to its fleet. According to spokesperson Kirby Gordon, the domestic airline will add two planes in the next two months and also hire more crew. Speaking to IOL’s Business Report, Gordon said the airline’s purchase of new aircraft would
Thungela Resources acquire R4.1 billion majority stake in an Australian coal mine
BusinessTech Africa has discovered that Thungela Resources has announced that it has acquired a R4.1 billion majority stake in the Ensham coal mine. The acquisition in Australia sees the coal miner moving towards diversifying out of the South African market. The mining giant confirmed that the purchase consideration of AUD 340 million (R4.1 billion) was
“Opportunistic” SABC demanding TV licences for laptops and computers
The South African Broadcasting Corporation (SABC) is now looking to force viewers to pay television licences for computer monitors – reports Mybroadband. Information landing through to BusinessTech Africa says the SABC is now demanding that South African viewers pay TV licence fees for computer monitors, even if they are not using those devices to watch
South Africa's leading cloud services
South African firms may pick from five key cloud services to make their operations more flexible, efficient, and to unleash strategic value. If you've used the Internet in the last several years, you've probably visited a website or utilised an app that uses a cloud service. The specifics of how a cloud computing infrastructure works
Eskom wishes to reduce load-shedding by the weekend
Eskom intends to decrease load-shedding to stage 4 on Friday, 3 February 2023, with the goal of reducing it to stage 3 by Saturday. According to Thomas Conradie, Eskom's head of generation, the return of numerous producing units to service and low weekend demand should allow the power provider to lessen load-shedding. Conradie stated during
Cell C has been nabbed after representatives reportedly refused to offer an advertised contract
The Advertising Regulatory Board (ARB) ruled against Cell C in response to a complaint against a deceptive SIM-only month-to-month data and voice contract advertisement. The ARB received the complaint when a potential consumer attempted to sign up for the R99 per month package and was told it was unavailable by in-store and contact centre workers.
Google's ChatGPT rival will be available "soon"
Sundar Pichai, CEO of Alphabet Inc., stated that Google will make artificial intelligence-based big language models like LaMDA available "in the coming weeks and months." Users will soon be able to use language models "as a companion to search," according to Pichai, who spoke on a conference call after Google's fourth-quarter results release on Thursday.
What South Africans wanted to know in January 2023, according to search trends
With the new year in full gear, local and global headlines have piqued South Africans’ curiosity across the board. Google search traffic in January revealed a lot of interest in athletic events, matric results, and technological innovations. How to check matric results online was on many people’s thoughts. This was also the month’s second most
The head of the financial task team in charge of establishing South Africa's R145-billion climate deal resigns
South Africa is finalising an implementation plan for a $8.5 billion (R145.4 billion) climate financing agreement with some of the world's wealthiest countries, despite the resignation of the chairman of the Presidential Climate Finance Task Team, according to a government spokeswoman. An offer to extend Daniel Mminele's employment for three months "is on the table,"
Distressed Mara Phones South Africa expected to retrench its workers
As it was touted as a game changer as far the South African technology is concerned, Mara Phones SA project is set to cut jobs. BusinessTech Africa understands that MPSA, the company used to complete the management buyout (MBO) of embattled smartphone manufacturer Mara Phones SA, is now getting ready to retrench its employees. This
Lulalend raises R606 million & will unveil a new bank in SA by March 2023
South African digital money lender Lulalend is planning to introduce a new bank in the market as early as March 2023. As it remains a challenge for business owners in some African countries, Lulalend is making it easier for local startups to source funding. In South Africa, where the annual SME gap is about $20O
Telecoms giant MTN Nigeria reports a massive victory in profits for 2022
MTN Nigeria has reported a massive win in its full-year results and managed to reward shareholders with bumped-up dividends. The telecommunications company released its results for the year ended December, showing a surge in profit and massive growth of its fintech business. Nigeria is the top profit-making market for the South African-based telecoms group, generating
FNB has surpassed Capitec as the world's most powerful banking brand
According to Brand Finance, South African bank FNB has the strongest banking brand in the world, just beating out Capitec Bank, which was placed second. According to the company's 2023 Banking 500 study, FNB received the highest Brand Strength Index rating of every bank assessed by the group (BSI). The BSI ranks the most powerful
Samsung intends to make a significant Exynos comeback for Galaxy S devices. — Information
According to NotebookCheck, Samsung intends to use its own chipset in premium Galaxy S devices again next year. The abrupt change comes amid rumours that Samsung will sell all variations of its next Galaxy S23 series using Qualcomm's Snapdragon 8 Gen 2 CPU. The Exynos 2300 processor, which was originally designed for this year's Galaxy
The CEO of Intel has taken a 25% pay reduction
Intel Corp., which is dealing with a fast reduction in revenue and profitability, is reducing manager compensation across the board in order to deal with the fragile economy and save funds for an ambitious turnaround plan. The chipmaker said on Tuesday that CEO Pat Gelsinger will get a 25% pay decrease. His executive leadership team