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Massive price cuts for petrol and diesel will begin in 2023
South African motorists will be greeted with significant price reductions at the pump beginning in early 2023. The Department of Mineral Resources and Energy has released the country's official fuel prices for January 2023, which indicate significant reductions in petrol and diesel costs. From Wednesday, 4 January 2023, the retail price of 93 and 95
The elimination of e-tolls has been postponed until the new year
The e-toll system was supposed to be phased out by December 31, 2022, but the Gauteng government says this has been pushed out into the new year. The provincial administration indicated in a statement released on Saturday that an agreement with the National Treasury to facilitate the deactivation of e-tolls had not yet been reached.
Chinese telecoms giant Huawei returns to normalcy after US restrictions
Chinese telecoms company Huawei has registered its third straight quarter of growth, declaring a return to normalcy after overcoming a number of restrictions in the United States in 2022. Huawei’s sales grew by 7.2% to 191 billion yuan (R465 billion) in the December quarter, that is according to Bloomberg’s calculations off annual figures. This follows
Postbank handed another 12 months to solve its security issues
The underfire South African Post Office has been given until the end of 2023 to ensure its house is in order. Per a report carried out by Business Insider South Africa, the state-owned Postbank will not be kicked out of the national payment system, says the Reserve Bank. Operated by the South African Post Office,
Gauteng government to hold memorial service for Boksburg Explosion victims
As South Africa mourns those who passed away during a horrible gas tanker explosion that took place in Boksburg, the government will hold a memorial service on Friday. Mourners are expected to pay their respects to the victims of the Boksburg gas tanker blast and the Gauteng provincial government will host the service at the
Department of mineral and energy rejects Eskom’s application for diesel licence
The department of minerals resources and energy has turned down Eskom’s application for a diesel wholesale licence. It is reported that the DMRE has rejected the embattled power supplier, Eskom’s bid to acquire a licence for diesel. Eskom sent its application for the licence to import its own fuel so that it could buy diesel
The Nissan Magnate SUV offers versatility as it boasts 74kW of power
As the cost of living continues to go high and hit many people, the Nissan Magnite is just a perfect option when buying a car. The rise in fuel and food prices means consumers will have to resort to buying a car that offers multi-use capacity. Looking at the Nissan magnate, reviewers say the car
City of Cape Town announces the closure of certain beaches due to pollution
While it is expected that many travellers will flock to Cape Town to wrap up 2022, the City of Cape Town will close some of the beaches. The council has issued a reminder to residents and visitors that Milnerton Lagoon, Milnerton Estuary Mouth, and Lagoon Beach will remain closed for swimming due to pollution in
22-year-old Mzamo Mbhele develops an app to help job seekers with no data
A young South African student is breaking ground after unveiling a brand new application that seeks to help job seekers. As a student at the Mangosuthu University of Technology, Mzamo Mbhele has developed an app called Job X which will definitely help many locals. The 22-year-old from Umlazi in Durban is a third-year IT software
41 flights were affected by fuel shortages at OR Tambo International Airport
BusinessTech Africa understands that the fuel shortage at OR Tambo International Airport has affected many flight operators. This website published on Wednesday that passengers at OR Tambo International were left stranded owing to fuel shortages. In the latest development, the Airports Company South Africa (ACSA) says that challenges with refuelling of aircraft impacted 41 flights
Think carefully before retweeting: South Africa is cracking down on digital abuse
South Africa has recently been subjected to a bombardment of cyber-attacks and/or cyber-related/enabled crimes, with many individuals and organisations caught off guard. South Africa was rated third in the world in terms of the number of cybercrime victims in 2021. As a result, cyber security is becoming a significant issue, particularly in light of social
SA retailer Shoprite sells R20 million shares as part of annual rebalancing
South African giant retailer Shoprite has sold its shares in what is described as a rebalancing act by the company. Shoprite CEO Pieter Engelbrecht said they have sold R20 million in the company’s shares in the week just before Christmas. The retail company announced the development in a statement on Wednesday, saying the sale is
As 2022 come to an end, South Africa has seen 200 days of power outages
On Tuesday, South Africa reached 200 days of power outages in 2022, with more to come. Because of its ageing and poorly maintained power stations, Eskom has conducted record rotating outages this year. Energy scarcity has hampered investment and dragged on output. "The fluctuations in the supply of electricity have profound implications for the economy
As platforms compete to become the next Twitter, a gold rush emerges
Twitter Inc. is on its way out. At least, that's what those who've declared their switch to another platform have said. The fact that they made these statements on Twitter and then stayed to watch shows how tough it has been for users to sever their addiction since Elon Musk took a hatchet to the
Passengers stranded as OR Tambo International suffers fuel shortage
Passengers at OR Tambo International Airport are currently stranded due to airplane fuel shortages. It is reported that planes at OR Tambo were grounded on Wednesday due to a shortage of fuel caused by a technical problem at the storage facility. While Transport Minister Fikile Mbalula disputes the claims, it seems this shortage has left
Eskom warns of an R20 billion loss this year after an audit uncovers fraud, with tender documents set on fire
Eskom reported its sixth consecutive deficit and warned that the gap might increase, while its auditor stated it might not be able to continue as a continuing concern. Eskom's deficit decreased to R12.3 billion in the fiscal year to March, down from a restated R25 billion a year earlier, according to departing CEO Andre De
KFC to temporarily shut down some restaurants owing to load shedding
One of the most loved restaurants in South Africa, Kentucky Fried Chicken has announced a temporary closure of some of its stores. KFC said this temporary closure is due to the ongoing load shedding implemented by Eskom earlier this week. Although Eskom suspended load shedding for the weekend of Christmas, the embattled power generator introduced
Boksburg Gas tanker explosion death toll rises to 18, mother of victims shattered
As the country is still reeling in shock following the tanker explosion that occurred in Ekurhuleni, Boksburg, the death toll has gone up to 18. BusinessTech Africa has learnt that the deaths resulting from the gas tanker explosion in the East of Johannesburg are still rising. MoneyWeb has it that officials have announced that the
Struggling Tongaat Hulett receives a financial boost from the IDC
Dubbed the largest sugar producer in South Africa, Tongaat Hulett has received a massive financial boost from the Industrial Development Corporation. The IDC has pumped up an undisclosed amount of money into the struggling sugar producer, Tongaat Hulett. News24 reports that Tongaat Hulett has received an undisclosed sum from the Industrial Development Corporation (IDC) to
Ulundi Municipality is suing Eskom for a devastating load decrease that has left them in the dark
The Ulundi local council is suing Eskom to compel them to halt the catastrophic load reduction that caused it to go dark on Christmas and Boxing Day. The municipality in northern KwaZulu-Natal concedes that it owes Eskom more than R100 million, but claims that it has made preparations to pay off the debt, and hence