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2023 Land Rover Range Rover SUV bags best car design award
Priced from R2 million and boasting a three-litre turbodiesel engine, the new Land Rover Range Rover has claimed the annual Car Design award. Selected by a distinguished panel of judges as well as design leaders from various companies like Lamborghini, Volvo, and Lucid, the SUV is praised for its reductive design. CarMag reports that the
Eskom confirms Andre De Ruyter’s resignation, Makwana not replacing him
South African power generator, Eskom has confirmed the departure of CEO Andre De Ruyter but says Mpho Makwana won’t replace him. Makwana is currently serving as the Eskom Board chairperson and he said they are working hard to find De Ruyter’s successor. Media reports surfaced on Wednesday that the under-fire De Ruyter vacated his office
SA retailer Pick N Pay clothing opens doors to 300th store & hopes for growth
South African retailer Pick N Pay has opened its 300th clothing as a stand-alone outlet as it continues to grow in the country. The Cape Town-based casualwear retailer released a statement earlier this week, suggesting it was on track to launch 60 corporate and five franchise stores by February 2023. Pick N Pay announced that
Beleaguered Eskom CEO Andre De Ruyter resigns from his position – REPORTS
Eskom CEO Andre De Ruyter has reportedly resigned from his hot seat and BusinessTech Africa has gathered this developing story. De Ruyter leaves the embattled power generator, Eskom, and media reports suggest that the Group CEO notified the board about his decision. News24 has it that De Ruyter told the Eskom board chairperson Mpho Makwana
Tyre maker Bridgestone buys off-road tyre manufacturer Otraco Southern Africa
Tyre maker, Bridgestone Southern Africa Holdings, has bought Otraco Southern Africa and the company has announced the news on Wednesday. Bridgestone has acquired Otraco which is one of the most active tyre makers in the off-road tyre-management solutions market per a report by Engineering News. Otraco Southern Africa is active in the off-the-road tyre management solutions
<a>Ravaging Eskom load shedding slows car production due to increased downtime</a>
As the persistent load shedding continues to wreak havoc in many sectors of the economy, the car manufacturing industry is feeling the effects. This comes as South Africa’s automotive vehicle, manufacturers, and production for the year might slide because of it, Naamsa CEO Mike Mabasa said. Mabasa said the issue was the heavy-duty equipment and
Famous Brands appoint Thabo Mosololi as the new non-executive director
Owning brands such as Mugg & Bean and Debonairs, Famous Brands have announced the appointment of a new independent non-executive director. Thabo Mosololi takes the new role as an independent non-executive director to the board of directors. Famous Brands said Mosololi will also be hired as a member of the Audit and Risk Committee, per
Comair liquidation put on hold as negotiations with buyers continue
The ongoing court case involving Comair where it will be determined whether it can be rescued or not has been moved to June next year. This development has come to the attention of BusinessTech Africa and it will be determined in 2023 whether Comair can be saved or must be liquidated. Local media reports in
In South Africa, criminals are employing these latest high-tech tactics to steal automobiles
Toyota is delivering free security upgrades to South African drivers in an effort to combat growing levels of luxury car theft in the nation by tech-savvy thieves. Toyota stated that local automotive intelligence has discovered that criminals are now targeting high-end and luxury automobiles with keyless or smart entry systems and emergency start capabilities. The
One of South Africa's most vital job sectors is experiencing a hiring boom
According to the Bureau for Food and Agricultural Policy, South African farms that feed the country and export commodities to other countries are employing more people, despite figures from Stats SA showing otherwise (BFAP). Statistics The Quarterly Labour Force Survey (QLFS) of South Africa (StatsSA) indicated that the agriculture industry saw major employment losses in
South Africa is about to have new smoking restrictions, and you'll soon be punished or imprisoned for smoking in certain regions
The Tobacco Products and Electronic Delivery Systems Control Bill has been introduced in parliament, kicking off the process of enacting recommended improvements for smokers and the tobacco industry. An explanatory note on the new laws was gazetted in October, with the Department of Health notifying the National Assembly that the measure will be introduced before
<a></a><a><strong>Top young scientists awarded at Eskom Expo International Science Fair </strong></a>
Just last week, the Eskom Expo International Science Fair saw top young scientists awarded for their exhibitions in Boksburg. The ambitious young scientists successfully exhibited their ground-breaking research projects at this year’s Science Fair and walked away with a plethora of life-changing awards. BusinessTech Africa has received a media statement indicating that the top senior
Right present, the average take-home salary in South Africa is…
According to the latest monthly BankservAfrica Take-home Pay Index, take-home pay in South Africa climbed for the third consecutive month in October (BTPI). However, as economic troubles linger, the amount of wages paid has taken another hit, according to the organisation. “The average nominal salary for October recovered to R15,489, the highest level since the
<a>EXCLUSIVE: Start Up Capital’s Justine Kiska reflects on her entrepreneurial journey</a>
After founding her holding company early this year, Start Up Capital together with the Kiska Group, businesswoman, Justine Kiska recently sat down with BusinessTech Africa to share her progress. Kiska exclusively tells this website that the Kiska Group has gone through massive growth and development as they have forged partnerships with various companies. Currently operating
What do truck drivers in South Africa dread the most on the roads
According to new statistics from Webfleet's Road Safety Report for the year, other road users are the primary cause of truck collisions on South African highways. Other road users, such as passenger vehicles, were responsible for 33% of collisions, according to the organisation. According to Webfleet, passenger drivers do not know how to share the
South African citrus growers see a decline in exports but are hopeful of 2023
The South African Citrus Growers Association says it exported lower than predicted volumes to global markets in 2022. CGA says despite packaging 3.2 million more cartons of fruit for export markets this year, the industry packed and exported 5.7 million cartons less (164.8 million cartons) than what was predicted at the beginning of the 2022
Gold Fields suffers blow, lose Yamana deal & CEO Chris Griffith resigns
Following a disappointing mission to buy one of Canada’s biggest gold mines, Gold Fields CEO Chris Griffith has stepped down from his role. BusinessTech Africa has discovered that, through a media release, Griffith has resigned from his position at Goldfields and the miner has expressed disappointment. Under Griffith’s leadership, Gold Fields saw its plan or
Chinese car maker Chery plans to venture into more African countries
After seeing constant progress as far as sales are concerned, Chinese carmaker Chery plans to venture into neighbouring countries. The vehicle maker has seen steady growth in South Africa and Executive Deputy General Manager, Tiny Liu says they still plan to add more dealerships in the country. This comes following a stellar year in South
Aspen to receive R523 million from Bill & Melinda Gates Foundation
Globally recognised pharmaceutical company Aspen will receive $30 million from Bill & Melinda Gates Foundation and the Coalition for Epidemic Preparedness Innovations (CEPI). The JSE-listed pharmaceutical company will receive (R523 million) from the two funders to help manufacture routine and outbreak vaccines for Africa. It is reported that the $15 million each from CEPI and
DRC freezes Vodacom Group’s bank accounts & seals part of offices
The Democratic Republic of Congo has sealed parts of Vodacom Group’s offices and has frozen the company’s bank accounts owing to a tax dispute. The disagreement comes after an audit for the year 2016 until 2019 by the general directorate of taxes that discovered that Vodacom Congo owed more than $243 million. According to a