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Vision 2025: Ethiopian Airlines unveils plans to expand its fleet
Ethiopian Airlines says its progressive goal is to expand its fleet and enlarge its network. As part of “Vision 2035” plans, the airline will introduce more than a hundred new aircraft to its fleet. BusinessTech Africa has learned that the airliner also plans to add more cities to its network, totalling its destination network to
Data leak on WhatsApp: 500 million user records for sale
Someone is allegedly selling the current phone numbers of nearly 500 million WhatsApp users. This is likely confirmed by a data sample examined by Cybernews. On November 16, an actor advertised a 2022 database of 487 million WhatsApp user mobile numbers on a well-known hacking community forum. Each country has a large number of phone
The non-life insurance industry is facing challenges, but it is not all bad news
The non-life insurance industry in South Africa is facing significant challenges. Following a difficult year in 2021 in which the industry dealt with the fallout from an unstable grid, mass riots and looting, and weather-related losses, optimism for an economic recovery has remained muted this year. Changes in the climate The impact of climate change
Banks in South Africa are warning customers to be wary of these banking scams
Consumers must be aware of common scams as online transactions become the norm and personal banking details are protected by a slew of passwords and authentication processes. Discovery Bank has urged its customers to be 'cyber-safe' during sales such as Black Friday and Cyber Monday, as well as the holiday season in general, citing the
Golden Arrow has ambitious plans to replace its diesel buses with locally built electric buses
Golden Arrow Bus Services (GABS) wants to increase the number of electric buses it operates, and it hopes to foster job growth by ensuring that some of the components are manufactured locally. In December 2020, the company began testing two electric buses and discovered significant energy savings of 60 to 70%. Golden Arrow's decision comes
One SA Black Friday shopper splashes close to R400 000 on two transactions
BusinessTech Africa has found that one South African consumer has splashed close to half a million on Black Friday deals. Various media publications in South Africa reveal that PayFast’s BFCM 2022 statistics portal is live and it permits users to trace their spending. The portal is mainly focusing on South African customers and looks at
Hawks take the fight against corruption to the municipal level
Several recent arrests of municipal managers in Mpumalanga, as well as one each in Limpopo and the Free State, indicate that the Hawks' anti-corruption campaign is spreading to the local level. The Hawks announced in August that it was investigating 22 000 cases worth R1.5 trillion. While the majority of these are high-profile, regional branches
Phathiswa Magopeni on the verge of returning to SABC as board member
Having left the SABC under a cloud of controversy, former head of news Phathiswa Magopeni is on the verge of making her return to the public broadcaster. Magopeni has been included in the list of candidates vying for a position on the SABC board and her inclusion has been confirmed by the Parliament’s subcommittee. News24
RAMAPHOSA: it’s very easy to blame the President and government…
President Cyril Ramaphosa has assured South Africans that Eskom's problems, which have resulted in load shedding due to power plant breakdowns, will be resolved. On Thursday, the President briefed the media in London on the outcomes of his State Visit to the United Kingdom (UK). His Majesty King Charles III invited the two-day visit, which
South African Reserve Bank to unveil new coins in January 2023
After announcing changes to South African coins back in August, the South African Reserve Bank will finally unveil them in January next year. Media reports indicate that the South African Reserve Bank has gazetted the new designs for the 2023 Fourth Decimal Coin Series of South Africa. BusinessTech Africa understands that the R5, R2, R1,
Coal exporter Thungela to own 100% of Zibulo Colliery
South African coal exporter Thungela Resources has officially agreed with its black economic empowerment partner Inyosi Coal. The partnership is all about buying a 27% interest in Anglo American Inyosi Coal (AAIC) which is under Inyosi’s ownership in exchange for shares in Thungela. This has come to the attention of BusinessTech Africa that 100% of
Gauteng uses drones and panic buttons to combat crime
The Gauteng Treasury says it will spend millions of rands to combat crime in the province. MEC for Finance in the province, Jacob Mamabolo, presented the province's medium-term budget policy statement on Thursday (24 November), stating that the treasury has allocated R173 million for this goal in the most recent fiscal year. He stated that
US retail giant Walmart wraps up R6.4 billion ownership of Massmart
United States-based retailer Walmart has just wrapped up its mission to acquire 100% ownership of Massmart. Walmart’s move comes after the company bought a 51% stake in Massmart more than 10 years ago. Media reports suggest that Walmart pronounced the intention to over Massmart back in August as also reported on by BusinessTech Africa. The
What you need to know about returns, refunds, and delivery during Black Friday 2022
While many South Africans are gearing up for Black Friday (November 25), it is critical that they understand their consumer rights before spending any money. If a company or business, formal or informal, of any size, markets, distributes, manufactures, or sells goods and services in South Africa, it must follow the Consumer Protection Act 68
Clicks wants to buy Sorbet for R105 million in cash
Clicks, South Africa's largest pharmacist, says it wants to buy out salon owner Sorbet for R105 million, adding a franchise chain to the JSE-listed group. In 2015, Clicks purchased a 25% stake in Sorbet Holdings, which operates under the brands Sorbet, Sorbet Man, and Candi & Co. The purchase would add over 190 salons to
<a><strong>SA science wizkid wins gold at Turkey international science fair </strong></a>
One young and gifted South African scientist, Pieter Huysamen has scooped a gold medal at this year’s Buca International Music, Science, Engineering Energy Fair (IMSEF) in Turkey. Huysamen is a learner whose research seeks to address South Africa’s need for more energy-efficient buildings and construction materials. The 17-year-old Huysamen Grade 10 learner at Hoërskool Jan
Chris Hani: ANC divided on Janusz Walus’ release on parole
As the topic surrounding the release of former SACP leader Chris Hani's killer, Janusz Walus’ release on parole is still trending, ex-South African ambassador to Qatar Faizel Moosa has slammed the courts. Moosa argues the South African justice system is flawed because Hani fought for democracy and Walus can’t be freed because the country lost
Zuma welcomes the appeal of the medical parole decision
Zuma surrendered to police in July of last year and was released on medical parole two months later by former national Correctional Services department head Arthur Fraser. The SCA upheld a lower court's decision on Monday, saying the department must decide how to proceed with Zuma's incarceration. The Department of Correctional Services, according to Singabakho
Gordhan to SAA and Mango: Reach an agreement or no sign off on the proposed sale
Minister of Public Enterprises Pravin Gordhan has informed South African Airways (SAA) and Mango's rescue practitioner that he will not consider an application to approve the proposed sale until they have addressed previous concerns about the matter. This is only a few weeks before the date set by Mango's rescue practitioner, Sipho Sono, for the
Eskom has been given a major lifeline
Pravin Gordhan, the minister of public enterprises, says his department has found 50 million litres of diesel for the national power utility Eskom from state-owned PetroSA. Responding to questions in the National Assembly plenary, Gordhan stated that his department has been liaising with Eskom and PetroSA this week to find a way – within the