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Beermaker SAB unveils new logo and slogan: “Cheers to the future”
South Africa's beermaker, South African Breweries (SAB) has launched a new logo as the company is now looking at its improved brand repositioning. Apart from the brand new logo, SAB also unveiled its new slogan and the logo features a gold circle that transitions into a red line, thus intersecting with a red typeface to
Mining giant De Beers registers good demand for rough diamonds
BusinessTech Africa has learned that rough diamond sales for the ninth sales cycle of the year were $450 million for the diamond miner De Beers and the demand is growing. Mining group, De Beers, claims it has continued to use a more flexible approach to rough diamond sales during this cycle, with the sighting event
In South Africa, sharing these messages on WhatsApp can land you in serious legal trouble
According to Michael Visser, a legal advisor at Legal&Tax, the internet is no longer a place with no consequences, and things that happen online no longer stay online – even sharing a message can land you in hot water. South Africa has recently joined the global trend of taking a strong stance on what is
Finland’s Nokia reaffirms ambitions and commitment to the African continent
Headquartered in Finland, mobile telephone maker Nokia says it is still committed to growing and remaining rooted in the African continent. The Finnish telecommunications equipment maker, Nokia, announced that it still wants to grow and implement more infrastructure in the African market. This is the sentiment shared by Nokia officials who revealed their insights on
Meet South African Professor Abdon Atangana, the world's second-best mathematician
In Stanford University's Top 2% of Scientists in the World, a Professor from the University of the Free State (UFS) was ranked as the world's second-best mathematician and 188th in all of science, technology, and engineering. Professor Abdon Atangana, 37, originally from Cameroon, has lived in Bloemfontein for the past 12 years and is an
Gordhan is confident the SAA-Takatso deal will go ahead amid Novick’s resignation
Minister of Public Enterprises Pravin Gordhan has reacted to the resignation of Takatso Consortium’s board member Gidon Novick. Novick was tasked by Takatso Consortium to negotiate for their bid to acquire 51% of South African Airways and his resignation has made headlines. However, Gordhan remains upbeat that they will continue to hold talks with Takatso,
Elon Musk will testify in court about his R865 billion Tesla pay package
Elon Musk, the CEO of Tesla, will testify in court on Wednesday as part of a trial over his $50 billion (R865 billion) pay package as CEO of the electric car giant.Musk will testify in the same Delaware court where he was sued by Twitter to ensure he completed his buyout of the social platform.
60% of South Africans polled prefer a four-day workweek in order to have more free time
South Africans are eager to embrace the seemingly radical four-day workweek. Employees in this mode of work have more time away from the office to rest, spend time with loved ones, and engage in recreational activities. Non-profit corporation 4 Day Work Week South Africa will test this futuristic work structure in businesses that have chosen
Embattled Eskom loses yet another top executive in Rhulani Mathebula
South African power utility Eskom has confirmed that the acting group executive of power generation, Rhulani Mathebula, is leaving the struggling company. Mathebula’s departure was confirmed by Eskom’s Chief Operations Officer Jan Oberholzer in a media briefing on Tuesday. Oberholzer said Mathebula, who spent 19 years with the power generator, Eskom, is leaving the company
Vodacom spends a record R5.8 billion on its South African network as it battles load shedding
Vodacom, South Africa's largest mobile operator, which has been dealing with power challenges and the effects of rising inflation, says it spent a record R5.8 billion on its local network in the first half of the year, including batteries, in order to ensure a more resilient network for customers. For the past two years, the
Transnet possible sabotage cost SA billions
Transnet Freight Rail (TRF) is looking into possible sabotage along its main coal line, which is costing South Africa a billion rand per day. Tuesday, November 8, 2022, near Ulundi in KwaZulu-Natal, one of the rail transportation company’s trains derailed after TFR received numerous threats on Monday. Several coal wagons were damaged by the crash,
Telkom to take a massive hit as a result of load shedding and a shifting customer base
Telkom has warned shareholders that it expects its headline earnings for the first half of the year to take a massive hit as a result of load shedding and a shifting customer base. The group said in a trading statement issued ahead of its interim results for the six months ended 30 September 2022 that
Gidon Novick's resignation from the board of The Takatso consortium
Gidon Novick's resignation from the board of The Takatso consortium, which was chosen as the new majority shareholder of SAA last year, has been officially announced. Novick, the co-founder of low-cost airline Lift, announced his resignation to News24 on Monday. He allegedly noted a lack of openness in the transaction's development, which began 15 months
DStv develops a new strategic value-add that will provide customers with more new content
MultiChoice and DStv have taken steps to close the digital information gap with a new strategic value-add that gives customers access to more of their favourite content. DStv Internet now provides uncapped fibre connections, more streaming, and more entertainment. They are jumping on board with high-speed and easily accessible service. This service was created in
WhatsApp is changing its privacy policies in anticipation of new features
WhatsApp has updated its privacy policies in preparation for new features. The updates include the messaging app's Communities service and how it will interact with wearables such as Facebook's Ray-Ban glasses. A spokesperson for the Meta-owned service said, “We’re looking forward to bringing new features to WhatsApp this year and are giving people in the
How much you have today if you invested R100 in Vodacom and MTN in 2009
Thirteen years ago, if you had invested R100 in each company and reinvested dividends, you would have received R451 from Vodacom instead of R207 from MTN. The two biggest telecom firm in Africa, Vodacom and MTN, control the local mobile market. Investors in South Africa that seek exposure to the telecom industry frequently have to
CSIR CEO Dr. Thulani Dlamini foresees a bright future for the institution
The Centre for Science and Industrial Research (CSIR) is set to perform well in the next few years and that is according to Dr. Thulani Dlamini who is the CEO. Dlamini says CSIR has found strategies as it navigated the national lockdown well and is now poised to perform strongly in the coming years, he
Iwisa & Snowflake owner Christo Wiese to list Premier Group on JSE
Businessman Christo Wiese has unveiled plans to spin off and separately list Premier Group in the Johannesburg Stock Exchange as per media reports. BusinessTech Africa has discovered that Wise, a major shareholder at investment company Brait, has announced his ambition in an initial public offering (IPO). The initial public offering would put the fast-moving consumer
This December, expect petrol prices to rise while diesel prices to fall
It seems those December road trips will become more costly as the price of petrol rises. While this is unfortunate for those who drive petrol-powered vehicles, it appears that those who drive diesel vehicles will be spared. According to the most recent data released by the Central Energy Fund on November 14, there is currently
Airbnb CEO Brian Chesky Responds to House Cleaning Chores and Cost Transparency Complaints
Airbnb CEO Brian Chesky has stated that he can hear you "loud and clear." In addition, the company is changing its search function to prioritise listings based on "total price," rather than just the nightly fare. Customers have been vocal about rising prices, onerous check-out procedures, and a lack of transparency about how they are