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MTN sells its towers in South Africa
MTN has announced that its South African division has finalised a transaction to sell and leaseback 5,709 of its towers—comprising around 4,000 greenfield and 1,700 rooftop sites—to IHS Towers for about R6.4 billion. Proceeds will be reinvested into strategic growth initiatives, such as securing high demand spectrum frequencies, and providing MTN with additional balance sheet
New media player for Windows 11
Microsoft has started rolling out a new media player for Windows 11 to replace the Groove Music app. The Media Player for Windows 11 is available to test for Windows Insiders in the Dev Channel. Windows Inbox Apps principal programme manager lead, Dave Grochocki, explained the new app was designed to make listening to and
Load-shedding back until Saturday
Darker days are looming for South Africans again as Eskom will implement stage 2 load-shedding at 14:00 on Wednesday due to insufficient generation capacity and the loss of three more units at its coal-fired power stations. On Wednesday morning, Eskom lost generation from a unit each at Medupi, Duvha, and Kendal power stations. “Total breakdowns
Trends 2022: Supply chain cyber-attacks on the rise, as ransomware attacks break records
In the last six months, an organisation in South Africa was attacked on average 1737 times per week. This is more than double the global average (819) of attacks per organisation per week, according to Check Point Threat Intelligence Report. So what can we expect from the year ahead? • In 2022, ransom demands by hackers
Labour union Solidarity threatens legal action over R20 petrol price in South Africa
The South African government must urgently deregulate petrol and diesel prices in South Africa, or it could face legal action. This is the call from labour union Solidarity, which has warned that the surging fuel price threatened economic growth and that current price controls were not benefitting motorists. The union has written letters to the
No flights for Mango airline
Low-cost airline Mango will not resume flights as set out in its original business rescue plan and will have to retrench more employees than anticipated following a meeting of its creditors on Monday. In a statement following the meeting, Mango business rescue practitioner (BRP) Sipho Sono said that South African Airways (SAA), Mango’s sole shareholder,
JP Morgan sues Tesla for R2.5 billion
PMorgan Chase & Co. sued Tesla Inc. seeking a $162 million payment for warrants that expired above their strike price, which had been muddied by Elon Musk’s tweet in 2018 threatening to take the company private. JPMorgan claims the Aug. 7, 2018 tweet amounted to a significant corporate transaction that allowed it to adjust the
About – Tt100 Business Innovation Awards 2021
Johannesburg, South Africa – The road towards the much-anticipated tt100 Business Innovation Awards programme, sponsored by amongst others, The Department of Science and Innovation, is underway, with the search to find organisations and individuals that have excelled in the management of technology, innovation, people, and systems. Celebrating its 30th year of existence in 2021, the tt100 awards programme
Heineken offers to buy SA’s Distell for R38.22bn
Heineken NV offered to buy South African wine and spirits maker Distell Group Holdings NV for 2.2 billion euros ($2.5 billion), the Dutch brewer’s most significant acquisition since 2018. The company made a recommended offer of R180 a share, according to a statement on Monday. Heineken will also look to buy a majority stake in
Starlink launches Wi-Fi at Tesla charging stations
Tesla has begun installing Starlink satellite internet systems at its Supercharger stations to provide its customers with connectivity while charging, Electrek reported. To provide its customers with entertainment during recharges, the satellite Internet service combined with Tesla’s in-car apps will allow owners to watch streaming services and play games. Tesla’s Theatre app allows customers to access
Here's why Uber and Bolt drivers are protesting in South Africa
Drivers for apps such as Uber and Bolt demonstrated outside Parliament last week to demand that e-hailing services increase their fares and decrease the commission they take. The protestors submitted their memorandum of demand to representatives of the labour and transport departments. The rising cost of living in South Africa, combined with high petrol prices
New FNB app features a single Marketplace for home, car and services
15 November 2021: FNB is expanding its lifestyle offering and smart tools on its award-winning App to help customers navigate life and business like never before. The key new features on the FNB App include: · A single Marketplace for home, car and services. · A new Car peer-to-peer marketplace to list a vehicle in
Samsung Galaxy S21 FE: Specs, price, release date and other leaks
The yet-to-be-announced Samsung Galaxy S21 Fan Edition (FE) has become the victim of another leak, according to a report by Android Police. Just like its S20 FE predecessor, which serves as the affordable counterpart to the S20, the S21 FE is supposed to be the budget-friendly alternative to the flagship S21. Marketing images leaked by Coinbrs show
Laws and terms you shouldn't ignore when buying a franchise
Running a franchise might seem like a safe and easy way to make money, but it's not always plain sailing. You'll likely have to abide by numerous terms and conditions in the franchise agreement, mostly to do with the intellectual property you're effectively buying from the franchisor. And there are also always risks involved –
Woolworths now has solar-powered delivery vans
Retailer Woolworths now has solar-powered vans delivering goods ordered online to people's homes, and it has saved almost 3,600kg of carbon dioxide emissions over the course of two months. It is the first retailer in South Africa to introduce electric panel vans for online delivery services. In a Twitter post on Tuesday, Woolworths said the
Microsoft is emailing out 50,000 Microsoft Store gift cards for the holiday season
Double-check your inbox and your spam folder because Microsoft might have left something in there for you. Earlier this week, a few people noticed gift cards for the Microsoft Store suddenly appearing via email, and the company has confirmed it sent out 50,000 of the codes to US customers. Per a Microsoft spokesperson: To help
SpaceX’s Starlink reveals new smaller, rectangular user dish to connect to satellites
SpaceX’s internet-from-space initiative Starlink has unveiled a new rectangular dish that interested customers can buy to tap into the company’s growing satellite constellation in low Earth orbit. It’s a thinner and lighter weight option than the circular dish that Starlink beta users have been testing over the last year. Starlink is SpaceX’s satellite internet project,
Big Gmail outage
Numerous Gmail users have reported issues with accessing the email service on Friday morning. The global and South African Gmail Downdetector pages showed steep increases in reports of issues from around 10:30. Several Twitter users across Europe, the UK, and Japan have also reported problems accessing the service. Many users said that they received error
Big Zambia power disruption that caused Eskom trips under investigation
Power companies in southern Africa are investigating the cause of an “unprecedented” system disruption that affected four countries. Zambia suffered a nationwide blackout on Nov. 6, while neighboring Zimbabwe reported on Nov. 8 that a technical fault at one of its main power plants had curbed supply. The disturbance also resulted in a loss of
Ecobee’s new home security service has a professional monitoring option
Ecobee now gives you the option to pair its smart home monitoring devices with a professional security service. With the company’s new Smart Security service, which replaces the Haven service it formerly offered, you can enable 24/7 professional monitoring (which is still in beta) for an additional $10 / month as a part of the