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Understanding what data a business has is key to leveraging the ‘new oil’
Data has been described as the ‘new oil’ but are businesses doing enough to leverage this precious resource to grow their top line? Calling data the ‘new oil’ is arguably a misnomer given the value of data and its economic potential in the long term. As a critical resource it differs from oil quite significantly
Samsung launches 1,000-inch 16K TV
Samsung has released the 2021 version of its “The Wall” display, which can scale up to a massive 1,000-inch screen with a 16K resolution. The South Korean tech giant unveiled its first version of The Wall at CES in 2018, showcasing a unique modular design that allows multiple smaller screens to be snapped together to increase the overall
FNB encourages customers whose income is affected by unrest to claim from credit life insurance
20 July 2021 – As consumers in parts of KwaZulu Natal and Gauteng evaluate the impact of the unrest on their employment and household income, FNB is encouraging customers who have credit life insurance to consider claiming from their policies to minimise financial hardship. Raj Makanjee, CEO of FNB Retail says, “Credit life is a vital
Ticketpro Dome in Northgate sells to WeBuyCars owners
WeBuyCars, the biggest car-buying service in the country, is set to buy the Ticketpro Dome in Northgate. RX Venue Management, who managed the Ticketpro Dome for 20 years, announced yesterday that the Ticketpro Dome had been sold to new owners who do not operate in the event space. Although they could not name the new owners,
Microsoft hack blamed on Chinese government
The U.S., U.K. and allies formally attributed the Microsoft Exchange hack to actors affiliated with the Chinese government, and other nations are joining in that assessment, escalating last week’s tensions between the White House and China. The U.S. and a group of allies said Monday that the Chinese government has been the mastermind behind a
Apple releases iOS 14.7 just as MagSafe Battery Pack appears on shelves
Apple has released iOS 14.7, an update which lets iPhone 12 owners fully utilize the MagSafe Battery Pack, HomePod users manage timers from their phone, and more (via 9to5Mac). Arguably the update’s most exciting feature is one that adds support for new hardware: Apple’s recently announced MagSafe battery pack, which should soon be arriving at
Jeff Bezos to fly into space today for 11 mins – Join us for a livestream
Jeff Bezos will be accompanied by Wally Funk, an 82-year-old pioneer of the space race, Mark Bezos, his brother, and an 18-year old student, Oliver Daeman. The group will travel in a capsule with the biggest windows flown into space, offering stunning views of the Earth. Branson got to space first, but Bezos is due
Beware dye-stained banknotes in South Africa
The South African Banking Risk Information Centre (Sabric) has warned that people in possession of dye-stained banknotes make themselves suspects of a criminal investigation. This warning followed civil unrest in KwaZulu-Natal and Gauteng, during which hundreds of ATMs were targeted by criminals. ATMs hold cash in special containers protected with dye-stain technology that is activated
Major food price increases in South Africa
The disruption to the Durban-Johannesburg food supply chain caused by rampant looting and the blocking of major distribution routes earlier this week will result in sharp food price increases. This is the warning from Mervyn Abrahams, an economist at the Pietermaritzburg Economic Justice Group’s (PMBEJD) low-income food inflation index, who recently spoke to City Press
How to get your tax clearance certificate online
If you are emigrating, investing large sums offshore, bidding on a tender, or simply need to prove your good standing with the taxman, you will need to use the Tax Compliance Status service on the eFiling portal of the South African Revenue Service (SARS). According to SARS, whether you are a business or an individual,
Woolworths reports 118% increase in online food sales
A pandemic-led boom in online shopping in South Africa has seen Woolworths report a 118% increase in online food sales in the 52-week period to 27 June 2021. “Online sales grew by 117.9% over the current year, contributing 2.3% to our South African food sales. This was further supported by the expanded click-and-collect offering and
Toyota issues warning about future in Durban due to unrest
Toyota is concerned about the violence and looting in KwaZulu-Natal and said it is not certain if it can continue to invest in the province or the country. It has been reported that Toshimitsu Imai, Toyota’s regional officer for Africa, wrote to eThekwini Mayor Mxolisi Kaunda to express his concerns. Mzolisi Witbooi, manager for corporate communications
Top construction companies in South Africa
Recent riots, looting and general lawlessness in two of South Africa’s major metros have ignited (quite literally) and negatively affected the tech industry in the country. The incidents have been centred around KwaZulu-Natal and Gauteng. Of course, the recent actions of some South Africans have affected many businesses — large corporations have lost factories, shops,
South Africa’s top ICT CEOs revealed
The top South African ICT leaders in terms of share price growth are MTN CEO Ralph Mupita, Adapt IT CEO Sbu Shabalala, Telkom CEO Sipho Maseko, and Huge Group CEO James Herbst. To assess the performance of tech CEOs, MyBroadband calculated the average annual share price growth during their tenure. This calculation revealed that 50%
Lerato Mataboge on why Intra Africa Trade matters
This talk focuses on the necessity and urgency for African countries to trade among themselves as a way to address economic challenges and recover from the negative impact of the COVID-19 pandemic. Lerato Mataboge is the Deputy Director-General, Department of Trade, Industry and Competition: Republic of South Africa. Previously, Acting CEO of Trade Africa, an
Investment options that are in your target market
Like most developing countries across the globe, a lot of countries in Africa are presenting a raft of exciting investment opportunities across a range of markets. To this end, new research from PwC projects that the value of traditional assets under management in 12 African markets peaked at around $1.098 trillion in 2020, up from a
10 Top female business leaders in Africa
The past few years have seen a rise in the number of women-owned businesses in Africa. Be it in IT, oil, mining, or in the aviation sector, female entrepreneurs are breaking gender stereotypes and showing that what a man can do, a woman can also do, if not better. Bold and fearlessly ambitious, these are
Angola seeks investors for 200,000 bpd Lobito refinery
Angola is calling interested companies and individuals to invest in its Lobito refinery. The public tendering process was launched on Friday by the country's oil minister. The refinery in Benguela province is projected to process up to 200,000 barrels per day when completed. According to the proposed corporate governance structure, private investors will own 70%
Social grant payments suspended
The suspension of cash payments to social grant beneficiaries across the country will be devastating should the unrest continue, says General Moyo of the #PayTheGrants campaign and member of the Fight Inequality Alliance. “Not only for those who were receiving or relying on the Social Relief of Distress grant, but many pensioners and disabled people;
Microsoft threatens to resurrect Clippy as an Office emoji
Microsoft is threatening to bring back its annoying loveable Clippy character. The software giant claims it will replace the paperclip emoji in Microsoft Office with Clippy if the tweet below gets 20,000 likes. The tweet has already surpassed that number, so it seems Clippy could be about to return as a more innocent emoji —