Browse every article
10,681 articles
Nedbank shifts permanently to a hybrid work-from-home model
Nedbank has communicated to staff that it plans to shift to a “hybrid workforce model” with a significant percentage of the bank’s employees not working in the group’s offices daily, a move that has been accelerated by Covid-19. Because of the pandemic, most corporate staff at the largest professional services firms in the country (financial services,
Mr Price gets CompCom backing for R500m Yuppiechef deal
JSE-listed clothing and homeware retail giant Mr Price Group is a step closer to scooping online retail kitchenware pioneer Yuppiechef, after the Competition Commission of South Africa (CCSA) on Thursday announced its backing of the acquisition. The CCSA said in a statement that it “has recommended that the Competition Tribunal approve the proposed transaction” without
WhatsApp adds feature that allows users send images and videos in their ‘best quality’
A future version of WhatsApp will give more control over the amount of compression it applies to sent images and videos. WABetaInfo reports that the two features are currently in development for the Android app, and should eventually present three quality options when sending images and video. The options are “Auto,” “Best quality,” or “Data saver.” If it releases in
You can now apply for a job through TikTok
TikTok is testing a job application tool that allows its users to directly apply with video resumes to companies like Chipotle, Target, and Shopify. The short-term pilot program, called TikTok Resumes, stems from content that has organically popped up on the platform, like #CareerTok, and the company’s deliberate initiatives to influence college students and younger
New lockdown rules for delivery drivers in South Africa
Minister of Communications and Digital Technologies Stella Ndabeni-Abrahams has published new regulations governing the safety measure couriers, postal services, network providers, and film and TV productions must implement to curb the spread of Covid-19. The regulations were published in the Government Gazette on Wednesday and will apply to lockdown alert levels 3, 4, and 5.
Google Calendar adds RSVP options for attending events virtually
As companies large and small settle on how they’ll return to working in-person, a hybrid work future, where working from home is common and expected, is beginning to seem like more of a reality. To accommodate hybrid workplaces, Google plans to expand RSVP options over the next few weeks to let users say whether they’ll
MultiChoice's bank accounts frozen in Nigeria over R63 billion tax debt
MultiChoice is facing the freezing of its bank accounts in Nigeria over a dispute involving 1.8 trillion naira (R63 billion) with the country’s Federal Inland Revenue Service (FIRS), Reuters reported. According to the report, the Nigerian revenue services instructed banks to freeze the accounts of MultiChoice Africa and its Nigerian subsidiary. FIRS alleged that MultiChoice
Imperial Logistics sold for R12.8bn
DP World plans to buy South Africa’s Imperial Logistics for $890 million (R12.8 billion), in what the port operator said would be its most significant acquisition in Africa so far. “Imperial’s business strongly complements DP World existing footprint in Africa and Europe,” the Dubai-based company said, adding that the deal demonstrates long-term confidence in the
Egypt notified that Ethiopia has resumed filling of giant dam
Egypt's irrigation minister said on Monday he had received official notice from Ethiopia that it had begun filling the reservoir behind its giant hydropower dam, the Grand Ethiopian Renaissance Dam (GERD), for a second year. Egypt has informed Ethiopia of its categorical rejection of the measure, which it regards as a threat to regional stability,
United States places South Africa on “Level 4: Do Not Travel” list
The United States has advised its citizens to avoid travel to South Africa because of COVID-19 and exercise increased caution due to crime and civil unrest. The Department of State placed South Africa on the “Level 4: Do Not Travel” list along with Bhutan, Botswana, Republic of the Congo, Malawi, Rwanda, and Sierra Leone. “Do
Zimbabwe introduces Z$50 banknotes to ease cash shortages
Zimbabwe will start circulating a new 50 Zimbabwe dollar note from Wednesday, central bank governor John Mangudya said, as authorities gradually introduce higher denominations in a country still haunted by memories of ruinous hyperinflation. Mangudya said 360 million Zimbabwe dollars ($4.2 million) worth of new notes would be injected immediately into the banking system, making
SA launches its first electric bus
The Western Cape Department of Transport on Monday said it was working with Golden Arrow Bus Services on a number of technology solutions to improve public transport in the province.South Africa's first active electric bus was officially launched in Cape Town on Monday. Golden Arrow Bus Services earlier this year started testing two fully electric
World's richest man Jeff Bezos sets new record for wealth with over R3 trillion
Jeff Bezos is leaving the rest of the world behind when it comes to wealth accumulation. The world’s richest man reached a record $211 billion net worth Tuesday after Amazon.com Inc. shares rose 4.7% after the Pentagon announced it was cancelling a cloud-computing contract with rival Microsoft Corp. The rally raised Bezos’s fortune by $8.4
Nvidia Corp. has built a U.K. supercomputer
Nvidia Corp. has built a U.K. supercomputer for scientists and drug makers that will allow researchers to model diseases, discover new medicines and advance knowledge of the human genome. The Cambridge-1 will be the country’s most powerful and one of the top 50 supercomputers worldwide. It was developed in partnership with AstraZeneca Plc and GlaxoSmithKline
Meet Andy Jassy, the man taking over $1.7 Trillion Amazon from Jeff Bezos
Jeff Bezos, who has served as the CEO of Amazon since founding the company exactly 27 years ago on July 5th, 1994, has officially stepped down from the role. Andy Jassy is now listed as the company’s CEO on its investor relations website, after previously having run Amazon Web Services since 2003, while Bezos is
Petrol prices increase again – Here's how much more you will pay from tomorrow
South Africans will be paying more for all fuel types in July following a surge in international oil prices over the last few weeks. On Tuesday, the Central Energy Fund (CEF) announced the new official prices for petrol, diesel, and illuminating paraffin, which will come into effect on Wednesday, 7 July 2021. The inland price
Samsung Electronics Q2 profit likely up 38% on strong chip prices
Samsung Electronics Co Ltd (005930.KS) likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centres. Operating profit for the world's biggest memory chip and smartphone maker likely jumped to 11.3 trillion
Facebook partners with Liquid to extend Africa fibre network
Facebook and Africa’s largest fibre company, Liquid Intelligent Technologies, are extending their reach on the continent by laying 2 000 kilometres (1 243 miles) of fibre in the Democratic Republic of Congo. The move will make Facebook one of the biggest investors in fibre networks in the region. The cable will eventually extend the reach
These are the nine apps that were found to be stealing Facebook logins and passwords
Google has removed nine popular apps from the Play Store that contained trojans that stole users’ Facebook login details. This comes after a report by Dr Web of how its malware analysts had discovered malicious code in the apps, which were downloaded more than 5.8 million times. The nine apps that were found to be stealing Facebook
SA alcohol industry wants R1.5bn excise tax holiday
With South Africa’s alcohol industry predicting that the current two-week ban on all liquor sales will result in R6.1 billion in lost retail sales, the sector is now lobbing the taxman and effectively the national treasury to defer at least R1.5 billion in related excise tax payments. “The latest 14-day ban of alcohol sales declared