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Dis-Chem DeliverD 60-minute delivery service launched
Dis-Chem has begun public testing of DeliverD, an online service available from its smartphone app that offers 60-minute deliveries from specific branches around the country. At the branches where the DeliverD service is available, it runs 7 days a week and Dis-Chem charges a flat delivery fee of R60 on all orders. “Dis-Chem DeliverD complements our
MTN faces lawsuit after cutting off the Internet in Eswatini
Eswatini’s biggest mobile operator, MTN, has been sued after the company cut off users’ access to the Internet on 29 June in line with a government directive. JSE-listed MTN Group, which owns 30% of MTN Eswatini, said on Friday that it is one of several respondents cited in the legal action. Others include the state-controlled Eswatini
5 important things happening in tech today
A ransomware attack affecting 17 countries, including South Africa, was launched by Russian hacking group REvil, and the hackers are demanding almost R1 billion. Apple is looking to move its workforce emphasis from Silicon valley amidst struggles to retain and sustain staff members. Facebook is starting to test Twitter-like threads. Google removes 9 apps from
Good news for South African agriculture as EU adds Rooibos tea to its register of products
The European Union recently added rooibos (red bush) tea to its register of products with a protected designation of origin. The iconic tea is the first African product to receive such status in the EU, and the 40th from a non-EU country. Rooibos is in good company – this is the same kind of protection
Consumers and businesses urged to beware of latest fraud modus operandi– remote access scams
05 July 2021: While people and businesses continue to scale the use of digital services in the new normal, cyber criminals also introduce new opportunistic scams. Remote access scams are a new fraud modus operandi, which entails scammers posing as IT department representatives from telecoms providers and/or banks to trick victims into relinquishing control of their
Airlink haults flights between Johannesburg and Eswatini
Eswatini Airlink and its operating partner Airlink, the South African-based domestic and regional airline, have cancelled flights between Johannesburg and King Mswati III International Airport. According to a statement released by Airlink, the flights are cancelled until Monday. Affected ticket-holders are being contacted to rebook them onto flights as soon as operations resume. Meanwhile, Economic
How to avoid your bank card getting cloned and money stolen
South Africans should be aware of the various techniques used by criminals to skim or steal their bank cards, which can include elaborate social engineering tricks and posing as bank employees, SABRIC CEO Nischal Mewalall has said. According to the South African Banking Risk Information Centre (SABRIC), victims of reported counterfeit credit card fraud lost
Ethekwini readies to steer private power generation plans
Ethekwini, the South African municipality that includes the port city of Durban, plans to seek initial proposals for the construction of 400 megawatts of power generation. The so-called request for information will be the first by a South African municipal area since the government said last year that cities could buy electricity from providers other
Naspers CEO Bob van Dijk earned R247 million in the last financial year
Naspers CEO Bob van Dijk earned $16.7 million (R247.2 million) in the last financial year. This was revealed in the company’s integrated annual report for the year ended 31 March 2021. The report showed that Van Dijk earned a basic salary of $1.4 million (R21.5 million rand), with short-term incentives of $1.4 million (R21.1 million).
South African Rand takes a dive as country is gripped by its third wave of COVID-19
The rand weakened early on Monday morning after the country was moved to an adjusted level 4 lockdown for 14 days. President Cyril Ramaphosa has indicated that the rising rate of infections calls for firmer lockdown measures. With daily Covid-19 infections doubling in the last two weeks, Ramaphosa announced stricter lockdown rules that will have
Motsepe, Distell invest more than R1.4bn in Kenyan city
South African companies have invested more than $100 million (about R1.4bn) in Tatu City, a special economic zone just outside Nairbobi, Kenya with an area of more than 2000 hectares. The development represents one of the largest concentrations of South African foreign investment in Kenya and East Africa. SA HIGH COMMISSIONER VISITS TATU CITY PROJECTS
Biggest China bank walks away from $3bn Zimbabwe coal project
China’s biggest bank dumped a plan to finance a $3 billion coal-fired power plant in Zimbabwe, dealing a blow to coal developers in Africa that see the Asian country as the last potential funder of their projects. Industrial and Commercial Bank of China told Go Clean ICBC, an ad-hoc body representing 32 environmental groups, that
World Wide Web source code NFT sells for R77 million
The original source code for the World Wide Web sold at Sotheby’s on Wednesday for $5.4 million (R77 million), up from a starting bid of just $1,000. The code was sold by Tim Berners-Lee, a computer scientist credited with writing the source code that forms the basis of the World Wide Web. Berners-Lee consigned the
EOH CEO under fire for splurging millions on legal fees while firing staff and cutting salaries
EOH CEO Stephen van Coller is under fire for spending millions on lawyers and consultants when employees were hit with salary cuts and retrenchments. This criticism followed news that EOH sued four of its former executives, including founder Asher Bohbot, for R6.4 billion. EOH said this action “closes off its inherited legacy issues and holds
After 8 years, the POPI Act is fully enacted on 1 July 2021
Consumers and legitimate businesses should welcome the next stage in the implementation of a law to better protect your privacy and to allow legitimate businesses to engage with you on a basis that will make doing business better. It was first enacted in 2013 with the last of the provisions coming into effect from 1
Data breach hits major SA insurance player
QSure, a big player in South Africa’s insurance industry, has been hit by a data breach in which bank account numbers and other sensitive information were compromised by a third party. The company would not say how many records were exposed through the breach, only that the incident is “still being investigated”. “On 9 June
Global tourism crash may cause $4trn loss to world economy
The slump in tourism caused by Covid-19 will cost the global economy more than $4 trillion for 2020 and 2021, much worse than anticipated, as an uneven vaccination rollout crushes developing countries that are highly dependent on international visitors. The losses this year alone could amount to $1.7 trillion to $2.4 trillion, even as international
Nigeria adds SA to its Covid-19 ‘red list’ for arriving travellers
Nigeria is adding South Africa to its “red list” of countries for which there are stringent restrictions for arriving passengers, officials said during a briefing on Monday. Nigeria is introducing the restrictions due to the spread of the Delta variant in South Africa, Chikwe Ihekweazu, the head of the Nigeria Centre for Disease Control, said.
Facebook becomes a $1 trillion company
Facebook has joined the ranks of companies valued over a trillion dollars as of today’s market close. The company’s market cap is sitting at $1.008 trillion according to Yahoo Finance, putting it over the mark for the first time in its history. Some of the most notable of Facebook’s divisions are the Facebook site itself,
Vodacom’s VodaPay Super App delivers new business opportunities to transform South Africa’s digital economy
The arrival of Vodacom’s VodaPay Super App is set to be a game changer for driving financial inclusion and economic growth in South Africa. Developed by Vodacom Financial Services in partnership with leading global digital lifestyle services platform Alipay, VodaPay is an all-encompassing mobile payments solution that has been customised to meet the specific lifestyle