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Satya Nadella named as chairman of Microsoft
Microsoft on Wednesday named CEO Satya Nadella as its new chairman, in place of John Thompson. Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up the business, including billion-dollar acquisitions like LinkedIn, Nuance Communications and ZeniMax. The company said Thompson, who took over as chairman from the
Credit Bureau release on 'rapidly escalating municipal charges
There is a direct correlation between the property market and the health of a country’s economy. When property prices go up both consumers and investors feel greater levels of confidence in the economy. Both the commercial and residential property sectors have a close correlation to business and investor confidence and the economy. At a time
Vodacom announces services to assist SMMEs with short-term cash flows, drive financial inclusion
Vodacom Financial Services announces its latest lending product, VodaLend | Business Cash Advance, which provides finance to smaller unregistered businesses in need of quick access to short-term cash advances. Offering finance between R3000 and R350 000 to customers using VodaPay point of sale (POS) devices, Business Cash Advance complements VodaLend’s range of lending products aimed
Amazon brings its cashier-less tech to a full-size grocery store for the first time
Amazon’s cashierless Just Walk Out technology is coming to a full-size grocery store for the first time, the company has announced. The new 25,000 square foot Amazon Fresh store is significantly bigger than the 10,400 square foot Amazon Go Grocery store it opened last year, or its standard 1,200 and 2,300 square feet Go stores,
Rand carries negative momentum into the week
The rand carried negative momentum into the new week as financial markets turned the attention to Wednesday’s FOMC decision, according to NKC Research. Trading volumes were also thinner as both Chinese and Australian markets were closed for holidays, which limited activity; even those market participants who were working in Asia were largely on hold before
Alexander Forbes sells its retail life business to Sanlam for R100m
ALEXANDER Forbes said yesterday it was selling its risk and retail life business, Alexander Forbes Life (AF Life), to Sanlam for R100 million as it reported a jump in assets under management during the year to the end of March. The group said the sale was subject to certain conditions, including regulatory conditions. Chief executive
Andries Delport steps in as as CEO of Dark Fibre Africa
Former Vodacom Group chief technology officer Andries Delport will replace Thinus Mulder as CEO of Dark Fibre Africa, Remgro-controlled DFA parent CIVH said on Monday. Mulder, DFA’s founding chief financial officer who has been with the business for the past 13 years, will leave the company at the end of September, CIVH and DFA said
SA to dispose of 2 million contaminated J&J vaccines
South Africa will dispose of 2 million Johnson & Johnson Covid-19 vaccines following a US ruling that ingredients for the country’s doses may have been contaminated during production in a plant in Baltimore, according to President Cyril Ramaphosa. The news marks a major setback in the country’s vaccine rollout just as a third wave of
Nigeria’s latest gas-related power shortages could have been avoided
On 28May 2021, Nigeria’s national power generation dropped to 3,059 MW and for the subsequent seven days remained below 4,000 MW, six percent below average production. Low pressure on the Escravos-Lagos Pipeline System (ELPS) left several gas turbine power plants with insufficient gas supply, leading to plant shutdowns and widespread power blackouts. Unlike gas turbine
How to customize your iPhone’s app icons
Have you ever wanted to make your iPhone your own, with your individualized style and flair? Sure, you can change your home screen wallpaper. But if you really want to personalize your phone, why not create your own app icons? It’s doable, using Apple’s built-in Shortcuts app. You actually won’t be replacing the icons that
Samsung halts production of S21 Fan Edition
Samsung Electronics has suspended production of one of its midrange phones because of a chip shortage, South Korea’s Electronic Times reported, in the latest sign of global semiconductor supply problems. The suspension of the Galaxy S21 Fan Edition was due to a shortage of Qualcomm’s application processors, the report said on Sunday, citing an unidentified
Key things to consider before taking credit in these trying times
Taking on credit in tough economic times might seem like a financial decision to steer clear of however credit taken for the right reasons and in a responsible manner can assist you in bettering your life. Emma Mer CEO of FNB Loans says, “If taking on credit is carefully considered and well budgeted for it
Microsoft teases new Windows 11 startup sound with 11-minute video
Microsoft is back teasing Windows 11 again. In a new video on YouTube, the software giant has published an 11-minute (ahem) collection of startup sounds from various versions of Windows. They’re all slowed down by 4,000 percent, and Microsoft positions this as a relaxing video for those far too excited by the Windows event on
Apple hires former Canoo CEO as it ramps up electric car project
Ulrich Kranz, a former BMW executive and the recently departed CEO and co-founder of EV startup Canoo, has been hired by Apple, the company has confirmed to The Verge. Kranz will reportedly work on the Silicon Valley behemoth’s electric car under Doug Field, the former Tesla executive who runs the day-to-day operations of the project,
Government sells majority of SAA to private entities
South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private equity firm, ridding the government of an entity that has long been a drain on state finances. A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private equity firm
Facebook could launch smartwatch soon; Dual cameras and heart rate monitor tipped
The demand for smartwatches has become equivalent to a smartphone. Apple is currently on the top list in the smartwatch industry. However, something is coming soon to compete with the Apple Watch. Facebook is planning to introduce its first-ever smartwatch soon. A camera on the front of the watch display exists primarily for video calling,
Did Apple just accidentally confirm the existence of an M1X MacBook Pro
Apple WWDC got wrapped up earlier this week. We saw the launch of iOS 15, macOS Monterey, and more software versions for Apple product lines, but there was one thing that did not come through. Ahead of WWDC, rumours were rife that Apple would launch a new MacBook Pro with a refreshed Arm processor that
Samsung announces a new image sensor for smartphone cameras
Samsung has announced a new image sensor for smartphone cameras that it says has the smallest pixels in the industry. The ISOCELL JN1 is a 50-megapixel sensor with a relatively tiny 1/2.76-inch format, meaning its pixels are just 0.64μm in size. For comparison, Samsung already broke records in 2019 with the slightly larger ISOCELL Slim
SAB to pour R2 billion investment back into South Africa
The storm clouds have seemingly parted for the booze industry, as South African Breweries (SAB) has announced its decision to pump billions back into South Africa. The move comes after a turbulent year, where alcohol bans and liquor restrictions decimated one of the cornerstones of our domestic economy. SAB TO MAKE ‘HUGE INVESTMENT’ IN SOUTH
SA to kick off key new citrus export deal
South Africa will now export citrus fruit to the Philippines, following the conclusion of negotiations that stretched over 12 years. On Tuesday, the citrus was seen off by a delegation of the Citrus Growers' Association of South Africa (CGA). The association said the new deal represents an export potential of 20 000 tons of citrus