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Top 10 strongest and most valuable currencies in Africa (2021)
African currencies have evolved from barter trade systems to paper money. In the Forex market, investors have, in recent times, started to trade the currencies because some are no longer prone to fluctuations in commodity demand and supply. Some of the highest currencies in Africa are from nations that have a wealth of commodities. So,
How to keep your electronic devices safe during load shedding
Eskom has warned that there may load shedding episodes for some time. There is literally nothing that can be done about the situation than being prepared. Load shedding can be really frustrating. During all these latest power cuts, chances are you may have already experienced the results of a powerful surge on your appliances. It
Heineken to cut 8,000 jobs as company feels pandemic effect
Heineken NV plans to cut about 8,000 jobs, the Dutch beer group said on Wednesday, seeking to restore operating margins to pre-pandemic levels after a sharp decline in profit because of coronavirus restrictions. The world’s second-largest brewer, which makes Europe’s top selling lager Heineken as well as Tiger and Sol, said it would save 2
Tax increases for South Africans this month
In 2020 there was a glimmer of hope as we saw no major tax increases to personal income tax (PIT) and no changes to the corporate or value-added tax (VAT) rate, says Carla Rossouw, tax lead at Allan Gray. Instead, the focus shifted to reducing government spending, which included reducing the public wage bill by roughly
Hyundai determined to build ‘walking car’ with four legs
Tesla and Apple better up their car-making game after Hyundai's latest announcement? Hyundai, which recently acquired a controlling stake in robot maker Boston Dynamics, rolled out a new version of its four-legged “walking car” concept that it first unveiled in 2019. Hyundai is calling it TIGER, which stands for “Transforming Intelligent Ground Excursion Robot.” It’s the
Eskom announces stage 3 load-shedding ahead of the State Of The Nation Address
Eskom has announced that stage 3 rolling blackouts will be implemented from 1pm on Wednesday. The announcement comes a week after the power utility announced stage 2 last week. Load-shedding will continue overnight until 6am on Thursday. The power utility said load-shedding had to be introduced “following the loss of generation units and to replenish
Salesforce cancels the 9-to-5 workday routine, will let some employees work remotely from now on
Cloud computing company Salesforce is joining other Silicon Valley tech giants in announcing a substantial shift in how it allows its employees to work. In a blog post published Tuesday, the company says the “9-to-5 workday is dead” and that it will allow employees to choose one of three categories that dictate how often, if
Adobe makes it easier to share Photoshop and Illustrator projects with collaborators
Adobe is making it easier for multiple people to work on the same file in Photoshop, Illustrator, or Fresco. The three apps are getting a new feature called “invite to edit,” which will let you type in a collaborator’s email address to send them access to the file you’re working on. Collaborators will not be
Apple to replace these 2016 and 2017 MacBook Pro batteries for free if they don’t charge past one percent
Apple has launched a new, free battery replacement program for 2016 and 2017 MacBook Pros that won’t charge past one percent. The issue affects “a very small number of customers,” according to Apple. If your battery is affected, you’ll see a “Service Recommended” message when checking the battery health status. “If the status indicates that
SONA 2021 expectations
President Cyril Ramaphosa is expected to deliver the State of the Nation Address on Thursday 11 February at 7pm. As it is, there are calls for the President to outline solutions to the jobs bloodbath exacerbated by the coronavirus. President Cyril Ramaphosa will deliver the State of the Nation Address on Thursday under immense pressure
Agricultural machinery sales skyrocket in SA
AGRICULTURAL machinery sales last month continued to register growth, indicating confidence in the sector’s outlook. In January, tractor sales increased by 28 percent to 445 units compared with 348 units in January last year. Last month saw the sale of five combine harvesters, a similar number as that of last year. South African Agricultural Machinery
The latest bizarre anti-Apple Watch that looks broken on purpose
Two years ago, a watch brand little known outside the world of high horology revealed something that looked uncannily like an Apple Watch. Except it wasn’t. It was the antithesis of the Apple Watch. It had no dial, hands or any other visual means by which to tell the time. And it cost £274,852. Two years
Saudi Arabia plans to build an entire city in a straight line, for Some Reason
Saudi Arabia has shared a wild idea to build a city without roads, where 1 million people will live in one long line along a core train track. Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Prince of Saudi Arabia, said in his Apple-like announcement that no one will live more than a “5-minute
Government announces national minimum wage increase
The SA government has published a new national minimum wage: R21.69 per hour. This is an increase of 4.5% from last year Last year, the National Minimum Wage Commission recommended that the minimum wage be increased by inflation (currently around 3%) plus 1.5%. It noted that inflation for poorer households is currently significantly higher than
Huawei’s CEO wants to have a peace talk with President Biden
Huawei founder and CEO Ren Zhengfei has called for a reset in relations between the US and the Chinese tech giant. Speaking to international media in China for the first time in more than a year, Ren expressed willingness to speak with President Biden and said he hoped for an “open policy” from the new
Zoom introduces facial effects to add the fun in meetings
While Zoom was originally created as a serious meeting application for businesses, it has since become one of the most-used services during the pandemic for anyone who wants to have a face-to-face virtual conversation. As a result, the company has been adding more fun stuff, such as weird backgrounds, to use for online family gatherings,
Bitcoin price soars as market reacts to Tesla purchase
The price of Bitcoin hit a new all-time high on Monday as investors reacted to news that Tesla had purchased $1.5 million of the cryptocurrency, and that the car maker planned to accept it as payment. Shortly after the news broke, Bitcoin crossed the $44,000 mark for the first time. The milestone comes on the
Sona2021: No usual hype and excitement, straight to business!
As we approach the near days of this year's State of the Nation address, expectations are building up with opposition parties and the ANC's allies calling for drastic action. There won't be the usual pomp and ceremony and excitement, but it is still going ahead. This week we will hear President Cyril Ramaphosa’s State of
Leaked photos of the OnePlus 9 Pro indicate a possible feature of Hasselblad-branded cameras
Leaked images of the unannounced OnePlus 9 Pro suggest the flagship smartphone will include a Hasselblad-branded camera array. The images shared in a recent Dave Lee YouTube video show four cameras on the rear of the phone. These include wide-angle, ultra-wide, and telephoto lenses, the latter of which appears to offer up to a 3.3x optical zoom.
Tesla to accept bitcoin as payment in ‘near future’ after buying $1.5 billion worth of cryptocurrency
Tesla says it has invested $1.5 billion in the bitcoin cryptocurrency. The electric car manufacturer filed its annual 10-K report with the SEC this morning, and revealed the new bitcoin investment. Tesla says it will also “begin accepting bitcoin as a form of payment for our products in the near future.” Tesla customers have been