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Zim telecoms Billionaire Strive Masiyiwa appointed as Netflix board member
Zimbabwean telecoms billionaire is raising the African flag high after being appointed as Netflix's board member. Masiyiwa is the founder of Econet Group which has operations and investments in 29 countries in Africa and beyond includes Econet Wireless, Zimbabwe’s leading mobile operator; Liquid Telecom, the pan-African broadband company and its subsidiary Africa Data Centres, the
Samsung keeps Apple on its toes with Samsung’s Galaxy Buds Pro wireless earbuds
Samsung’s Galaxy Buds Pro have leaked again, this time in a full 360-degree animation courtesy of Evan Blass. The latest @Evleaks drop gives us our best look yet at how Samsung’s latest true wireless earbuds will look from every angle. Rumored to arrive alongside the Galaxy S21 in January, Samsung’s followup to the Galaxy Buds Live and
Meet Forbes listed 10 youngest Billionaires
From makeup mogul Kylie Jenner to Hong Kong real estate heir Jonathan Kwok, these 10 billionaires are worth $15.9 billion combined according to Forbes Africa. Of the 2,095 billionaires in the world, only ten are 30 or younger. Together, this precocious bunch is worth $15.9 billion. They span the globe, hailing from the U.S., Brazil,
Prosus joins Naspers on A2X exchange markets
The inclusion of Prosus will take the combined market cap of companies listed on the stock exchange to almost R5 trillion. Naspers spinoff Prosus will become the 40th company to list on A2X Markets when it joins the exchange next Wednesday. The global consumer internet group, which was listed and unbundled by Naspers last year,
Delta Property Fund listing suspended by JSE
Delta Property Fund plans to release its restated results before the end of February when it will ask for the suspension to be lifted. The JSE suspended trading in Delta Property Fund on Tuesday after it withdrew its annual financial statements and postponed the release of its interim results in the latest accounting scandal to
FNB gives safety tips to remember when using an ATM during this festive season
The festive season is upon us, and while many will be taking the much-needed break, fraudsters will be hard at work to find ways to scam you. According to SABRIC, the festive season is traditionally a busy period for fraudsters because they take advantage of the fact that consumers receive bonuses, spend more money and are generally
Twitter Periscope apps will be shut down by March 2021
Twitter has announced that it’ll be shutting down Periscope as a service, with the company set to discontinue the Periscope applications by March 2021. Twitter will, however, continue to offer live video streaming through its integrated Twitter Live feature within the main Twitter app. “The Periscope app is in an unsustainable maintenance-mode state, and has
Siri can now play animal sounds and more
With yesterday’s release of iOS 14.3, Siri got a new trick: the ability to play real-world sound samples on command. Ask “Hey Siri, what does _____ sound like?” and it will start playing the sound for you. If you ask on an iPhone or iPad, it will show you a picture as well. Google Assistant has
Workforce buys OpenSource Intelligent Solutions
The recruitment company, Workforce Holdings has bought software, OpenSource Intelligent Solutions and OpenSource International, with effect from 1 January 2021. The maximum purchase consideration is R24 208 875, subject to OpenSource achieving certain performance targets over three years. OpenSource is a South African and Mauritius-based business established in 1993. The company places skilled SAP resources
Delta director JJ Njeke withdraws resignation
The move follows the withdrawal of its most recent financial statements after its auditors withdrew their audit opinion on evidence of fraud. Delta Property Fund says lead independent director JJ Njeke has reconsidered his decision to resign from its board of directors. He rejoins as Delta faces damage to its reputation after it withdrew its
FNB's six tips to withdraw your stokvel contributions safely during the holiday season
The stokvel market remained resilient to the challenges presented by the COVID-19 pandemic, with contributions continuing throughout 2020. While many members are looking forward to splitting their stokvel dividends ahead of the holiday season, fraudsters are also eagerly waiting and looking for ways to scam members of their stokvel contributions. Stokvel-related robberies and thefts are most
Lenovo introduces world’s first foldable laptop in South Africa
Lenovo launched the world’s first foldable laptop a couple of months ago, and now the company has introduced the laptop to South Africa. The foldable computer is now available for pre-order from Lenovo’s South African website for the retail launch early in the new year. The ThinkPad X1 Fold converts from a big, powerful tablet
Chip sales might just improve in 2021
Computer electronics companies are currently looking at a possibility of sales being improved going into year 2021, although according to analysts, these tailwinds could be tempered by stock prices that are near all-time highs. The Philadelphia Semiconductor index rose 1.2% on Monday, bringing its year-to-date advance to nearly 50%. The industry benchmark has easily outperformed
You can now pay for your Gautrain trips using Samsung Pay
Samsung Group has revealed that you can now use its contactless payment solution, Samsung Pay, at any Gautrain station. Samsung Pay allows you use the NFC chip of your Galaxy smartphone or smartwatch to complete contactless payments on card machines, and this new update means that users can also use the payment solution at Gautrain
Amazon set to generate its own electricity in South Africa
The American multinational technology company, Amazon is set to generate its own electricity to run through the grid of South Africa’s struggling state-owned power utility Eskom, and it has emerged that it will source the power from a giant solar farm to be built in the Northern Cape. The project has already been approved by
Curfew extended: Hotels, restaurants and shebeens pay the price for the failures of the state
President Cyril Ramaphosa held what many consider a "family meeting to address the current status of the coronavirus pandemic in the country. The president took to the hot pulpit on Monday evening to announce that the sale of alcohol from retail outlets will only be permitted between 10am and 6pm from Monday to Thursday. Ramaphosa
Vodacom 5G network comes to KwaZulu-Natal
Telecoms company, Vodacom has introduced its 5G network around several locations in KwaZulu-Natal on Monday. Coverage is currently available on 156 live 5G sites across the KwaZulu-Natal province and supports both mobile and fixed wireless access services. For the first phase of the rollout, 5G has been deployed in the following areas: eThekwini Pietermaritzburg Richards
Forbes Africa’s 30 Under 30 Class Of 2021 nominations open
FORBES AFRICA is on the hunt for Africans under the age of 30, who are leading the charge building brands, creating jobs, and transforming the continent, to join the magazines Under 30 community for 2021. Attention entrepreneurs, creatives, sports stars and technology geeks — the 2021 FORBES AFRICA 30 Under 30 nominations are now officially
Eskom headed for another full-year loss
South Africa’s Eskom Holdings SOC Ltd. is headed for another full-year a loss as fundamental problems remain even after making a profit of 83 million rand ($5.5 million) in the first half of its fiscal year. The improvement in net income for the six months though September follows a loss of 1.9 billion rand a
SpaceX Starship SN8 explodes upon landing after test flight
The American aerospace manufacturer, SpaceX is breaking boundaries and it has set itself is to get Starship off the ground in record time. It moved swiftly from static fire tests, to low altitude tests and now to high altitude flight tests. This week’s high-altitude test of the Starship SN8 prototype started very well and ended