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MTN poaches Telkom's chief financial officer
Tsholofelo Molefe replaces Ralph Mupita as group CFO and will support the execution of its growth and deleveraging strategy. MTN has poached Telkom group chief financial officer (CFO) Tsholofelo Molefe to fill the same role at the mobile network operator after Ralph Mupita was promoted to CEO. Telkom announced on Friday that she had resigned
Wescoal may have to review non-core assets and groupwide retrenchments as Eskom sales decline
Coal producer, Wescoal, says offtake by Eskom and other trading clients has not recovered to pre-lockdown levels. Wescoal says it's looking at cutting costs, reducing production and rescheduling capital expenditure after sales to Eskom and other trading clients failed to recover from the decline during the national lockdown earlier this year. The coal miner says
Twitter is updating rules to ban hateful speech
The microblogging and social networking company, Twitter has revealed that it will not be tolerating any hateful speech and it is updating the rules to ban anything that is in line with hateful conduct. Recently making the announcement on the website, Twitter said they create their rules to keep people safe on Twitter, and they
You can now repair your iPhone 11 screen for free from Apple
Apple is now offering fixing for Apple iPhone 11 devices, as a number of them have experienced problems with their screens where the display stops responding to touch inputs. The technology company published a statement on their website, confirming the issue, and said it would offer free display replacements to owners of affected devices. “Apple
The Wristcam is a camera for your Apple Watch
A strap for an Apple Watch equipped with front- and rear-facing cameras is finally launching after nearly four years in development. The Wristcam has an 8-megapixel camera that can shoot 1080p video and take stills in 4K resolution and a 2-megapixel camera for selfies. The company says you’ll also be able to use it as
Black Women were among the fastest-growing Entrepreneurs until Covid arrived -Forbes writes
Sherika Wynter was on a roll. Since releasing an insulated luxury tote bag for professionals in 2018, and subsequently selling out three times, her Maryland-based research and development company Thomas & Wynter had been featured in British GQ and the International Business Times and on several local news segments. She walked into February 2020 with more notches on her
Street cameras rolling out across Gauteng, initiated by Fidelity and Vumacam
One of South Africa’s home and commercial security companies in partnership with Vumacam, Fidelity has revealed that it is rolling out an extensive surveillance camera system across Gauteng. Vumacam cameras are connected via the Vumacam network and monitor streets across the province to aid in security and crime prevention. “Vumacam cameras are fibre-connected to Vumacam’s
Ngozi Okonjo-Iweala adjudged the ‘2020 African of the Year’
About 17 years ago, Dr. Ngozi Okonjo-Iweala challenged Nigeria’s patriarchy by becoming the longest-serving finance minister, the first foreign minister, and most importantly, the first woman to ever hold those positions. Ngozi Okonjo-Iweala has been adjudged the ‘2020 African of the Year’. Previous winners have been Rwandan President Paul Kagame (2018) and African Development Bank
Exxaro’s Leeuwpan Mine welcomes Rietkuil families to their new homes
Today, Exxaro hosted an official Rietkuil Housing Handover Ceremony to celebrate the completion of the company’s Leeuwpan Mine Rietkuil Resettlement Project after five years of hard work. The auspicious event was attended by key Exxaro executives, the MEC of Human Settlements Mpumalanga, Ms Nora Mahlangu, Victor Khanye Local Municipality Executive Mayor – Councillor KV Buda,
TOP 35-UNDER-35 2020: meet the winners
Lead:Nancy Chakabuda (34), Africa Middle East Controls Leader, Cummins Africa Middle East Game changer: Manqoba Kubheka (32), General Manager: Licensing, SAMRO More on the winnersThe winners are considered by the judging panel as the cream of the crop among this year's Top-35-under-35 CAs(SA), who have gone the extra mile to achieve their career aspirations. Indeed, all
Vodacom on a mission to help those facing abuse with a new free app
The Vodacom Foundation is on a mission to assist those fighting against gender-based violence and domestic abuse in South Africa, and they have created a free app to help them do just that. There has been a rise in GBV cases in the country that came with the national lockdown. According to the latest GBV
E-toll collection contract extended for additional year by Sanral
E-tolls on the Gauteng Freeway Improvement Project (GFIP) are set to continue after Sanral engineering recently confirmed that the contract awarded to Electronic Toll Collections (ETC) for the management and collection of e-tolls has been extended by a further year — until 2 December 2021. “This will bring the contract to the maximum eight-year period,
Salesforce purchases Slack for $27.7 billion
Reported to be the largest acquisition to date, Salesforce has purchased messaging app Slack for an incredible $27.7 billion. The deal is still to be approved by the relevant regulatory bodies but is expected to conclude towards the end of Q2 2021. The American cloud-based software company, Salesforce has grown to be a giant as
DStv introduces a new standalone streaming service in South Africa
DStv has revealed that it is rolling out its standalone streaming service. This service will be allowing users to sign up for the full DStv experience without a decoder or satellite connection. “Announced earlier this year during DStv’s showcase, DStv streaming allows for existing and new customers to conveniently access content on their preferred device
Eskom looking at up to R5-million in fines over pollution at Kendal power station
The South African electricity public utility, Eskom has really gotten themselves in trouble with the law, and this time around the charges are bigger than before. The company is looking at fines of up to R5-million under South Africa’s air quality legislation for supplying blatantly false and misleading information about its toxic pollution at the
Huawei launching a digital wallet in South Africa in partnership with Zapper
Huawei Technologies Co. has revealed that it will be launching a mobile payment service in South Africa this week, Huawei Pay, in partnership with the mobile payment company, Zapper. The payment method supports debit and credit cards across all of South Africa’s top banks. Huawei users will have to install the Huawei Wallet app from
Samsung Electronics may discontinue its premium Galaxy Note phone next year – Sources
Samsung Electronics Co Ltd may discontinue its premium Galaxy Note phone next year, sources with knowledge of the matter said, a move that would reflect the sharp drop in demand for high-end smartphones due to the coronavirus pandemic.FILE PHOTO: Samsung Electronic's Galaxy Note 20 smartphone is seen on a display during a driving-through event for
Zambia to remain Africa’s second top copper producer after DRC – Chamber
ZAMBIA’S copper production is likely to remain below one million metric tonnes for at least another three years given the persistent challenges mining companies still face, says the Zambia Chamber of Mines. Last week, Mines Minister Richard Musukwa announced that copper production had increased to 646,111.25 metric tonnes by September 30, this year, up from
Elon Musk is not the second richest person in the world — Forbes
Thanks to Tesla’s roaring stock, Elon Musk’s net worth has nearly quadrupled during the Covid-19 pandemic, racing from $24.6 billion in mid-March to a current $126.8 billion by Forbes’ estimate. But despite this meteoric rise, the 49-year-old is not the world’s second-richest person yet. Forbes currently has Musk in the No. 3 spot, behind Jeff
Standard Bank uncertain if it will pay a final dividend this year
After holding back on an interim payout, the Standard Bank says a final dividend will depend on a host of factors including regulatory guidance. Standard Bank is undecided on whether it will pay a final dividend this year as its operations continue to be affected by the fallout from Covid-19. It held back on an