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Exxaro collaborates with the Steve Tshwete Local Municipality to empower local entrepreneurs
Exxaro Resources has partnered with the Steve Tshwete Local Municipality and mining companies Arnot OpCo, Anglo-American Coal South Africa and Glencore to establish enterprise development centres for local entrepreneurs in the township of Mhluzi. The establishment of an Enterprise Development Centre (EDC) is one of the Local Economic Development projects which Exxaro committed to in
Enspired Women Mag expands their horizons launches new offices in Johannesburg
Coming soon to the heart of Johannesburg is one of Port Shepstone's leading news platform, Enspired Women Magazine. Enspired Women Magazine will open and move into its new office building in Johannesburg by December 2020. According to the founder and director of the magazine, Reshma Maharaj, the newly launching office facility is the company’s latest
The best Black Friday deals on Apple devices
It’s rare that Apple slashes the prices on its own products. Fortunately, other retailers are putting a lot of Apple products on sale for Black Friday. A bunch of retailers like Amazon, Best Buy, B&H Photo, Walmart, and Woot are slashing the prices on everything from wearables to its wireless earbuds. Additionally, the online Apple
Mr Price powers up with acquisition
The value retailer is also adding baby, school uniform and gifting lines to its offering. Mr Price is buying fellow Durban-based clothing retailer Power Fashion as it expands its presence in the mid to lower end of the market. Alongside its interim results yesterday, the value retailer said it would spend about 4% of its
Nampak prepares investors for a loss
Nampak will report a full-year loss due to the impact of Covid-19 on its operations, big impairments and foreign currency movements. In a trading statement, the packaging group said Covid-19 affected trading conditions over the year to end-September with the result that it booked impairments totalling R4 billion. These consisted mainly of a R2.2 billion
Billionaires, Bezos and Ambani battle for India retail supremacy
Jeff Bezos and Mukesh Ambani, two of the world’s richest men, face a turning point in a battle for preeminence in India’s booming, nearly trillion-dollar retail market. Amazon, Reliance and Future did not respond to requests for comment. Bezos’s behemoth is a formidable foe, but Ambani has a history as a disrupter. He has shaken
Facebook cryptocurrency Libra to launch in January
Facebook’s Libra cryptocurrency is readying to launch as early as January, the Financial Times reported on Friday, citing three unidentified people involved in the project. The Geneva-based Libra Association that will issue and govern Libra plans to launch a single digital coin backed by the dollar, the FT said, citing one of the people. The
Twitter set to relaunch the ‘blue tick’ verification programme
The American microblogging and social networking service, Twitter has put the verified account programme on hold. It now has released plans for its new policy on how people are “verified” on the site, an area the company has long promised to revamp to address confusion and criticisms over the blue check-mark badges it uses to
Uber launches a more affordable trip option for Joburg and Cape Town, UberNam
The freight transportation company, Uber has revealed that it is launching a more affordable ride option for Johannesburg and Cape Town that has trips starting from as little as R19, UberNam. Uber announced that the new option is currently under testing, which will feature rides from drivers with hatchback cars. These cars are considered more
Discovery Bank introduces new features, including a virtual card
Discovery Bank has revealed that it is introducing a couple changes to its digital banking services with the latest release of its mobile application. The changes include virtual cards for online shopping, the ability for clients to get up to 20% off when they spend their Discovery Miles online and in-store through the bank’s partner
Venus Williams’ Advice For Entrepreneurs: Don’t Let Fear Take Over—Just Push Through It
Tennis champion and Olympic gold medalist Venus Williams has some advice for the more than 30 million small business owners and entrepreneurs across the U.S. struggling to find their footing in the new normal: Don’t let fear take over. It’s a lesson she learned at the age of 19 while competing with sister Serena, then
From selling candy to tasting sweet success
Zibusiso Mkhwanazi employs the ‘strategic creative firepower’ he uses in advertising to help businesses innovate and survive the current crises. Today, he is the Group CEO of M&N Brands and co-founder of Avatar, but Zibusiso Mkhwanazi’s entrepreneurial journey started in primary school, when he would sell sweets to make transport money. The sugar rush was
You can now “Scan to Pay” from Capitec bank
Capitec bank has revealed the launch of “Scan to Pay” QR code payment option in the latest banking app. Capitec said this is the only Scan to Pay offering from a South African bank that can be used across all major QR code-based payment providers, including SnapScan and Zapper. According to the statement released by
Elon Musk makes world’s second richest person, displacing Bill Gates
South Africa’s very own tech entrepreneur, Elon Musk has taken over the second richest person in the world, displacing Microsoft founder Bill Gates. According to reports by the Bloomberg Billionaires Index, which ranks the Tesla CEO with a $127.9 billion fortune, above Gates ($127.7 billion) for the first time. Musk is said to have begun
Bolt launches an emergency response button
Bolt, formerly known as Taxify, has launched an emergency response button to ensure the safety of their customer rides. The SOS button is found within the Bolt app’s Safety Toolkit and allows passengers to connect with 24/7 private armed response teams, private emergency medical services, and roadside assistance. According to the statement released by the
Ministers intervene on the SABC retrenchments and hold it back
The South African Broadcasting Corporation (SABC) recently revealed that they have plans to cut down up to 400 jobs and freeze salaries. Now that it is going under political and union pressure, the SABC board has decided not to proceed with the retrenchment until at least January. The delay plan comes despite the board’s insistence
Uber Pass lands in South Africa at R100/month
Uber has launched Uber Pass in South Africa, a R100/month subscription that works across the company’s ride-hailing service and its food-delivery platform offering various discounts. South Africa is the first market in Europe, the Middle East and Africa to get the Pass subscription service. The service is available across South Africa. “For anyone relying on
Telkom launches call centre for cancellation and retention services
After all the complaints around the difficulties of cancelling a Telkom contract, the telecommunications company has announced the launch of a cancellation and retention call centre to streamline customer service process. The inbound Interactive Voice Response (IVR) call centre will allow customers to speak to an agent. The new Cancellation/Retention Call Centre allows customers to
Jeff Bezos set to invest in latest African FinTech VC deal
Amazon CEO Jeff Bezos, has agreed to back Africa-focused financial technology company Chipper Cash, making it his first start-up investment on the continent. The world’s richest man’s personal venture capital fund, Bezos Expeditions, supported the series-B funding led by Ribbit Capital, which raised US$30 million for the San Fransisco-based company. “Jeff Bezos’s backing of Chipper
Nikon to cut down jobs on slump in camera business
Nikon Corp. is making plans to reduce about 2,000 employees, or 10% of its total workforce, due to a slump in its core camera business, Nikkei reported. Its business was also impacted by the performance of Intel, one of Nikon’s key clients of semiconductor equipment, the daily reported, without saying where it got the information.