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  • News & OpinionTebogo Nkabinde04 Jul 2022

    MTN and Huawei to help power Southern Africa’s first 5G-enabled smart metal mine

    In a recent announcement, Nkwe Platinum and South Africa Zijin Platinum have disclosed that they have come into a partnership with Huawei and MTN to build the Southern Africa region’s first 5G-enabled smart metal mine. For more than 20 years, the Zijin Mining Group has regarded scientific and technological innovation as its primary driving force,

  • Funding & FinanceTebogo Nkabinde04 Jul 2022

    World Bank appoints Victoria Kwakwa as new VP for Eastern and Southern Africa

    The World Bank has appointed Victoria Kwakwa as the new World Bank Vice President for Eastern and Southern Africa. Kwakwa, an economist and development expert with over 30 years of experience, will lead an active regional program including a financing portfolio of over 300 projects totaling more than $50 billion and extensive policy research and

  • Funding & FinanceTebogo Nkabinde04 Jul 2022

    Facebook shuts down cryptocurrency wallet

    Facebook’s holding company, Meta, is shutting down its Novi cryptocurrency wallet after it only made it to the piloting phase of the project, Bloomberg reported. Both the Novi app and the wallet on WhatsApp will no longer be available come 1 September 2022, and Meta is asking its users to withdraw their funds “as soon

  • Trade & IndustryTebogo Nkabinde04 Jul 2022

    South Africa to face petrol price increases on Wednesday

    The Central Energy Fund, on behalf of South Africa’s energy department, has announced fuel price increases for July 2022, with substantial increases for motorists driving petrol and diesel vehicles. Unleaded 93 petrol will increase by R2.37 per litre on Wednesday, 6 July 2022, while unleaded 95 will be R2.57 more expensive. That will push the inland petrol

  • Funding & FinanceTebogo Nkabinde04 Jul 2022

    #SavingsMonth: FNB's Product Head Ester Ochse gives tips on how to start saving for your retirement

    04 July 2022: For many young people the idea of saving for retirement seems like something that needs to be done only when one is much older, more settled, or has paid off debts. But then we hear the scary statistic highlighting that only 6% of South Africans can afford to retire financially independent. That

  • Trade & IndustryTebogo Nkabinde01 Jul 2022

    SA business sector calls for Eskom CEO Andre De Ruyter to vacate office

    The South African business sector is seriously concerned with the ongoing power cuts as implemented by Eskom. Many business leaders believe heads must roll at the embattled state-owned power-generating entity and the blame is solely on CEO Andre Marinus De Ruy​t​er. South Africa is currently on stage 6 of load shedding and the move has

  • News & OpinionTebogo Nkabinde01 Jul 2022

    Work WhatsApp groups could be breaking South African law

    South African employers should be aware that sending staff instructions outside of their specified working hours could be unreasonable under labour laws. That is according to SchoemanLaw Inc senior professional assistant Kavita Kooverjee, who recently penned a short article discussing the use of WhatsApp for work-related communication. Kooverjee explained that the Basic Conditions of Employment Act determined

  • TechnologyTebogo Nkabinde01 Jul 2022

    Telkom Kenya and Lipa later announce a new device financing plan

    Telkom Kenya and Lipa Later have announced a new device financing plan to help Kenyans with smartphone purchases. Telkom is excited to announce this partnership as it speaks to our belief that access to Mobile Data is a fundamental human right. This is due to its strategic potential to progressively address digital inclusion; ensuring the

  • Trade & IndustryTebogo Nkabinde01 Jul 2022

    Red alert: Here is your load-shedding schedule for the weekend

    Eskom says load-shedding must continue over the weekend as it suffers significant generation losses due to an ongoing illegal strike by several power plant workers. In a media briefing on Friday morning, Eskom chief executive officer André De Ruyter said the utility had around 13,609MW of unplanned capacity losses and a further 3,104MW unavailable due

  • TechnologyTebogo Nkabinde01 Jul 2022

    Google South Africa is down

    The website address google.co.za, which many South Africans use to access the Google search engine, was unavailable on Friday – apparently because the company failed to renew the domain. Popular subdomains, including news.google.co.za and maps.google.co.za were also unavailable. TechCentral reader Marcel Oudejans noticed on Friday morning that google.co.za was unreachable and performed a “whois lookup”, a

  • Trade & IndustryTebogo Nkabinde01 Jul 2022

    Kenya becomes Africa’s number one avocado exporter, leapfrogs South Africa

    After topping the continental rankings as the top exporter of avocados in Africa, South Africa has been overtaken by Kenya as latest statistics suggest. The East Africans are now leading the standings as they are exporting more avocadoes to foreign markets such as China. However, they face the daunting task of warding off thieves who

  • Trade & IndustryTebogo Nkabinde30 Jun 2022

    Eskom announces all-day stage 6 load-shedding

    Eskom will bump up load-shedding to stage 6 on Thursday afternoon and throughout Friday, while the weekend will also require continuous load-shedding at stage 4. The utility said it was compelled to take this “unprecedented step” to conserve emergency generation capacity and safeguard the power system amid a continued unlawful strike by its workers. At the time

  • Trade & IndustryTebogo Nkabinde30 Jun 2022

    UK to provide extra 1bn pounds of military aid to Ukraine

    Britain will provide another 1 billion pounds ($1.2 billion) of military support to Ukraine, the British government said on Wednesday, as NATO branded Russia the biggest “direct threat” to Western security. The funding will go towards boosting Ukraine’s defence capabilities, including air defence systems, uncrewed aerial vehicles, new electronic warfare equipment and thousands of pieces

  • Funding & FinanceTebogo Nkabinde30 Jun 2022

    PocketApp receives AIP to operate as a Mobile Money Operator in Nigeria

    In a recent announcement, Pocket by Piggyvest (PocketApp) has disclosed that they have been granted an Approval in Principle (AIP) as a Mobile Money Operator (MMO) by the Central Bank of Nigeria (CBN) in the country. We’re incredibly pleased that PocketApp has been granted an approval in principle as a Mobile Money Operator in Nigeria.

  • TechnologyTebogo Nkabinde30 Jun 2022

    MTN SA launches an aggressive rollout of batteries and generators in the face of a power crisis

    As load shedding escalates across the country, MTN South Africa is working around the clock to protect customer’s connectivity, with an aggressive rollout of batteries, generators and alternate power supplies. MTN is also reaching out to small businesses to supply generators for its operations. Charles Molapisi, MTN SA CEO, says MTN’s priority is keeping its

  • Funding & FinanceTebogo Nkabinde30 Jun 2022

    FNB to give customers an additional R2 per litre back in eBucks for fuel purchases

    FNB has announced additional eBucks fuel rewards from 1 July which it says will offset the impact of high fuel prices. “From 1 July until 30 September 2022, FNB will give qualifying Retail and Commercial customers an additional R2 per litre back in eBucks for fuel purchases made at Engen,” the bank stated. “This benefit

  • Trade & IndustryTebogo Nkabinde28 Jun 2022

    Shoprite customer data is reportedly being sold on the dark web

    Customer data stolen from Africa’s largest supermarket chain is being auctioned by dark web extortion market RansomHouse, with bidding open at 20 bitcoin (R6.7 million). Shoprite fell victim to the cyber extortion gang earlier this month, initially stating that there was a “possible data compromise” affecting some money transfer clients. The retail group stated that

  • News & OpinionTebogo Nkabinde28 Jun 2022

    Amazon opens its largest delivery station in Abu Dhabi

    Amazon has announced the opening of its largest delivery station in Abu Dhabi in time for the upcoming Prime Day event this July. The 4,700 sqm state-of-the-art delivery station is the second largest in the country and provides same-day and one-day deliveries to customers across the city, including those located in outer areas, such as

  • Trade & IndustryTebogo Nkabinde28 Jun 2022

    SA loadshedding might escalate to Stage 6

    State-owned power utility Eskom has warned that South Africa could see load-shedding escalate to Stage 6 by Tuesday evening unless its situation improves drastically. This is after ten generating units went offline overnight, representing over 6,000MW of capacity. Eskom CEO André de Ruyter said that capacity loss due to breakdowns was 14,204MW. It is also

  • TechnologyTebogo Nkabinde24 Jun 2022

    South Africa soon to Launch Solar Electricity App-WiSolar

    WiSolar a company which is a Solar and renewable energy Company plans to release a cell app in order to permit customers to buy solar energy electricity for his or her houses from the palm in their hands. The uptake in alternate power solutions in South Africa's residential sector has significantly risen in recent years