Browse every article
2,117 articles · 1 filter applied · Reset filters
Top 23 fastest-growing companies in South Africa right now
The Financial Times and data company Statista have published their inaugural ranking of Africa’s fastest-growing companies, with several major South African firms included on the list. The companies were ordered by the highest compound annual growth (CAGR) in revenues between 2017 and 2020. The ranking was created through a complex procedure. Although the search was
Flysafair R8 tickets: Here's what you must know
Low-cost airline FlySafair has launched its R8 flight sale for 2022. The company’s website states 30,000 tickets will go on sale at 09h00 on Wednesday morning (4 May), ending at 17h00, or when all tickets are sold out. The airline said that the following procedures will be followed as part of the sale: The tickets will only
Airbnb predicts bounce-back for travel
Airbnb Inc. gave a forecast for revenue in the current quarter that easily surpassed Wall Street’s estimates as the company sees “substantial demand” for travel heading into the busy summer season after more than two years of Covid-19 restrictions. Shares gained about 6% in extended trading. Second-quarter revenue will be $2.03 billion (R32 billion) to
City of Tshwane to Convert its Transmission Network for the Free Wifi to Fibre
In a recent announcement, the City of Tshwane, SA has disclosed that they plan to convert the transmission network for its free Wi-Fi services to fibre. “There are 54 high sites established across the seven regions of the metro. It can improve on the quality of connection as well as the speed and reliability of
MTN SA commits R634 Million to deploy new network infrastructure into the Eastern Cape
MTN SA is investing R624 million into the Eastern Cape to drive upgrades and deploy new network infrastructure across the region this year. As part of MTN’s “Modernisation of Network South Africa project” (MONZA) project the investment will expand network reach into rural communities, drive 5G expansion and work to restore vandalised network infrastructure. “We
Meta’s VR roadmap reportedly has four new headsets
Last month we took a deep dive into Mark Zuckerberg’s grand metaverse plan, and some of the hardware Meta is working on to deliver it, in the form of Project Nazare augmented reality glasses. Now The Information reports on a roadmap for virtual reality hardware that runs through 2024 with four headsets on the schedule,
Hamilton Ratshefola announced as new Gijima CEO
Gijima Group CEO Maphum Nxumalo has announced his retirement as an IT executive after 45 years in the industry. From May 2022, Nxumalo will serve as a Gijima non-executive board member and an executive member of the Guma Group. He served as Gijima’s chief operating officer from July 2014 to February 2020, during which he
SA's Zapper launches Tap-On-Phone payments
Zapper has announced that their merchants will now be able to accept tap-on-phone payments. “After a successful pilot phase, we have rolled out new functionality available to all Zapper merchants, which enables them to accept physical card payments as well as mobile wallet payments,” said Zapper CEO Brett White. This includes Samsung Pay, Apple Pay,
South Africans are buying a lot of cryptocurrency
While Bitcoin’s slump and bearish price action have caused a drop-off in South Africans buying cryptocurrency, the surge in users and trading volumes during the past year was astronomical. “We’ve seen a slight slow down in growth in Q1 2022, but this is after we grew over 450% in Q4 2021 — so it’s probably
Activision CEO could score R8.4-billion payout from Microsoft deal
Activision Blizzard Inc. Chief Executive Officer Bobby Kotick stands to reap more than $500 million (R8 billion) after Microsoft Corp. completes its purchase of the video game publishing giant. In a securities filing on Friday, Activision said Kotick, 59, would receive $14.4 million (R232 million) in severance if he is terminated or leaves under various
Microsoft is adding a free built-in VPN to its Edge browser
Microsoft is adding a free built-in virtual private network (VPN) service to its Edge browser in a bid to improve security and privacy, a Microsoft support page revealed. Called ”Edge Secure Network,” Microsoft is currently testing the Cloudflare-powered VPN service and says it will roll it out to the public as a part of a
Jeff Bezos loses $20 billion in hours as Amazon shares slump
Jeff Bezos saw $20.5 billion (R323.1 billion) of his fortune melt away after Amazon.com Inc.’s results left investors disappointed, helping fuel the worst month for technology stocks in years. Shares of the e-commerce company were down 14% on Friday after it reported a quarterly loss and the slowest sales growth since 2001. Bezos’s net worth
This SA Suburb wants to kick out Eskom!
Greenstone offers private power solutions using various sources, including solar photovoltaics, solar thermal, wind, biomass, and gas-solar hybrid solutions. Gas-solar hybrid plants combine small-scale gas-powered turbines with solar PV generation to ensure 24-hour power availability. Greenstone’s website includes a project portfolio that counts food processing plants, housing projects, a health clinic, an office building, and a shopping
Elon Musk sells R64 billion in Tesla shares
Elon Musk sold about $4 billion (R64 billion) worth of Tesla Inc. stock after clinching a blockbuster $44 billion (R699 billion) deal to buy Twitter Inc. Tesla’s chief executive officer offloaded 4.4 million shares on April 26 and April 27, filings showed late Thursday. Wall Street analysts and investors in the electric carmaker suspected that
MetroFibre CEO steps down
MetroFibre has announced that its CEO, Dr Steve Booysen, will step down. He will be succeeded by Jan-Jan Bezuidenhout on 1 June 2022. Bezuidenhout currently serves as the fibre operator’s deputy CEO. Booysen will continue to provide support on a consultancy basis to MetroFibre’s executive leadership until the end of August 2022. “It’s been an
WhatsApp new feature will allow users to use their accounts on two phones
WhatsApp is developing a feature that will let users chat using the same account on multiple devices, such as another smartphone or tablet. According to a screenshot from the beta version provided by WABetainfo, the app gives instructions to register a device as a “companion”. This is done by selecting ‘Linked Devices’ in settings and scanning
MTN and Vodafone sign national roaming agreement in Ghana
MTN Ghana and Vodafone Ghana announced significant progress in the bid to implement a national roaming service in Ghana amongst operators. In this regard, MTN Ghana and Vodafone Ghana have entered a strategic partnership to pilot national roaming in the Volta Region as the first step to a broader nationwide national roaming partnership. This agreement
Interswitch and Cisco Networking Academy to enable Tertiary Institutions across Nigeria
In line with its efforts to support Science, Technology Engineering and Mathematics (STEM) education in Nigeria, Africa’s leading integrated payments and digital commerce company, Interswitch, has announced plans to donate IT equipment to students in ten tertiary institutions across Nigeria. The initiative, which is being implemented in collaboration with multinational technology company, Cisco, will see
Tizeti to expand into Ghana Central Region
After a successful roll-out of its unlimited internet services in Accra, Ghana, West Africa’s pioneer solar-based internet service provider, Tizeti, has announced its expansion into Ghana’s Central Region, starting with Kasoa. The company plans to expand to Osu, Cantonment, Kwabenya, Amasaman and Accra Central areas within the next 12 months. With this move, residents and
Bitcoin is now official currency in Central African Republic
The Central African Republic (CAR) has become the second country to approve Bitcoin as a legal tender, BBC News reported. A statement released by the CAR presidency said members of the law-making body voted unanimously to adopt a bill that would make Bitcoin a legal medium of exchange. It added that the decision has put