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Could Amazon be looking to tap into SA's ecommerce sector
Amazon is shopping around for warehouse space in South Africa, leading to industry speculation that the company could be looking to enter the local ecommerce sector, a source has told MyBroadband. The retail giant’s plans for the warehouses are unknown, and it has not responded to MyBroadband’s request for comment. A source with deep knowledge
Best electric vehicles available in South Africa
South Africans have limited options when it comes to electric vehicles when compared with the international EV market. However, there are several great EVs available to buy in the country, and in 2022 South Africa is expected to see the biggest number of new battery-electric vehicles launched in a single year. Whether you are a
MTN set for court battle with Telkom over spectrum
Africa’s biggest wireless carrier MTN has mounted a legal challenge against Telkom in a bid to prevent further delays in South Africa’s long-awaited release of additional broadband spectrum. MTN filed court papers on Friday seeking to oppose Telkom’s attempt to halt the Independent Communications Authority of South Africa (Icasa) from auctioning spectrum in March, it
South African stocks to watch in 2022
Sasol, Naspers and Capitec are some of the big names that have been selected by a variety of South African fund managers as their preferred stock picks on the JSE for 2022. Veteran equity analyst David Shapiro suggested that Naspers and Prosus could be a turnaround story as developments in China seem to have calmed
FAA names 50 airports protected by C-Band 5G rollout buffer
With AT&T and Verizon set to bring their 5G expansion live on January 19th, the Federal Aviation Administration (FAA) has chosen 50 airports (PDF) that will have buffer zones to help prevent flight disruptions (via Reuters and Wall Street Journal). Safety regulators picked airports based on location, traffic volume, and the likelihood of low visibility — all factors that may
SA parliament repair could cost taxpayers a good R1 billion
The bill to repair and reconstruct South Africa’s houses of parliament could cost taxpayers R1 billion as the building complex is uninsured, according to a Sunday Times report. A fire started in the building complex, located in Cape Town’s city centre, on Sunday, 2 January, and the flames were finally doused following a three-day battle with
Shell seismic survey ship leaving South Africa
The vessel hired by Royal Dutch Shell Plc to look for potential oil and gas fields is on course to leave South African waters after community groups won a court case to temporarily halt the activity. A judge on Dec. 28 granted local activists an interim interdict blocking any seismic surveys until a ruling can be made
Tech stocks carnage
The hammering in technology stocks that began to spread into the broader market Wednesday is being fueled by one of the most intense bouts of selling by professional speculators since the financial crisis. Hedge funds, which spent December unloading high-growth, high-valuation stocks, began the new year by jettisoning software and chipmakers at a furious pace. During the
Google and Facebook slapped with billion-rand fines over cookies
Alphabet Inc.’s Google was slapped with a record French fine of 150 million euros ($170 million, R2.7 billion) by the nation’s privacy watchdog, together with a 60 million-euro (R1 billion) fine for Meta Platforms Inc.’s Facebook, over the way the companies manage cookies. CNIL, France’s data protection authority, on Thursday issued the companies with a
South Africa’s train system is on the brink of collapse – Photos
South Africa’s passenger railway system is on the brink of total collapse, brought to its knees by thieves and vandals who have gutted many of its stations and railway tracks into a post-apocalyptic-like state. Rail journalist David Williams previously detailed the worrying condition of the Passenger Rail Agency of South Africa’s (Prasa’s) network in a report for
Intel releases new set of laptop chips
Intel, the biggest maker of computer processors, released a new set of laptop chips and more powerful graphics components for notebooks, stepping up efforts to take on rivals Nvidia and Advanced Micro Devices. The company announced its 12th generation Core mobile processors in an online presentation on Tuesday for the CES technology conference, including 28
A look into the biggest solar farm in South Africa
The biggest solar farm in South Africa and Sub-Saharan Africa is Solar Capital’s De Aar project in the Northern Cape. This photovoltaic (PV) solar facility provides a maximum potential generating capacity of 175MW. Its project site covers 473 hectares of a 2,674-hectare farm and comprises over half a million modules that convert sunlight into electricity.
Google to give top execs $1 million pay bump each after declining to boost workers’ pay
Google is giving four of its top execs a significant pay bump, raising their salaries from $650,000 to $1 million, just weeks after the company told staffers it wouldn’t automatically adjust salaries to account for inflation. The new executive salaries were disclosed in an SEC filing. The executives receiving the $1 million base salaries are
#petroldecrease: These are your new petrol prices in South Africa
The Department of Energy has announced the official fuel price adjustments set to come into effect on Wednesday, 5 January 2022. All grades of fuel will see prices decreases this month, with petrol down between 68 cents and 71 cents per litre, and diesel decreasing by 67 and 69 cents per litre respectively. The full list of
How to maximise your money in 2022
This year has been a financial nightmare for many South Africans, with skyrocketing prices for fuel, food and electricity. This trend is expected to continue into 2022, as retailers and others in the value chain pass on their business costs to consumers. Even if people retain their jobs and receive salary increases, these are unlikely
Samsung unveils first 4K and 8K TVs with 144Hz displays
Samsung has unveiled its latest Neo QLED TVs, which according to Engadget, are the first 4K and 8K displays to pair with 144Hz inputs. The tech giant revealed its new TV sets ahead of the 2022 Consumer Electronics Show (CES), set to take place between the 5th and 8th of January. Samsung said its next generation of TV
Most popular smartphone apps in South Africa
In South Africa, social media apps tend to dominate the top ten most popular free smartphone applications for Android and iOS. At the same time, games are the most downloaded paid apps on both operating systems. The data shows that six of the top ten most popular free Android applications are social media apps, as
CES 2022 will close one day early following exodus of large tech companies
Organizers of the CES tech conference, under fire for not cancelling the event during a Covid-19 surge, said they will close the expo one day early as “an additional safety measure.” The in-person conference will now end on Friday, Jan. 7, rather than running through the next day, according to the Consumer Technology Association, which
Apple paid unusual R2.84-million bonuses to stop engineers moving to Meta
Apple Inc. has issued unusual and significant stock bonuses to some engineers in an effort to retain talent, looking to stave off defections to tech rivals such as Facebook owner Meta Platforms Inc. Last week, the company informed some engineers in silicon design, hardware, and select software and operations groups of the out-of-cycle bonuses, which
Pick n Pay customer data exposed online
Several Pick n Pay customers who used the company’s delivery service have had their data exposed online, a tip from a MyBroadband reader has revealed. Customer delivery information for Pick n Pay’s online shopping service was available on a tracking website for courier Dawn Wing to anyone on the Internet who knew where to look.