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Value Group announces plan to delist from the JSE
The warehousing, distribution and logistics group says it does not make sense to remain listed as its shares barely trade. Value Group is going ahead with an offer to buy out minority shareholders as a precursor to delisting its shares from the JSE. The warehousing, distribution and logistics group has proposed a scheme of arrangement
Transport minister Fikile Mbalula publishes new transport rules for air travel
Following the president's announcement on Sunday that the country will move to alert level 1, Transport minister Fikile Mbalula published new transport rules for air travel under South Africa’s level 1 lockdown. In a gazette published on Monday (1 March), Mbalula said that international scheduled operations and charter flights carrying passengers are allowed at the
MTN says Nigeria operating license renewal at advanced stage
MTN Nigeria is at an advanced stage in renewing its operating spectrum and licence in Nigeria for another 10 years from September, the local unit of South Africa’s MTN said on Sunday. The Nigerian Communications Commission (NCC) has approved the renewal of the 900MHz and 1800MHz bands due to expire in August 2021. The spectrum
SA moves to level 1: here are the changes, and restrictions still in place
President Cyril Ramaphosa has announced that South Africa will move back to lockdown level 1. In a national address on Sunday evening (28 February), the president said that the eased restrictions come nearly a year after the first Covid-19 case was first reported in the country. He added that the country has now clearly passed
FNB Life recognized for Innovation at the BAI Global Innovation Awards
01 March 2021: FNB Life was awarded the Consumer Products or Services Innovation award at the 10th annual BAI Global Innovation Awards for its Dynamic Life – Home offering for customers. BAI also recognised FNB with a special honourable mention for its high-impact innovation during the pandemic to meet the changing needs of customers quickly and effectively. The BAI Global Innovation
Verizon support says you should turn off 5G to save your phone’s battery
Despite its relentless promotion of 5G phones and the fact that it spent more than $45 billion bidding on a new faster spectrum, Verizon support now is advising people on Twitter to turn off their phones’ 5G access to preserve battery life. In a Sunday morning tweet, Verizon support helpfully suggested that “one way to help conserve battery life is
Apple forced to add iPhone and MacBook repairability scores to comply with French law
Apple has added iPhone and MacBook repairability scores to its online store in France to comply with a new French law that came into effect this year. MacGeneration reports that the rating takes into account features like how easily a device can be disassembled and the availability of repair manuals and spare parts. Links to each product’s final
Stock picking South African miners
The local Gold miners index is lower, month-to-date, off by 12.63% and lower by over 48% since it's most recent multi-year peak of August 2020. Our expanded technical view, utilizing the monthly chart, notes the price continuing to trend toward the (1) medium term break of April 2020 which coincides with the (2) prior multi-year
Telegram adds auto-delete option to all messages, expiring invites, and more
Telegram is updating its messaging app with options for auto-deleting messages, expiring invite links, and new unlimited groups, the company shared in a blog post. Much like Signal, Telegram received a burst of new users in the confusion over WhatsApp’s privacy policy and now the company is adopting features that were already part of its
Twitter to launch a feature that allows auto-block and muting of abusive accounts
Twitter plans to introduce a way for you to automatically block and mute abusive accounts, the company announced at its Analyst Day presentation on Thursday. It appears the feature will be a toggle you can turn on in a new “safety mode,” according to a slide in the Analyst Day slide deck. Here’s Twitter’s description
How one of Google’s massive undersea cables detects earthquakes
The web of undersea cables that transmit data around the world could one day be used to track earthquakes and tsunamis, according to new research. During a test run last year, one of Google’s fiber-optic cables was able to successfully pick up on nearby earthquakes by detecting distortions in light pulses sent along the cable.
Spot: Boston Dynamics condemns robot paintball rampage plan
A US art installation that will let people control a paintballing robot in a mock art gallery has been condemned by the firm that made the robo-dog. Boston Dynamics criticised the project, calling it a "provocative use" of its quadruped robot, Spot. It warned that if the "spectacle" goes ahead, Spot's warranty might be voided,
Boeing planned to replace 777 engine covers before failures: WSJ
Boeing Co was planning to replace engine covers on its 777 jets months before a pair of recent serious failures, the Wall Street Journal reported on Thursday, citing an internal Federal Aviation Administration document. The U.S. Federal Aviation Administration (FAA) on Tuesday ordered immediate inspections of 777s with Pratt & Whitney RTX.N PW4000 engines before
Netflix introduces new age restrictions for South Africa
Not all content on Netflix is suitable for younger audiences. Now, Netflix has added new maturity ratings to its online catalogue of shows that are aligned with the standards of the Films and Publications Board (FPB). Users of the streaming service in South Africa recently noted that FPB ratings had been added to show descriptions
Exxaro to reduce Tronox stake
The diversified resources group said it had appointed JP Morgan, Band of America (BofA) Securities, Deutsche Bank Securities and Morgan Stanley as joint book-running managers and underwriters for the offering and had granted them a 30-day option to purchase up to 2.55-million additional Tronox shares at the public offering price. Tronox is the world's leading
FNB recognized as Africa’s Most Valuable Bank Brand for second year in a row
FNB has retained its position as Africa’s Most Valuable Bank Brand for the second year in a row in the 2021 Brand Finance® Global 500 Banking report. With brand value of US$1.3 billion, FNB is the top performing South African brand among top 200 most valuable bank brands in the world in the 2021 Brand Finance® Global 500 Banking ranking. In
SARS receives cash injection to improve technology infrastructure
The South African Revenue Service (Sars) has been given a huge injection of R3 billion to improve its technology infrastructure and artificial intelligence capabilities. The tax authority has been nearly decimated by years of capture under former commissioner Tom Moyane, impacting on its ability to collect taxes desperately needed to fund service delivery. The additional
Overcast overhauls its Apple Watch app
A new update to popular podcast player Overcast includes a major overhaul of its Apple Watch app. The Apple Watch support is notable at a time when third-party app development for the platform is not necessarily in a great spot, though the Watch itself continues to grow in popularity. Overcast’s update reorganizes the app UI from top
6 things from the budget speech that will affect YOU
Minister of Finance Tito Mboweni kicked off the highly anticipated budget speech on Wednesday by admitting that Covid-19 has had a massive impact on the country’s citizens and livelihoods. But he also said South Africa is not without hope… Nobel Laureate, Archbishop Emeritus Desmond Tutu once said “Hope is being able to see that there
Why Huawei Mobile Services Expands Ad Exchange Across Africa
Huawei Mobile Services (HMS) has announced the expansion of their advertising business into overseas markets including the MEA (Middle East, Africa, and Pakistan) region. HUAWEI Ads is a supply-side and demand-side, real-time advertising marketplace through which media companies transact ad impressions with accountability, using programmatic technology, and includes a monetization tool for app publishers. The beta version of