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  • Trade & IndustryThandile Thobela11 Jan 2023

    Eskom has implemented stage 6 load shedding till further notice

    Eskom will begin stage 6 power shedding at 16:00 on Wednesday and will continue until further notice. The utility stated that the continuous stage 6 load-shedding was necessary owing to significant generating capacity constraints. At the time of the release on Wednesday afternoon, Eskom had 18,041MW of capacity unavailable owing to breakdowns, with another 5,739MW

  • Trade & IndustryWatchThandile Thobela11 Jan 2023

    Hyundai unveiled the Ioniq electric automobile, which can walk like a crab

    Following its debut at the Consumer Electronics Show (CES) in 2018, Hyundai has implemented e-Corner into an Ioniq 5 EV on exhibit at CES 2023, according to Engadget. While it is anticipated that the technology will not be available in production vehicles for some time, its incorporation in the Hyundai EV is a significant step

  • Trade & IndustryThandile Thobela11 Jan 2023

    All of the electric vehicles that will be available in South Africa in 2023, including the most cheap yet

    In 2023, South Africa will see the introduction of a swarm of new electric cars (EVs). Last year saw the most new electric car models introduced to the local market. In total, 13 new EVs were introduced in South Africa, including new models from three German automotive heavyweights – Audi, BMW, and Mercedes-Benz. According to

  • TechnologyThandile Thobela11 Jan 2023

    Rain is rejected by Telkom

    Telkom has told shareholders that it has ended negotiations about Rain's proposed purchase. On September 30, 2022, Rain presented a formal proposal to Telkom, requesting that Telkom purchase it with freshly issued shares. “After initial discussions, but prior to any due diligence, the parties have decided that a suitable transaction is not possible at this

  • Operations & EfficiencyThandile Thobela11 Jan 2023

    38 jobs in South Africa that pay more than R100,000 per month In 2023

    Professional recruiting agency Robert Walters has released statistics from its 2023 South African Salary Survey, revealing which top occupations offer some of the highest wages in the country's main professional areas. According to Robert Walters, the professional environment in South Africa will evolve in 2022, with both employers and employees searching for different attributes in

  • Trade & IndustryThandile Thobela11 Jan 2023

    Another Eskom crisis on the horizon

    Opposition party Democratic Alliance (DA) argues that the African National Congress's (ANC) intention to relocate Eskom away from the Department of Public Enterprises to the Department of Mineral Resources and Energy (DMRE) is 'irrational and destructive'. The party agreed with Professor Anton Eberhard that moving Eskom under the DMRE or perhaps a separate energy ministry

  • Trade & IndustryThandile Thobela11 Jan 2023

    This week, South Africa will see a massive increase in electricity prices

    When Nersa meets on Wednesday, it is expected to make an announcement on how much Eskom may raise energy rates in 2023. (12 January 2023). The predicted announcement comes after multiple delays by Nersa, which was due to rule on Eskom's bid to raise tariffs by 32% in November 2022. Eskom's September proposal to Nersa

  • TechnologyThandile Thobela05 Jan 2023

    South Africa is experiencing a cloud outburst

    In recent years, South Africa has witnessed a surge of big businesses enter the country's cloud computing industry. Amazon, Microsoft, Huawei, and Google have all established cloud operations in the country. With the establishment of these cloud availability zones in South Africa, businesses and developers may host their apps and data within the nation through

  • Trade & IndustryThandile Thobela04 Jan 2023

    Eskom alters tactics in the battle against crime and sabotage at power plants

    Eskom says it is doing a complete screening and security sweep of all ongoing contracts in order to crack down on high-level crimes that have plagued its operations over the years. In 2022, Eskom made numerous significant arrests connected to coal and diesel theft, as well as one incidence of active sabotage. A truck driver

  • TechnologyThandile Thobela04 Jan 2023

    E-toll payments will be refunded: Lesufi

    Gauteng Premier Panyaza Lesufi has stated that those who have paid their e-tolls throughout the years will be reimbursed. The premier told 702 on Tuesday (3 January) that the choice on whether or not to compensate Gauteng motorists was one of the fundamental difficulties that led to the e-tolling system not being discontinued on December

  • Trade & IndustryThandile Thobela04 Jan 2023

    South Africa's most affordable hybrid vehicles

    In South Africa, hybrid and electric vehicle sales increased dramatically in 2022, with conventional battery hybrid (BHEV) sales growing by nearly 320%. In the first three quarters of 2022, combined traditional hybrid sales were 2,638 — a significant rise from the 627 sold in 2021. According to data from the National Association of Automobile Manufacturers

  • TechnologyThandile Thobela04 Jan 2023

    What you need to know about AI. Not all AI is "artificial intelligence"

    In August 1955, a group of scientists requested $13,500 in funds to hold a summer workshop at Dartmouth College in New Hampshire. They planned to investigate artificial intelligence (AI). While the funding request was small, the conjecture of the researchers was not: "every aspect of learning or any other feature of intelligence can in principle

  • Trade & IndustryThandile Thobela03 Jan 2023

    Takealot's most costly items, including an R360,900 second-hand watch

    Takealot, South Africa's biggest online store, provides a diverse choice of items, including those that can leave a significant dent in your budget. MyBroadband investigated the most costly things available from retailers in December and discovered that textbooks, watches, drone cameras, and battery backup-inverter combos topped the list. The most costly item was not a

  • Trade & IndustryThandile Thobela03 Jan 2023

    The R8 investment might be worth R1.7 trillion — Plans for South Africa's first helium plant in 2023 are enormous

    South Africa may soon become the world's eighth producer of highly sought-after helium. That is, assuming Renergen's Virginia Gas Project, the country's first and only on-shore petroleum production plant, can be restarted in the coming months. Renergen's goal to begin manufacturing liquid helium in July 2022 was delayed due to the facility's tough year. Helium

  • TechnologyThandile Thobela03 Jan 2023

    In the last seven years, no Vodacom directors have purchased the company's stock

    According to the Johannesburg Stock Exchange (JSE) news service's directors' transactions reports, no Vodacom top executive or director has purchased shares in the firm in the recent seven years. The trading of shares by directors attracts attention since it might reveal their outlook on the company's prospects. Directors have a thorough awareness of their company's

  • Funding & FinanceThandile Thobela02 Jan 2023

    One year later, big Bitcoin expectations are far off

    A year ago, crypto experts were riding high on the success of 2021, and some predicted that Bitcoin would reach $100,000 or more in 2022. That's a long way from where the coin will really end this year: $16,500. Bitcoin lost more than 60% in 2022, its second-worst annual performance on record, and just its

  • Trade & IndustryThandile Thobela02 Jan 2023

    Massive price cuts for petrol and diesel will begin in 2023

    South African motorists will be greeted with significant price reductions at the pump beginning in early 2023. The Department of Mineral Resources and Energy has released the country's official fuel prices for January 2023, which indicate significant reductions in petrol and diesel costs. From Wednesday, 4 January 2023, the retail price of 93 and 95

  • TechnologyThandile Thobela02 Jan 2023

    The elimination of e-tolls has been postponed until the new year

    The e-toll system was supposed to be phased out by December 31, 2022, but the Gauteng government says this has been pushed out into the new year. The provincial administration indicated in a statement released on Saturday that an agreement with the National Treasury to facilitate the deactivation of e-tolls had not yet been reached.

  • TechnologyThandile Thobela29 Dec 2022

    Think carefully before retweeting: South Africa is cracking down on digital abuse

    South Africa has recently been subjected to a bombardment of cyber-attacks and/or cyber-related/enabled crimes, with many individuals and organisations caught off guard. South Africa was rated third in the world in terms of the number of cybercrime victims in 2021. As a result, cyber security is becoming a significant issue, particularly in light of social

  • Trade & IndustryThandile Thobela28 Dec 2022

    As 2022 come to an end, South Africa has seen 200 days of power outages

    On Tuesday, South Africa reached 200 days of power outages in 2022, with more to come. Because of its ageing and poorly maintained power stations, Eskom has conducted record rotating outages this year. Energy scarcity has hampered investment and dragged on output. "The fluctuations in the supply of electricity have profound implications for the economy