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As platforms compete to become the next Twitter, a gold rush emerges
Twitter Inc. is on its way out. At least, that's what those who've declared their switch to another platform have said. The fact that they made these statements on Twitter and then stayed to watch shows how tough it has been for users to sever their addiction since Elon Musk took a hatchet to the
Eskom warns of an R20 billion loss this year after an audit uncovers fraud, with tender documents set on fire
Eskom reported its sixth consecutive deficit and warned that the gap might increase, while its auditor stated it might not be able to continue as a continuing concern. Eskom's deficit decreased to R12.3 billion in the fiscal year to March, down from a restated R25 billion a year earlier, according to departing CEO Andre De
Ulundi Municipality is suing Eskom for a devastating load decrease that has left them in the dark
The Ulundi local council is suing Eskom to compel them to halt the catastrophic load reduction that caused it to go dark on Christmas and Boxing Day. The municipality in northern KwaZulu-Natal concedes that it owes Eskom more than R100 million, but claims that it has made preparations to pay off the debt, and hence
Eskom raises load-shedding stages for the week – here's the updated schedule
For the remainder of the week, Eskom will expand load-shedding from stage 1 to a rotation of stages 2 and 3. The utility stated that stage 3 will be implemented from the evening of Tuesday, December 27, 2022, until 05:00 on Wednesday, December 28, 2022. Stage 2 will be executed on Wednesday, December 28, 2022,
EFF makes a visit to the Maselspoort Resort after an alleged racial incident in which two black youths were attacked by white individuals
After an alleged racial incident in which two black youths were attacked by white individuals, the EFF makes a visit to the Maselspoort Resort. Maphuele Liphoko, the EFF's Free State chairwoman, led party members to the Maselspoort Resort, where two black teens were allegedly attacked by many white males in the pool area on Christmas
Anger and indignation when a video shows white males attacking black boys at a Bloemfontein resort
A video has gone viral on social media showing two black adolescents being attacked by many white males in a pool at Bloemfontein's Maselspoort Resort and Conference Centre. According to Twitter user, @Tumii Frost, her family intended to spend the day at Maselspoort Resort and Conference Centre for a pleasant Christmas, when her brothers "were
South African mobile networks announce their top accomplishments in 2022
Among the most noteworthy events in the South African mobile network business in 2022 were the first-ever high-demand frequency spectrum auction, a squabble over Telkom, and a crucial step toward Cell C's rescue. While mobile networks were not immune to the pandemic's harmful effects, the telecommunications sector benefited greatly from the increasing demand for connection
South African small companies, beware of cyber crooks who are after your password
When a small business owner is also responsible for production economics, financial reporting, and marketing, cybersecurity might look difficult and, at times, superfluous. However, cyber thieves are taking advantage of this disrespect for IT security. Kaspersky researchers examined the dynamics of assaults on small and medium-sized firms between January and April 2022, as well as
South Africa will implement a new payment system next year
According to Network International, more South Africans are likely to make payments through mobile device next year. According to the organisation, current data shows that Africa accounts for more than 70% of worldwide mobile-money transaction value. This comes as the South African payment sector anticipates steady but cautious growth until 2023, according to Network International.
Top ten best-selling automobiles in 2022, with the top model selling over 30,000 units
According to data from the National Association of Automobile Manufacturers of South Africa (Naamsa), South Africa's new-vehicle industry is still on the rise, with 2022 sales running 13.6% ahead of the same period in 2021. Over the course of the year – from January to November 2022 – the automobile sector sold over half a
Be wary of these insurance frauds that are on the increase in South Africa
Insurance sales, claim, and recruiting scams are on the rise in South Africa, according to Hollard, with tourists particularly vulnerable since they tend to relax their guard during the holiday season. The association recommended policyholders to get informed with the current insurance scams and take proactive steps to avoid falling victim to scammers who are
Bots stole the internet data of 48,000 South Africans, and here is how much it sells for on the black web
According to NordVPN's study, at least five million people worldwide have had their online identities stolen and sold on bot markets. The organisation examined three main bot markets and discovered that 48,000 South Africans are victims, with stolen data selling for an average of R102 on the dark web. The term "bot" in this context
Best of 2022: Phala Phala – a scandal that nearly took down a presidential administration
It was a scandal that almost brought a president down. Phala Phala ascended to the top of the South African vernacular in 2022, after former spy commander Arthur Fraser filed criminal accusations against President Cyril Ramaphosa in connection with the undocumented theft of millions of dollars from his game property in 2020. The controversy began
For the time being, the public sector strike has ended
But unions and federations aim to boost the ante in 2023, with Popcru stating they are 'important services employees without vital income'. Labour groups representing public-sector employees plan to escalate their campaign against the government's pay offer after the holidays, with some pushing for a full-fledged walkout. Workers have flatly rejected the government's 3% baseline
Eskom received no Christmas gift
Tariff pain for consumers has been postponed till the new year. Consumers will now have to wait until the new year for word on what is likely to be a significant rise in electricity tariffs. Nersa, the energy regulator, has been allowed an extension to establish Eskom's prices for 2024/25; it now has until January
MUSK SAYS HE WILL RETIRE AS TWITTER CEO ONCE A SUCCESSOR IS FOUND
Elon Musk said Tuesday that he will leave as CEO of Twitter once a replacement is found, in apparent reaction to a survey he sponsored that indicated users wanted him to step down. Elon Musk said Tuesday that he will leave as CEO of Twitter once a replacement is found, in apparent reaction to a
How to Budget in South Africa During the Holiday Season
Despite the fact that mid-December is traditionally associated with recuperation and leisure, it may also be a time of financial hardship for some South African families, according to Lynn Bolin, head of communications at M&G Investments. According to M&G Investments, the holiday season comes with its own set of costs, such as buying gifts for
South Africa's best-performing stocks this year
Recent research from investment firm Nedgroup offered investment insights into South Africa's best-performing equities, with some exceeding a 50% rise by 2022. Nedgroup Investments is a South African asset management firm with about R350 billion in assets. According to the organisation, major global central banks have begun one of the most rapid monetary policy tightening
Woolworths introduces click-and-collect for online purchases – how it works
Woolworths, a major South African retailer, has teamed with logistics provider Pargo to expand its online delivery network and allow consumers to pick up their online shopping at Pargo click-and-collect pick-up sites near them. According to Woolworths, this agreement would allow consumers to pick their shipments from a convenient location and time, giving them more
Jobs in South Africa with the highest average salary
Statistics South Africa's employment data indicates which workers in the country's formal, non-agricultural industries get the highest average wages. The Quarterly Employment Survey data from Stats SA covers eight key industries or sectors in South Africa, which are further subdivided into 20 sub-categories, primarily made up of various manufacturing sectors, as well as a split