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HUAWEI WATCH GT 3 SE unveiled: A strong entry to a science-based sport and health management experience
HUAWEI Consumer Business Group (BG) has unveiled the latest smartwatch in the HUAWEI WATCH series, the HUAWEI WATCH GT 3 SE. Delivering a cutting-edge entry-level smartwatch, the HUAWEI WATCH GT 3 SE embodies the needs of urban explorers, sport, health, and fitness enthusiasts. The revolutionary HUAWEI WATCH GT 3 SE is a true game-changer in
Enter Your App into the HUAWEI AppGallery Category of 12th MTN Business App of the Year Awards
HUAWEI proudly continues its role as a category sponsor for the 2023 MTN Business App of the Year Awards, marking the fourth consecutive year of their valued partnership. This esteemed annual event celebrates remarkable app development talent throughout Africa, while also propelling the advancement of mobile digital innovations. The awards serve as a tribute to
PayShap nearing one million transactions
South Africa’s first interbank, low-value real-time digital payments service, PayShap has shown a robust market uptake since its launch in March this year. The PayShap data shows that over 800 000 transactions have been recorded with a settlement value in excess of R660 million since the PayShap launch. “In the first few months of
Ghana’s finance ministry cut its 2023 growth forecast to 1.5% from 2.8%
Ghana: Finance Minister Ofori-Atta yesterday presented the government’s Mid-Year Fiscal Policy Review to parliament. He disclosed that the overall budget deficit for 2022 (on a commitment basis) was 11.8% of GDP against a revised target of 4.3%. The primary budget deficit stood at 3.2% of GDP after previously expecting a surplus of 0.4%. For 2023, the
Mobile Operators Threatened by eSims?
Embedded Sims (eSims) is currently increasing with customers moving away from regular sim cards. According to Independent mobile network analytics providers Opensignal, users who use eSim-capable devices are more likely to switch networks. Brazil, Indonesia, Singapore, South Korea, Taiwan, the UK and the US – revealed marked increases in operator switching by eSim users compared
Musk’s X Formerly Known As Twitter Sues Nonprofit That Fight Hate Speech
Elon Musk's social media platform X formerly known as Twitter has sued a nonprofit organisation that fights hate speech and disinformation. X accused the organisation of asserting false claims and encouraging advertisers to pause investment on the platform. According to a report by US media, the social media platform sent a letter to the Center
Independent Transmission Operator Issued With License To Operate
The Energy Regulator has approved that the Transmission Company of South Africa (SOC) Limited (‘NTC’) be issued with a licence to operate a transmission system in South Africa. “This is a milestone decision by the Energy Regulator and will immensely contribute in Eskom’s unbundling trajectory,” National Energy Regulator of South Africa (NERSA) Chairperson, Thembani Bukula,
PayU To Sell Its Payment Organisation For R11 Billion
PayU an online payment specialist has reached an agreement with Rapyd a leading Fintech-as-a-Service provider to acquire PayU’s Global Payment Organisation (GPO) for $610 million (R11 Billion), according to Prosus announcement on Tuesday. The transaction exclude PayU’s Indian, Turkish and Southeast Asian businesses. This will enable PayU to focus on India's fintech opportunity, serving more
REdimension Raises R200 Million in Proptech Fund
REdimesnion Capital an investment firm has announced its inaugural fund. The company raised more than R200 million from founding investors including Investec Property Fund, Growthpont Properties and Rand Merchant Bank. The firm aims to focus on investing in early-stage technology companies that deliver demonstrable improvements in the way property is developed and managed. The fund
Purchasing Managers’ Index (PMI) declined by 0.3 index points to 47.3 in July
After what looks to have been a decent second quarter, at least in terms of quarterly growth momentum, the manufacturing sector had a setback at the start of the third quarter. This is the message from the latest seasonally adjusted Absa Purchasing Managers’ Index (PMI). Although the headline index was only marginally lower in July at 47.3
Telkom Reports Performances Growth Despite Load-Shedding Hits
Telecommunications company Telkom reported growth in performance for its quarter to end-June results. The South African third mobile operator revenues went up by more than 3% on Monday morning, however, the company is still feeling pressure from load shedding, constrained consumers, and its legacy systems. Telkom said its performance is driven by a strong performance
Eskom’s generation fleet continues to show sustained improvement, Says Ramaphosa
South African President Cyril Ramaphosa said, in the past two months the unplanned power outages at Eskom’s generating fleet fell to less than 16GW compared to the previous 18GW. “Eskom’s generation fleet continues to show sustained improvement. Unplanned losses have been reduced to less than 16,000MW in the past two months, down from more than
MTN To Keep Soweto Traffic Lights On
MTN will supply Soweto with backup power for traffic lights close to its base stations to help reduce congestion during load shedding. The telecommunications giant has partnered with the Johannesburg Road Agency (JRA) via a service-level agreement that will use the mobile operator using backup power from its base stations. “To ensure efficient traffic flow
South Africa Hit Google With Penalties
The Competition Commission has found that Google’s dominant the internet search in South Africa “distorts platform competition” in favour of large market players, and has recommended several solutions. According to findings stipulated in the commission’s final reports from more than two-year investigation into online platforms in South Africa. The commission published the report Monday after
McKinsey: Women Workers to Be More Affected By AI Wave Than Men
Women will be more affected by the upcoming wave of automation and artificial intelligence that could replace almost a third of hours worked across the US economy than men. It is reported by the research arm of consultants McKinsey & Co that examines US labour market trends through to the end of 2030, that women
FNB launches zero-rated Secure Call on its app to boost customer safety
In a pioneering move aimed at further bolstering the security of customer interactions, FNB has introduced Secure Call on the FNB App to allow its customers to make safer voice calls to its customer service areas. This is in addition to its existing Secure Chat feature, which was introduced a few years ago and allows
(Sponsored) Choosing the Right Battery for Your Solar System
Solar power is on trend as a free and sustainable energy source. You may have already installed a solar system on your roof and are benefiting from it. But merely a solar system isn't a sure card. What if there's a long power outage occurring just on rainy days? Invest in a battery, all is
Visa Gives South African Women-Owned Small Business a Grant at the FIFA Women’s World Cup
Following the group stages match against Argentina, Native Nosi from South Africa received a $5,000 grant from Visa. Throughout the FIFA Women’s World Cup™, Visa is delivering a win for women on and off the pitch. The grants are provided to help women business owners thrive with critical capital to grow and sustain their businesses. First-ever extension
Telkom Says It Still Needs Regulatory Support
Telkom CEO Serame Taukobong said in the group’s integrated annual report for 2023, the operator believes that it should continue to qualify for asymmetric mobile termination rates (MTRs). This will allow the telecommunication company to charge operators more and pay them less to carry calls between their networks. For instance, if a Telkom customer were
Sasol Submit Gas Price Applications
New Sasol Gas’s Amendment Maximum Gas Price (MGP) Application for the period 1 July 2022 to 30 June 2023 (FY2023) has been published by The National Energy Regulator of South Africa (Nersa) and published in Consultation Document. Nersa also published Sasol Gas’s MGP application for the period 1 July 2023 to 30 June 2024 (FY2024)