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HONOR Marks a New Era of Innovations with All-New Technologies
Artificial Intelligence has taken the world by storm, delivering unbelievable innovations that push the boundaries of human achievement. From enhancing daily life to transforming entire industries, AI continues to captivate minds and reshape our future. Welcome to the astonishing world of AI, where the unimaginable becomes reality. HONOR, known for its human-centric approach when inventing
(SPONSORED) WHY BUSINESS INSURANCE IS ESSENTIAL FOR SMALL BUSINESS OWNERS
If you run a small business, you'll know that your circumstances can change in moments. If the past few years have left you feeling wary, you aren't alone! Research shows that small to medium-sized business owners are feeling less confident about their ventures due to load-shedding, petrol price increases, unstable economic conditions and other factors
Navigating South Africa's Energy Future: Challenges and Opportunities
Industry expert James Mackay, CEO of the Energy Council of South Africa, has conveyed both optimism and concern in his recent remarks. Speaking at the Solutions From the Edge conference, hosted by International Housing Solutions and Nedbank Corporate and Investment Banking in Johannesburg on September 14, Mackay discussed the state of South Africa's energy landscape.
Chris Griffith Appointed CEO of Vedanta's Base Metals Division and President
Chris Griffith, the former CEO of Gold Fields, has been designated as the CEO of Vedanta Resources' Base Metals unit and appointed as the President of its International Businesses, commencing October 2. In his new role, Griffith will oversee a wide spectrum of international operations within Vedanta Resources. This includes leadership of the international zinc
Sibanye-Stillwater's Consultations on Kloof 4 Shaft Restructuring
Sibanye-Stillwater, a company listed on both the SE and NYSE, is embarking on a critical phase of consultations involving organized labour and various stakeholders who are directly affected by the potential restructuring of its South African gold operations. This action comes as a response to persistent financial losses over an extended period and operational challenges
Navigating the Dispute: WBHO's Perspective on Sanral's New Procurement Rules
Johannesburg Stock Exchange-listed construction and engineering giant WBHO remains optimistic that a resolution can be reached in the ongoing dispute between major construction firms and the South African National Roads Agency (Sanral) regarding the agency's new preferential procurement guidelines for its tendering process. According to WBHO CEO Wolfgang Neff, it is crucial for rationality to
FirstRand's Prudent Lending Strategy Shields It from Credit Losses
FirstRand, South Africa's largest bank by market value, has successfully sidestepped a surge in bad loans that has plagued some of its competitors by adopting a cautious lending approach in the wake of the Covid-19 pandemic. This strategic choice to prioritize prudence over rapid loan expansion has allowed FirstRand to navigate the challenging economic landscape
Nigeria on the path to Restoring Nationwide Power Grid Stability
Nigeria is in the process of restoring power nationwide following a significant grid collapse that affected all 36 states and the capital city. The outage, which lasted approximately 10 hours, was attributed to a fire incident within one of the country's power plants, leading to sharp frequency drops and ultimately causing a grid failure. This
Postbank Board Dismissed Amid Unlawful Contracts Scandal
The board of directors at Postbank has been ousted following the revelation of unlawful contracts with suppliers, which came to light after a nationwide system failure last week. Over 600,000 beneficiaries felt the repercussions of this system glitch, leading to an urgent response from government officials. Minister of Communications and Digital Technologies, Mondli Gungubele, took
Cabinet Approves Groundbreaking Plan for South Africa's State-Owned Enterprises
The Cabinet has granted approval for a groundbreaking new strategy concerning South Africa's beleaguered state-owned enterprises (SOEs). This development comes with the green light given to the draft National State Enterprises Bill, presenting the potential for private equity investment within state-owned companies and their subsequent listing on the stock exchange. This transformative initiative encompasses major
Glencore refinery Investment Deadline in Jeopardy Following Tragic Explosion
Glencore, a significant player in commodities trading, finds itself at risk of failing to meet the investment deadline for a Cape Town refinery in South Africa due to an unfortunate explosion that forced the plant to cease operations for several years. The company had committed to investing R6 billion in the refinery when it acquired
Transaction Capital's CEO David Hurwitz Forced Out Amid Share Price Plunge
The abrupt departure of CEO David Hurwitz from Transaction Capital sent shockwaves through the market, resulting in a significant drop in the company's share price, plummeting over 20%. The announcement, released after the market closed alongside a pre-close update, was remarkably brief, comprising a mere 138 words. The core statement regarding his departure was a
Google to possibly add multi-device support for RCS messaging
Reports have revealed that Google could possibly have plans to make it easier for Android users to send and receive RCS messages from Google Messages to other phones and devices. A few code strings in Google Messages have shown that Google intends to use phone numbers to make interacting with RCS chats on multiple devices
Complete electricity blackout in Nigeria as grid collapses
This week, Nigeria’s electricity distribution companies reported “a total system collapse, which led to a widespread blackouts across Africa’s biggest economy. The minister of power, Adebayo Adelabu, revealed that it was fire that caused an explosion on a transmission line connecting the Kainji and Jebba power plants in north central Niger state, tripping the grid.
Nokia manufacturer is launching own smartphone brand
The company that owns the rights to manufacture Nokia-branded mobile phones, HMD Global will be launching its own smartphone brand soon. Making the announcement this week on LinkedIn was the Finnish company’s co-founder and CEO, Jean-Francois Baril. “True to our values, HMD will continue to design for a more sustainable and affordable future for people.
Google rolls out Zoom and Prime Video to Android Auto-equipped cars
Google has made an announcement that it is currently rolling out WebEx and Zoom integration on Android Auto-equipped cars. This follows the revelation from the tech giant that it has intentions to work with the companies at its I/O 2023 conference on the 10th of May. According to reports by Android Central, the integration with
Pick n Pay to let consumers buy smartphones and TVs on credit with PayJustNow offering
One of the biggest retailers in South Africa, Pick n Pay has become the latest store to let customers buy products on credit using the increasingly popular “buy now, pay later” (BNPL) model. In a statement released on Thursday, the company mentioned that it will be selecting products including smartphones and TVs, available on the
Ashoka and Lenovo: Joining Forces to Inspire the Next Generation of Changemakers
Leading technology company, Lenovo, and Ashoka, a global organisation dedicated to promoting social entrepreneurship, continue to partner and inspire the next generation of changemakers in South Africa (SA). The collaboration brings together Ashoka's extensive experience in social innovation and Lenovo's technological expertise to foster positive change in this diverse region. With a shared vision of
BUILDING BRAND TRUST AND LOYALTY IN THE ERA OF COMMUNITY COMMERCE
In today's digital age, brands are constantly seeking new and innovative ways to connect with consumers and promote their products. Fuelled by the pandemic and technological advances, e-commerce has enjoyed significant growth in recent years. It is now an essential part of the consumer experience and – aided by social media – has created an
Impact report shows Vodacom-led programme is having a significant impact in reducing GBV and bullying in South African Schools
Vodacom has set up a monitoring and evaluation function to measure the impact of our socio-economic development investments on society. A recent impact assessment report of the Foundation demonstrates that the psychosocial programme launched in 2021 in partnership with the Department of Basic Education (DBE), is making serious strides in reducing incidents of Gender Based