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Major plans to decrease load shedding in Cape Town This month
The City of Cape Town says it is on pace to abandon load shedding and Eskom, with a fresh tender for the most substantial power purchase phase to be released in the coming weeks. Geordin Hill-Lewis, the city's mayor, announced on March 29, 2023, the opening of a 500MW tender to purchase power on the
How to Manage Identity Sprawl Using an Identity Fabric
The enterprise operates on SaaS, from HR to IT to manufacturing to finance. Yet, the fast adoption of SaaS services has resulted in a two-pronged danger of identity theft and hijacking of vital technologies used to manage the digital organisation. SaaS-generated identity sprawl has become a serious challenge with modern work relying on SaaS-delivered solutions.
Five Strategies for Increasing Productivity as a Small-Business Owner
Small-business ownership can be both a difficult and rewarding experience. The demands on a small-business owner's time and energy are never-ending, from keeping track of finances and operations to monitoring staff and making key choices. It's no surprise that many small-business owners struggle to be productive and efficient. But, in today's fast-paced and competitive corporate
The Next Big Thing To Watch Is The Internet Of Behavior
The world of technology is continually evolving, and with it, the creation of new communication protocols such as the Internet of Behavior (IoB). IoB provides a novel method for monitoring, controlling, and modelling human behaviour. As IT leaders in an ever-changing sector, we must remain ahead of new trends in order to reap the rewards.
New digital payment, PayShap launches in South Africa
On Monday, March 13, 2023, the South African Reserve Bank (SARB), BankservAfrica, and the "big four" banks launched PayShap. The "big four" banks, Absa, Nedbank, FNB, and Standard Bank, introduced the digital payment system today and are going live. Additional financial institutions are anticipated to join in the coming months. PayShap will enable South African
PayShap – it’s easy, safe and instant
The launch of PayShap, South Africa's first low-value, interbank, real-time digital payments service, on March 13, 2023, marks an incredible milestone. “Widely anticipated in the market and global payments community since its journey kicked off in 2017, we are extremely pleased to announce that PayShap is officially live,” says Mpho Sadiki, Head of Real-time Payments
Loadshedding forces MTN to spend R695 million on costs
With load shedding still continuing to hit many sectors of the economy, MTN has seen its costs rise to R695 million in 2022 alone. MTN is South Africa’s second-biggest mobile network estimated that load-shedding cost its operations in the previous year. In the MTN Group annual results for 2022, the telecoms operator said that operating
<strong>Ex-Eskom spokesperson Sikhonathi Mantshantsha joins News24</strong>
Former Eskom spokesperson Sikhonathi Mantshantsha has joined News24 and will be part of the business desk. The publication announced the news on Monday confirming that the award-winning financial journalist will join its team in April. Formerly with Financial Mail as the deputy editor, Mantshantsha has been the power utility’s spokesperson for the past three years.
SA research on plastic pollution to be showcased at Tunisia Science Fest
Research conducted by two South African learners that seek to mitigate plastic pollution, reducing the threat it poses to plants, animals, and the environment, will be showcased at the 2023 International Festival of Engineering Science and Technology in Tunisia (I-FEST2). Joseph Gibbon and Matthew Redfern, Grade 12 learners at Pinelands High School in the Western
Shell & Qatar Energy Namcor engage explore oil in Namibian waters
Namibia is involved in another oil exploration project and the oil is discovered by Shell, Qatar Energy, and the National Petroleum Corporation of Namibia (Namcor). It is reported in South West Africa that the exploration is taking place between Windhoek and Mariental which has a distance of approximately 270 kilometres. The three bodies are in
Uganda Airlines partners with SAA to boost its Entebbe-JHB route
East African airliner Uganda Airlines is looking to partner with South African Airways to boost traffic to its routes between Entebbe and Johannesburg. The Kampala-based carrier looks to tap into the wider southern Africa market. According to AirInsight, the carrier added a fifth flight to the service starting March 1 with an aim to plug
African Women Discuss their financial struggles, Innovations and Success on Forbes Leading Women Summit 3.0
Forbes Africa hosted women from across the globe on March 8th to celebrate, teach and inspire, to exchange knowledge and wisdom with one another. This year's theme was women 3.0: The Icons and Ideas Shaping Africa. The event began with a powerful speech by Forbes Africa Managing Editor, Renuka Methil, “let us ignite historic shifts
Gold miner Sibanye Stillwater retrenches almost 170 workers
South African miner Sibanye has retrenched almost 170 employees following a consultation process at Beatrix 4 shaft and Kloof 1 plant. This publication has learned that the mining company said the consultations – which were held in accordance with Section 189 of the Labour Relations Act – were constructive and helped to minimise jobs losses.
Sasol manages to contain hazardous ammonia in Mpumalanga
Media reports landing on BusinessTech Africa’s desk indicate that an ammonia leak at a Sasol plant has been successfully contained. This comes after reports that in the early hours of Friday morning and it has been contained, the synthetic fuel and chemicals giant has said. According to a Sasol spokesperson, a strong ammonia smell was
HBO Max and Discovery+ new plans include name change & new shows
HBO Max is set to undergo some changes as Warner Bros. Discovery prepares to unveil its official plans for the combined streaming service with Discovery+. According to Bloomberg, the service will maintain HBO Max's current pricing, with an ad-supported tier priced at $10, a no-ads tier at $16, and a new $20 tier offering higher
BMW & AirConsole launch competition for in-car game developers
BMW Group and AirConsole have announced a collaboration to launch a competition for developers to create games designed specifically for in-car use. The goal of the competition is to encourage developers to pioneer the field of in-car gaming and tap into the potential of the global game developer community. Both companies are promoting the competition
Northam Platinum to proceed with RBPlat takeover as rival withdraws
Northam Platinum has confirmed that it will proceed with its takeover offer for Royal Bafokeng Platinum (RBPlat) after a complaint made by Impala Platinum (Implats) was withdrawn. On November 9, Northam announced it would offer R172.70 per RBPlat share in a cash and shares offer. At the time, Northam owned just under 35% of RBPlat
Botswana firm on demand for larger share of diamond sales
Botswana's President Mokgweetsi Masisi has stated that the country will not back down on its demand to sell a larger share of the diamonds produced by its joint venture with De Beers. This statement raises the stakes in talks to renew a sales deal that expires in June. Botswana and De Beers mine diamonds together
How Blockchain Technology May Bring About Global Revolution
It is easy to conclude that the worldwide cryptocurrency business had a difficult year in 2022. It began with the steady decline of bitcoin's price from its all-time high of roughly $69,000 and finished with the unexpected collapse of crypto exchange FTX and the arrest of its disgraced founder and former CEO, Sam Bankman-Fried. In
The Top 4 Ways ChatGPT Can Be Applied in Telecom
In recent years, the telecommunications business has seen numerous changes and difficulties, necessitating the development of more efficient and effective communication solutions. One answer to this problem is to employ a language model driven by artificial intelligence, such as ChatGPT. ChatGPT has the potential to revolutionise how telecoms handle customer service, network management, fraud detection,