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  • Trade & IndustryThandile Thobela10 Feb 2023

    Eskom has announced a weekend load-shedding plan, here is the schedule

    Eskom will reduce load-shedding to stage 3 on Saturday, 11 February 2022, at 05:00. Stage 3 power outages will last until 05:00 on Sunday, when they will be reduced to stage 2. The power provider said the rotating power outages would resume at 16:00 on Sunday. “Stage 4 load-shedding will continue to be implemented at

  • Trade & IndustryThandile Thobela10 Feb 2023

    South Africa's most wanted electric vehicles

    The newest Annual Car Industry Report from AutoTrader reveals the most searched-for, visited, and listed electric cars (EVs) on its South African website in 2022. The automobile classifieds network saw a 159% increase in EV advertisement views among its members, owing mostly to new models hitting the market and piqueing customer interest. The RS E-tron

  • News & OpinionThandile Thobela10 Feb 2023

    Ramaphosa and Dlamini-Zuma react to state of disaster concerns

    South African President Cyril Ramaphosa and Minister of Cooperative Governance and Traditional Affairs Nkosazana Dlamini-Zuma have stated that South Africans should not be concerned about the disaster declaration made yesterday, 9 February. Dlamini-Zuma, whose department is in charge of the state of disaster response, told 702 that South Africans need not be concerned about the

  • Trade & IndustryThandile Thobela10 Feb 2023

    South Africa declares Eskom load-shedding a national state of disaster

    Dr Elias Sithole, the chairman of the National Calamity Management Centre, has declared load-shedding a national disaster. On Thursday evening, Cooperate Governance and Traditional Affairs Minister Dr Nkosasana Dlamini-Zuma proclaimed a state of disaster via government gazette. “Emanating from the classification of this occurrence as a national disaster, in terms of section 26, read with

  • Trade & IndustryThandile Thobela10 Feb 2023

    Warning about the impending tragedy – load shedding will only worsen

    The designation of a catastrophe over South Africa's energy issue would not help bring additional power production online swiftly or decrease load-shedding anytime soon. According to Matthew Cruise, Hohm Energy's head of business intelligence, in reaction to President Cyril Ramaphosa's 2023 state of the nation speech on Thursday. While maintaining the previous plan to repair

  • News & OpinionThandile Thobela10 Feb 2023

    The Minister of Electricity might cost South Africa more than R37 million, according to the DA

    According to Leon Schreiber, a Democratic Alliance (DA) public service and administration specialist, South Africa's new power minister might cost the government more than R37 million per year (pictured). President Cyril Ramaphosa announced the new position on Thursday, 9 January 2023, at his State of the Nation Address. Schreiber, on the other hand, feels a

  • TechnologyStaff Writer10 Feb 2023

    SONA 2023: President Cyril Ramaphosa to appoint a new minister focusing on Eskom

    President Cyril Ramaphosa held his fifth State of the Nation Address on Thursday evening and there were a lot of major talking points, but Eskom topped the list. As opposition parties and South African citizens waited with bated breath to hear his plans and ideas as far as unemployment, crime, and the devastating cuts are

  • News & OpinionStaff Writer09 Feb 2023

    Tongaat Hulett appoints former Eskom boss Dan Marokane as interim CEO

    Dan Marokane has been roped in by the struggling sugar producer Tongaat Hulett as an interim CEO. Marokane previously held the role of executive director and his new appointment takes effect on March 1. The appointment comes after the departure of CEO Gavin Hudson as previously reported by BusinessTech Africa. Hudson resigned from Tongaat Hulett

  • Trade & IndustryStaff Writer09 Feb 2023

    Cash-strapped Steinhoff announces plans to sell 6,5% of SA’s largest retailer Pepkor

    Debt-ridden Steinhoff International has made an announcement that it intends to sell up to 6,5% of Pepkor. Steinhoff said on Wednesday that this move will mean it loses its majority stake in South Africa's largest clothing and household ware retailer by store footprint. Based on Pepkor's closing price on Wednesday, the sale could net Steinhoff

  • Trade & IndustryStaff Writer09 Feb 2023

    SA Agricultural sector urges Pres. Cyril Ramaphosa to declare it as an essential service

    The South African agriculture sector has called on President Cyril Ramaphosa to declare the industry as an essential service. This statement was made by Agri SA as it pleaded with Ramaphosa to declare agriculture an essential service amid the country's worsening power crisis implemented by Eskom. Local farmers, who need the power to irrigate their

  • Trade & IndustryStaff Writer09 Feb 2023

    Aviation Cargo Exhibition & Conference returns to Kempton Park, Ekurhuleni

    Air Cargo Africa is returning this year and it will be hosted in Kempton Park in Johannesburg this month. Engineering News reports that the organisers of the premier exhibition and conference Air Cargo Africa, Messe Muenchen India, have confirmed the development. The exhibition will be hosted at Emperors Palace in Kempton Park, from February 21 to

  • Funding & FinanceThandile Thobela09 Feb 2023

    New R2.4 billion development is bringing affordable housing to Stellenbosch, With houses starting at R850,000

    A new complex is set to open in Stellenbosch, with the goal of offering affordable housing to a region that is famously pricey. The Newinbosch area intends to bring cheap, secure living to the mostly privileged Stellenbosch residential market after over six years of meticulous planning, lengthy pandemic delays, and a demanding development clearance procedure.

  • TechnologyStaff Writer09 Feb 2023

    Zoom founder and CEO Eric Yuan announces he will take 98% salary cut

    Zoom CEO Eric Yuan has announced that he will take a pay cut to the tune of 98% as the reason for laying off staffers. Yuan made headlines this week following the fact that he was laying off 1 300 workers and he told the media he would also be taking a 98% salary cut

  • Trade & IndustryThandile Thobela09 Feb 2023

    Pricing: New entirely electric Volvo  currently available in South Africa

    The completely electric Volvo C40 Recharge has gone on sale in South Africa, with a starting price of R1,285,000. The vehicle's first allocation in South Africa is 50 units, with the first customer cars slated to arrive in June 2023, according to Volvo. Orders may be placed using the My Volvo website. The C40 Recharge

  • News & OpinionThandile Thobela09 Feb 2023

    Where to watch Ramaphosa's SONA 2023 in real time

    On Thursday, 9 February 2023, at 19h00, President Cyril Ramaphosa will deliver the State of the Nation Address (SoNA). The speech will be delivered before a joint session of the two houses of Parliament and will be webcast and aired on a variety of media, including news networks, radio stations, DStv, and live-streaming sites like

  • News & OpinionThandile Thobela09 Feb 2023

    South Africa has passed new legislation to limit ministers perks and freebies

    The Democratic Alliance has announced its intention to present a private members' bill (PMB) in parliament to limit the benefits and privileges given to cabinet ministers. The PMB notice was presented by DA MP Dr Leon Schreiber at the end of January, with comments on the bill accessible until 20 February 2023. The proposed bill

  • News & OpinionThandile Thobela09 Feb 2023

    Economist: South Africans have realised that no one would come to their aid

    According to the continent's largest bank, self-generation of energy by South African businesses and homes is expected to lessen rolling blackouts without jeopardising the state power utility's economic model. According to Goolam Ballim, chief economist of Standard Bank Group Ltd, as much as 1,000 megawatts of new generating capacity from privately held auxiliary power systems

  • TechnologyThandile Thobela09 Feb 2023

    Twitter increases character limit for Blue subscribers

    Twitter Blue customers in the United States may now send tweets with up to 4,000 characters. Members were previously restricted to 280 characters per tweet. The "Blue" membership on Twitter allows paying users to edit tweets within 30 minutes of posting them, upload lengthier and full HD videos, and utilise NFT avatars. The capability may

  • TechnologyThandile Thobela09 Feb 2023

    Microsoft rejoined the $2 trillion club

    A recovery in Microsoft Corp. shares sees the software giant's market value expected to close above $2 trillion (R35.44 trillion) for the first time in almost six months, as technology equities bounce. Microsoft gained up to 3.4% to $276.76 early Wednesday, joining Apple Inc. as the only firms with market capitalizations more than $2 trillion.

  • Trade & IndustryThandile Thobela09 Feb 2023

    British Airways and Airlink have joined together to improve flight connectivity in South Africa

    Airlink, a domestic airline, has announced a new codeshare arrangement with British Airways, which would improve air travel between the UK, Europe, North America, and more than 15 Southern African locations. Travelers travelling from Cape Town or Johannesburg, or transiting through London (or vice versa), will be able to connect to their destination on a