Browse every article
10,685 articles
China’s Cathay Pacific to relaunch direct flights to Johannesburg, South Africa
Chinese airline Cathay Pacific is set to relaunch routes to South Africa around August this year, the carrier has announced. Based in Hong Kong, Cathay Pacific announced on Monday that it was going to resume direct flights between the Chinese territory and South Africa. The service will restart on August 2, and will be operated
Despite spending R560 million on diesel, Shoprite registered growth during Black Friday
South African retail giant Shoprite benefited from the Black Friday sales during the festive season, announced the company on Tuesday. The benefits were registered in the record Black Friday and festive season as Shoprite delivered double-digit first-half sales growth. BusinessTech Africa understands that the retailer spent more than half a billion rand to keep the
Fintech company JUMO ropes in Kenya’s Joe Mucheru as a new president
African fintech company has announced Kenya’s Joe Mucheru as the president and the news is publicised on Tuesday. BusinessTech Africa has established that Mucheru is a former Cabinet secretary in the Ministry of ICT, Innovation, and Youth Affairs in Kenya. – a position he occupied from 2015 to 2022. JUMO released a statement indicating that
Two brilliant SA scientists to showcase research at Taiwan's international science fair
Two South African youngsters, Dia Singh and Jaco Jacobs will hoist the country’s flag at the upcoming 2023 Taiwan International Science Fair. The duo, Singh and Jacobs will head to the 2023 Taiwan International Science Fair and will showcase their projects between 6 and 10 February. Singh and Jacobs have been awarded the opportunity to
2022's best-selling smartphone brands
According to the International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker, South Korean tech giant Samsung will continue to be the world's top-selling smartphone brand in 2022. In 2022, the smartphone industry had a significant 11.3% drop in sales, with 1.21 billion handsets delivered – the lowest level since 2013. However, the industry's two
Convergence Partners obtains R5.1 billion for a fund to invest in digital infrastructure
The Convergence Partners Digital Infrastructure Fund (CPDIF) has reached a total capitalization of $296 million (R5.1 billion). It stated that this was 18% greater than its intended goal. Convergence Partners is a private equity firm that focuses in the technology sector in Sub-Saharan Africa. “This achievement is despite subdued private capital fundraising on the continent
How much can a solar power system contribute to the value of your home?
How much can a solar power system contribute to the value of your home? Installing backup power equipment such as a solar system for your home might boost its worth by up to 8%, and South Africans have numerous alternatives for paying off the expenditures over time. According to Only Realty general manager Megan Ladbrook,
Minister Naledi Pandor urges MTN and Ghana to urgently solve the tax saga
International Relations and Cooperation Minister Naledi Pandor has urged MTN and authorities in Ghana to deal with a R13 billion tax dispute urgently. Ghana is the mobile operator, MTN’s third-biggest market, and the South African company was hit with a surprise R13 billion back-tax bill from the Ghana Revenue Authority early this month. Media reports
Struggling sugar maker Tongaat Hulett parts ways with CEO Gavin Hudson
Tongaat Hulett has parted ways with CEO Gavin Hudson who resigned from his position after four years on the job. This comes as the sugar maker’s release of a business rescue plan for embattled sugar has been pushed by a month until the end of February. Per media reports, the firm's business rescue practitioners said
Google has developed an AI music generator
Google researchers have created an artificial intelligence (AI) music generator that takes text cues to generate minutes-long musical compositions, according to a research paper published by the firm. MusicLM is a new product from Google that employs a hierarchical sequence-to-sequence architecture for conditional music synthesis. The music is created at a rate of 24kHz, which
Banks where you may obtain your passport and smart ID
More than 30 bank locations are now available for South Africans to renew their passports or apply for a smart ID card. However, there are significant inconsistencies between the DHA's roster and the branches listed on its online booking platform. The DHA-supported bank locations listed on the eHome Affairs platform can handle such applications, however
Renault and Nissan reach historic agreement in signing rebalancing deal
Two gigantic motor makers Nissan and Renault have reached an agreement and the French maker will now slash its stake in Nissan as part of a deal rebalancing the rocky alliance. The two companies announced the news on Monday and it is announced that the deal is set to see Nissan take a stake in
<strong>Consumers spent big on groceries, entertainment and fuel in December</strong>
With Janu-worry drawing to a close, and as South Africans recover from the traditional spending over the December holiday period, BankservAfrica’s Point-of-Sales (POS) transactional data showed how the spend varied among cost-conscious consumers. “The total spend during the month amounted to R100 billion as volumes reached 142 million in December,” says Solly Bellingan, Head of
Toyota South Africa planning to manufacture hybrid & electric Hilux vehicles
Toyota South Africa is now looking at manufacturing hybrid and electric Toyota Hilux versions but it is waiting for the go-ahead from the government. Toyota South Africa Motors exports around 44% of total production from its Durban plant exported to Europe, and the company is set to face a tough challenge as that market increasingly
Load-shedding provides wireless ISPs a competitive advantage over cellular networks Says expert
Wireless Internet service providers (Wisps) have a particular edge over mobile network operators due to Eskom's rotating power interruptions (MNOs). According to Paul Colmer, a member of the Wireless Access Providers' Association's executive management committee, Wisp network equipment uses a quarter of the power that carrier-grade cellular equipment does. “There is a new sheriff in
Nigeria announces extension to swap old currency notes to February
West African powerhouse, Nigeria has announced the deadline for the expiration of higher denomination naira notes to February 10. The country’s central bank said it extended the deadline owing to long queues developed at banks and commercial activities almost came to a halt for a lack of the new currency. The extension will give “all
Ground-breaking initiative supports African mayors to transform their cities
African Mayoral Leadership Initiative (AMALI) is the first leadership programme focused specifically on African city leaders The African Mayoral Leadership Initiative (AMALI) outlined plans today to catalyse city transformations throughout the continent. The programme will provide African city leaders exclusive, tailored assistance, drawing on the views and expertise of a renowned group of coaches that
Russia’s Nordwind Airlines expected to launch flights to OR Tambo International
The South African government has sensationally committed itself to help boost Russian tourism and discussed the possibility of seeing Nordwind Airlines travelling to the country. Information landing at BusinessTech Africa’s desk is that South Africa is negotiating with Russia’s Nordwind Airlines about launching direct flights between Moscow Sheremetyevo and Johannesburg O.R. Tambo. However, the airline
Government confirms there’s new swine flu in a Gauteng farm
The Department of Agriculture, Land Reform, and Rural Development has announced that there is a new outbreak of African Swine Fever (ASF) on a farm in Gauteng. According to the statement, the department confirmed that the farm has been put under quarantine and the Provincial Veterinary Services instituted forward and back-tracing investigations to identify any
Eskom looking unleashes 500MW of renewable energy from second land-lease tender
Power utility Eskom is set to host site visits next month for independent power producers interested in four new parcels of grid-ready land in Mpumalanga. The electricity supplier will make these available under its long-term lease programme for the development of up to 500 MW of renewable energy generation. The request for proposals (RFP), which