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E-toll payments will be refunded: Lesufi
Gauteng Premier Panyaza Lesufi has stated that those who have paid their e-tolls throughout the years will be reimbursed. The premier told 702 on Tuesday (3 January) that the choice on whether or not to compensate Gauteng motorists was one of the fundamental difficulties that led to the e-tolling system not being discontinued on December
South Africa's most affordable hybrid vehicles
In South Africa, hybrid and electric vehicle sales increased dramatically in 2022, with conventional battery hybrid (BHEV) sales growing by nearly 320%. In the first three quarters of 2022, combined traditional hybrid sales were 2,638 — a significant rise from the 627 sold in 2021. According to data from the National Association of Automobile Manufacturers
What you need to know about AI. Not all AI is "artificial intelligence"
In August 1955, a group of scientists requested $13,500 in funds to hold a summer workshop at Dartmouth College in New Hampshire. They planned to investigate artificial intelligence (AI). While the funding request was small, the conjecture of the researchers was not: "every aspect of learning or any other feature of intelligence can in principle
Takealot's most costly items, including an R360,900 second-hand watch
Takealot, South Africa's biggest online store, provides a diverse choice of items, including those that can leave a significant dent in your budget. MyBroadband investigated the most costly things available from retailers in December and discovered that textbooks, watches, drone cameras, and battery backup-inverter combos topped the list. The most costly item was not a
The R8 investment might be worth R1.7 trillion — Plans for South Africa's first helium plant in 2023 are enormous
South Africa may soon become the world's eighth producer of highly sought-after helium. That is, assuming Renergen's Virginia Gas Project, the country's first and only on-shore petroleum production plant, can be restarted in the coming months. Renergen's goal to begin manufacturing liquid helium in July 2022 was delayed due to the facility's tough year. Helium
In the last seven years, no Vodacom directors have purchased the company's stock
According to the Johannesburg Stock Exchange (JSE) news service's directors' transactions reports, no Vodacom top executive or director has purchased shares in the firm in the recent seven years. The trading of shares by directors attracts attention since it might reveal their outlook on the company's prospects. Directors have a thorough awareness of their company's
One year later, big Bitcoin expectations are far off
A year ago, crypto experts were riding high on the success of 2021, and some predicted that Bitcoin would reach $100,000 or more in 2022. That's a long way from where the coin will really end this year: $16,500. Bitcoin lost more than 60% in 2022, its second-worst annual performance on record, and just its
Massive price cuts for petrol and diesel will begin in 2023
South African motorists will be greeted with significant price reductions at the pump beginning in early 2023. The Department of Mineral Resources and Energy has released the country's official fuel prices for January 2023, which indicate significant reductions in petrol and diesel costs. From Wednesday, 4 January 2023, the retail price of 93 and 95
The elimination of e-tolls has been postponed until the new year
The e-toll system was supposed to be phased out by December 31, 2022, but the Gauteng government says this has been pushed out into the new year. The provincial administration indicated in a statement released on Saturday that an agreement with the National Treasury to facilitate the deactivation of e-tolls had not yet been reached.
Chinese telecoms giant Huawei returns to normalcy after US restrictions
Chinese telecoms company Huawei has registered its third straight quarter of growth, declaring a return to normalcy after overcoming a number of restrictions in the United States in 2022. Huawei’s sales grew by 7.2% to 191 billion yuan (R465 billion) in the December quarter, that is according to Bloomberg’s calculations off annual figures. This follows
Postbank handed another 12 months to solve its security issues
The underfire South African Post Office has been given until the end of 2023 to ensure its house is in order. Per a report carried out by Business Insider South Africa, the state-owned Postbank will not be kicked out of the national payment system, says the Reserve Bank. Operated by the South African Post Office,
Gauteng government to hold memorial service for Boksburg Explosion victims
As South Africa mourns those who passed away during a horrible gas tanker explosion that took place in Boksburg, the government will hold a memorial service on Friday. Mourners are expected to pay their respects to the victims of the Boksburg gas tanker blast and the Gauteng provincial government will host the service at the
Department of mineral and energy rejects Eskom’s application for diesel licence
The department of minerals resources and energy has turned down Eskom’s application for a diesel wholesale licence. It is reported that the DMRE has rejected the embattled power supplier, Eskom’s bid to acquire a licence for diesel. Eskom sent its application for the licence to import its own fuel so that it could buy diesel
The Nissan Magnate SUV offers versatility as it boasts 74kW of power
As the cost of living continues to go high and hit many people, the Nissan Magnite is just a perfect option when buying a car. The rise in fuel and food prices means consumers will have to resort to buying a car that offers multi-use capacity. Looking at the Nissan magnate, reviewers say the car
City of Cape Town announces the closure of certain beaches due to pollution
While it is expected that many travellers will flock to Cape Town to wrap up 2022, the City of Cape Town will close some of the beaches. The council has issued a reminder to residents and visitors that Milnerton Lagoon, Milnerton Estuary Mouth, and Lagoon Beach will remain closed for swimming due to pollution in
22-year-old Mzamo Mbhele develops an app to help job seekers with no data
A young South African student is breaking ground after unveiling a brand new application that seeks to help job seekers. As a student at the Mangosuthu University of Technology, Mzamo Mbhele has developed an app called Job X which will definitely help many locals. The 22-year-old from Umlazi in Durban is a third-year IT software
41 flights were affected by fuel shortages at OR Tambo International Airport
BusinessTech Africa understands that the fuel shortage at OR Tambo International Airport has affected many flight operators. This website published on Wednesday that passengers at OR Tambo International were left stranded owing to fuel shortages. In the latest development, the Airports Company South Africa (ACSA) says that challenges with refuelling of aircraft impacted 41 flights
Think carefully before retweeting: South Africa is cracking down on digital abuse
South Africa has recently been subjected to a bombardment of cyber-attacks and/or cyber-related/enabled crimes, with many individuals and organisations caught off guard. South Africa was rated third in the world in terms of the number of cybercrime victims in 2021. As a result, cyber security is becoming a significant issue, particularly in light of social
SA retailer Shoprite sells R20 million shares as part of annual rebalancing
South African giant retailer Shoprite has sold its shares in what is described as a rebalancing act by the company. Shoprite CEO Pieter Engelbrecht said they have sold R20 million in the company’s shares in the week just before Christmas. The retail company announced the development in a statement on Wednesday, saying the sale is
As 2022 come to an end, South Africa has seen 200 days of power outages
On Tuesday, South Africa reached 200 days of power outages in 2022, with more to come. Because of its ageing and poorly maintained power stations, Eskom has conducted record rotating outages this year. Energy scarcity has hampered investment and dragged on output. "The fluctuations in the supply of electricity have profound implications for the economy