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Eskom beefs up security to minimise vandalism and theft at its power stations
With Eskom fighting hard to overturn its fortunes and financial standing, the power utility has had to implement new security measures. Eskom wants to fight an increase in conductor theft and vandalism across its infrastructure including coal, diesel, and copper thefts. The vandalism and thefts have led to a loss of profits and increased replacement

Top ten best-selling automobiles in 2022, with the top model selling over 30,000 units
According to data from the National Association of Automobile Manufacturers of South Africa (Naamsa), South Africa's new-vehicle industry is still on the rise, with 2022 sales running 13.6% ahead of the same period in 2021. Over the course of the year – from January to November 2022 – the automobile sector sold over half a

Be wary of these insurance frauds that are on the increase in South Africa
Insurance sales, claim, and recruiting scams are on the rise in South Africa, according to Hollard, with tourists particularly vulnerable since they tend to relax their guard during the holiday season. The association recommended policyholders to get informed with the current insurance scams and take proactive steps to avoid falling victim to scammers who are

Bots stole the internet data of 48,000 South Africans, and here is how much it sells for on the black web
According to NordVPN's study, at least five million people worldwide have had their online identities stolen and sold on bot markets. The organisation examined three main bot markets and discovered that 48,000 South Africans are victims, with stolen data selling for an average of R102 on the dark web. The term "bot" in this context

Best of 2022: Phala Phala – a scandal that nearly took down a presidential administration
It was a scandal that almost brought a president down. Phala Phala ascended to the top of the South African vernacular in 2022, after former spy commander Arthur Fraser filed criminal accusations against President Cyril Ramaphosa in connection with the undocumented theft of millions of dollars from his game property in 2020. The controversy began

TUI passengers were left stranded in a different country due to staff issues
Passengers of a TUI flight from Cape Verde to Manchester were forced to land in a different country and passengers were stuck. The passengers were left stranded overnight after the flight made an unscheduled stop in Tenerife in the Canary Islands. English media report that just after the TUI flight took off on December 16,

Daybreak Farms hit by strike, workers demand 33.3% wage increase
The South African poultry industry if hit by another strike as workers at Daybreak Farms demands 33.3 % salary increase. It has come to the attention of this website that the workers affiliated with the Food and Allied Workers Union (FAWU) have downed tools on Tuesday. BusinessTech Africa understands that the workers are demanding a

For the time being, the public sector strike has ended
But unions and federations aim to boost the ante in 2023, with Popcru stating they are 'important services employees without vital income'. Labour groups representing public-sector employees plan to escalate their campaign against the government's pay offer after the holidays, with some pushing for a full-fledged walkout. Workers have flatly rejected the government's 3% baseline

Eskom received no Christmas gift
Tariff pain for consumers has been postponed till the new year. Consumers will now have to wait until the new year for word on what is likely to be a significant rise in electricity tariffs. Nersa, the energy regulator, has been allowed an extension to establish Eskom's prices for 2024/25; it now has until January

MUSK SAYS HE WILL RETIRE AS TWITTER CEO ONCE A SUCCESSOR IS FOUND
Elon Musk said Tuesday that he will leave as CEO of Twitter once a replacement is found, in apparent reaction to a survey he sponsored that indicated users wanted him to step down. Elon Musk said Tuesday that he will leave as CEO of Twitter once a replacement is found, in apparent reaction to a

How to Budget in South Africa During the Holiday Season
Despite the fact that mid-December is traditionally associated with recuperation and leisure, it may also be a time of financial hardship for some South African families, according to Lynn Bolin, head of communications at M&G Investments. According to M&G Investments, the holiday season comes with its own set of costs, such as buying gifts for

South Africa's best-performing stocks this year
Recent research from investment firm Nedgroup offered investment insights into South Africa's best-performing equities, with some exceeding a 50% rise by 2022. Nedgroup Investments is a South African asset management firm with about R350 billion in assets. According to the organisation, major global central banks have begun one of the most rapid monetary policy tightening

Woolworths introduces click-and-collect for online purchases – how it works
Woolworths, a major South African retailer, has teamed with logistics provider Pargo to expand its online delivery network and allow consumers to pick up their online shopping at Pargo click-and-collect pick-up sites near them. According to Woolworths, this agreement would allow consumers to pick their shipments from a convenient location and time, giving them more

Jobs in South Africa with the highest average salary
Statistics South Africa's employment data indicates which workers in the country's formal, non-agricultural industries get the highest average wages. The Quarterly Employment Survey data from Stats SA covers eight key industries or sectors in South Africa, which are further subdivided into 20 sub-categories, primarily made up of various manufacturing sectors, as well as a split

The most frequent vehicle insurance claims over the holiday season – and how to prevent them
The Christmas season is a time of long-awaited vacations and celebrations. It's also known for seasonal spikes in traffic accidents and vehicle-related crimes like theft and hijacking. According to Ernest North, co-founder of Naked Insurance, these are the most prevalent vehicle insurance claims during the December holiday season. According to Stats SA, 42,000 households experienced

Eskom's predicament is worsening
Eskom CEO Andre de Ruyter's departure is a big blow for the state-owned power provider and South Africa for a variety of reasons. It comes at a time when the utility, which generates 95% of the country's power, need steady leadership. Stability is essential for success in Eskom's three major transformations. It must reverse the

There will be a cabinet reshuffle coming up
Following the outcome of the ANC's 55th elective conference, President Cyril Ramaphosa will have to replace his government in the coming weeks. Fikile Mbalula, the Transport Minister, has been elected as the party's secretary-general, a full-time job in Luthuli House. Mbalula told the media after the election that he would retire as transport minister as

Good news! petrol price is expected to fall in January
Weekly data from the Central Energy Fund (CEF) reveals that motorists in South Africa will be entering the new year with a substantially lower petrol price – and an even greater decrease on the cards for diesel. According to CEF statistics for 16 December 2022, motorists may expect an R1.93 per litre drop in petrol

What the law says regarding home security cameras in South Africa
According to Roy Bregman, a property law specialist at Bregman Moodley Attorneys, CCTV systems should always be put with consideration for a neighbouring property. "Problems can arise when you cross the line of monitoring your own property and someone else's," he adds. In terms of privacy and the law, Bregman stated that if your camera

Johannesburg will declare a state of disaster
Following disastrous rains that devastated infrastructure and cost the city millions, the City of Joburg has declared a local state of disaster. Joburg mayor Mpho Palatse warned on Monday (19 December) that severe downpours that contained larger than typical hail stones caused damage to property, wildlife and flora,and key infrastructure in the city, including roads,
