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WeThinkCode CEO Nyari Samushonga bags coveted accolade at IT industry awards
WeThinkCode CEO Nyari Samushonga was voted as the winner of the coveted IT Personality of the Year Award during the Institute of Information Technology Professionals South Africa (IITPSA) 2022 President’s Awards. Held on Tuesday, the other top award of Visionary CIO was presented to Intikhab Shaik, head of technology and solutions delivery at the South
Sibanye Stillwater sets aside R10.7 billion to fund lithium project in Finland
The board of Sibanye Stillwater has approved a substantial R10.6 billion capital expenditure to fund its Keliber lithium project in Finland. Sibanye Stillwater announced the development on Monday as it seeks a foothold in the European battery metals sector. The mining company’s CEO Neal Froneman said they are delighted to advance and grow their presence
Relief for diesel users as it will go down next week, petrol price to hike
As South Africans are getting ready to get on the road and travel for the summer holidays, they will have to anticipate petrol price hikes. This comes as oil prices plunge to their lowest levels since last year, diesel prices look set to decrease from record highs next week, but if your car uses petrol,
FNB clients splashed a whopping R3 billion during this year’s Black Friday
As this year’s Black Friday is slowly becoming a thing of the past, First National Bank says its customers spent a record R3 billion on Black Friday. FNB says most shoppers headed out to physical stores to grab deals ranging from household goods to clothing items. The bank, FNB, said that this is the highest
Retailer Checkers unveils first fully electric truck that glows when it's dark
South African retail giant, Checkers Hyper, becomes the first grocery and household store to pilot a heavy-duty fully-electric truck in its fleet of vehicles. The Checkers Hyper-branded has unveiled a new Scania Battery Electric Vehicle (BEV) that boasts nine batteries and solar panels fitted to its roof. Checkers says these help support a fully-electric cooling
R75 million cocaine concealed in oranges found in the UK from South Africa
Police in the United Kingdom say they have found 49kgs of cocaine hidden in a shipment of oranges from South Africa. According to the police in the United Kingdom, the street value of the drugs is at R75 million and the picture from the South West Regional Organised Crime United shows the shipment. South West
Metrorail service returns between Soweto and Johannesburg
There’s a relief for passenger railway services as Metrorail announced that the line between Naledi and Johannesburg will be open on Monday. The service will make use of Metrorail’s new electric modular units train sets for the first time. As the service is expected to be effective from November 28, the Metrorail train is set
Vision 2025: Ethiopian Airlines unveils plans to expand its fleet
Ethiopian Airlines says its progressive goal is to expand its fleet and enlarge its network. As part of “Vision 2035” plans, the airline will introduce more than a hundred new aircraft to its fleet. BusinessTech Africa has learned that the airliner also plans to add more cities to its network, totalling its destination network to
Data leak on WhatsApp: 500 million user records for sale
Someone is allegedly selling the current phone numbers of nearly 500 million WhatsApp users. This is likely confirmed by a data sample examined by Cybernews. On November 16, an actor advertised a 2022 database of 487 million WhatsApp user mobile numbers on a well-known hacking community forum. Each country has a large number of phone
The non-life insurance industry is facing challenges, but it is not all bad news
The non-life insurance industry in South Africa is facing significant challenges. Following a difficult year in 2021 in which the industry dealt with the fallout from an unstable grid, mass riots and looting, and weather-related losses, optimism for an economic recovery has remained muted this year. Changes in the climate The impact of climate change
Banks in South Africa are warning customers to be wary of these banking scams
Consumers must be aware of common scams as online transactions become the norm and personal banking details are protected by a slew of passwords and authentication processes. Discovery Bank has urged its customers to be 'cyber-safe' during sales such as Black Friday and Cyber Monday, as well as the holiday season in general, citing the
Golden Arrow has ambitious plans to replace its diesel buses with locally built electric buses
Golden Arrow Bus Services (GABS) wants to increase the number of electric buses it operates, and it hopes to foster job growth by ensuring that some of the components are manufactured locally. In December 2020, the company began testing two electric buses and discovered significant energy savings of 60 to 70%. Golden Arrow's decision comes
One SA Black Friday shopper splashes close to R400 000 on two transactions
BusinessTech Africa has found that one South African consumer has splashed close to half a million on Black Friday deals. Various media publications in South Africa reveal that PayFast’s BFCM 2022 statistics portal is live and it permits users to trace their spending. The portal is mainly focusing on South African customers and looks at
Hawks take the fight against corruption to the municipal level
Several recent arrests of municipal managers in Mpumalanga, as well as one each in Limpopo and the Free State, indicate that the Hawks' anti-corruption campaign is spreading to the local level. The Hawks announced in August that it was investigating 22 000 cases worth R1.5 trillion. While the majority of these are high-profile, regional branches
Phathiswa Magopeni on the verge of returning to SABC as board member
Having left the SABC under a cloud of controversy, former head of news Phathiswa Magopeni is on the verge of making her return to the public broadcaster. Magopeni has been included in the list of candidates vying for a position on the SABC board and her inclusion has been confirmed by the Parliament’s subcommittee. News24
RAMAPHOSA: it’s very easy to blame the President and government…
President Cyril Ramaphosa has assured South Africans that Eskom's problems, which have resulted in load shedding due to power plant breakdowns, will be resolved. On Thursday, the President briefed the media in London on the outcomes of his State Visit to the United Kingdom (UK). His Majesty King Charles III invited the two-day visit, which
South African Reserve Bank to unveil new coins in January 2023
After announcing changes to South African coins back in August, the South African Reserve Bank will finally unveil them in January next year. Media reports indicate that the South African Reserve Bank has gazetted the new designs for the 2023 Fourth Decimal Coin Series of South Africa. BusinessTech Africa understands that the R5, R2, R1,
Coal exporter Thungela to own 100% of Zibulo Colliery
South African coal exporter Thungela Resources has officially agreed with its black economic empowerment partner Inyosi Coal. The partnership is all about buying a 27% interest in Anglo American Inyosi Coal (AAIC) which is under Inyosi’s ownership in exchange for shares in Thungela. This has come to the attention of BusinessTech Africa that 100% of
Gauteng uses drones and panic buttons to combat crime
The Gauteng Treasury says it will spend millions of rands to combat crime in the province. MEC for Finance in the province, Jacob Mamabolo, presented the province's medium-term budget policy statement on Thursday (24 November), stating that the treasury has allocated R173 million for this goal in the most recent fiscal year. He stated that
US retail giant Walmart wraps up R6.4 billion ownership of Massmart
United States-based retailer Walmart has just wrapped up its mission to acquire 100% ownership of Massmart. Walmart’s move comes after the company bought a 51% stake in Massmart more than 10 years ago. Media reports suggest that Walmart pronounced the intention to over Massmart back in August as also reported on by BusinessTech Africa. The