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Jeff Bezos to invest in start-up aiming to reverse ageing
Jeff Bezos Reportedly Invests in Start-up Aiming to Reverse Ageing, He reportedly invested in a company researching how to reverse biological ageing. The company, according to MIT Tech Review, Altos Labs, is working on biological reprogramming technology to essentially prolong human life, A Russian-born billionaire tech investor, Yuri Milner, and his wife, Julia, have also
iPhone 13 launch threatened by Chinese company claiming Siri violates its patent
Chinese AI company Shanghai Zhizhen Intelligent Network Technology, also known as Xiao-i Robot, has asked a court to block the manufacturing and sale of Apple’s iPhone in China, days before Apple’s expected unveiling of the iPhone 13. The South China Morning Post reports the firm last Friday applied to the Shanghai Higher People’s Court for a
Lockdown to be relaxed in South Africa — with fewer alcohol restrictions
South Africa’s government is preparing to ease restrictions that were imposed to curb the spread of the coronavirus after a sustained slowdown in new infections. Larger public gatherings are likely to be permitted, making it easier for political parties to campaign for upcoming municipal elections, according to two people with knowledge of the deliberations within
Air France confirms launch of new route to Maputo, Mozambique
Johannesburg, 9 September 2021 Air France confirms that flights to Maputo, Mozambique will commence from 2 December 2021. Originally planned for the end of October 2021, changes in the economic and sanitary context have led to this decision. The flight to Maputo will be a continuation of the Johannesburg flight. Wilson Tauro, Country Manager Southern Africa Air France-KLM, affirms that Air France remains strongly
MTN in talks to sell its wireless business in Afghanistan
MTN Group is in talks with potential international buyers for its wireless business in Afghanistan, a bid to accelerate plans to exit the country, according to people familiar with the matter. Africa’s biggest mobile phone operator, the market leader in Afghanistan with a 40% share, is in discussions with several parties, said the people, who
Shoprite delivers for shareholders
Shoprite's results for the 53 weeks to July 2021 have landed and they didn't disappoint, with the share price closing 2.57% higher on the day.When the country's largest private sector employer releases results, people pay attention. Before we get into the result…Unfortunately, a 53-week result is one of the frustrations in the retail sector. Many
South Africa’s energy regulator gets new CEO
The National Energy Regulator of South Africa (Nersa) has announced energy minister Gwede Mantashe has appointed Nomalanga Petronella Sithole as Nersa’s new chief executive officer and full-time regulator member for five years, effective from 25 August 2021. Sithole has 24 years of experience in energy regulation. She was employed by the former National Electricity Regulator
Bitcoin crashes
Bitcoin plunged as much as 17% to its lowest level in a month amid news El Salvador’s crypto rollout was faltering. The largest cryptocurrency fell as low as $43,050 in New York Tuesday, tumbling more than 10% in the course of an hour after it had broken above the the closely watched $50,000 level. The
Apple product event announced — iPhone 13 reveal expected
Apple’s next major product-unveiling event will happen at 19:00 on 14 September 2021. Dubbed “California Streaming”, the event is expected to include announcements of a new iPhone, Apple Series smartwatch, and third-generation AirPods earbuds. Reports suggest four iPhone 13 models will be unveiled — mini, standard, Pro, and Pro Max. These will supposedly come in the same
Bitcoin becomes an official currency of El Salvador republic
As of today, Bitcoin is an official currency of El Salvador alongside the US dollar, after the Central American country became the first to adopt the cryptocurrency as legal tender. At three minutes to midnight local time, the country’s populist president Nayid Bukele tweeted that the country was about to “make history” with the move,
Women are better at sticking to their debt commitments
07 September 2021: We applaud all the women who continue to empower and educate themselves and their families. According to Stats SA, in the last 5 years, women occupied on average 51% of positions classified as "professional" which require people who are highly skilled. This is up from an average of 46% in the 5
Cell C IT executive accused of swindling over R130 million in 8 years
Cell C’s former head of IT is accused of masterminding a scam that siphoned R357.3 million from the mobile network operator over the course of eight years, Mail & Guardian reported. This follows reports from earlier this year that the IT executive and an accomplice were arrested for alleged fraud and corruption. “They allegedly colluded with a
Libya oil engineers say output normal despite blockade threat
Engineers at the Libyan oil ports of Es Sider and Zueitina said on Saturday that production was normal despite the announcement by a group calling themselves people of the oil crescent region that they were blocking exports. The group said in a video message, standing in front of an oil facility, that their demands included
Ryanair ends talks with Boeing on large 737 MAX 10 order
Ryanair (RYA.I) has ended talks with Boeing (BA.N) on a major new order for Boeing 737 jets due to a disagreement over pricing, the Irish airline said on Monday. Ryanair is already the largest European customer for the 737 MAX, with 210 firm orders of the 197-seat MAX 8-200 model. In July it said it
Truworths downplays value retail pilot of new Primark stores
Fashion retailer Truworths International’s CEO Michael Mark says the group’s newly established value brand Primark is still in its experimental stages and is yet to make an impact on the group. He was commenting on the group’s foray into the booming value or budget retail segment during Truworths’s financial results webcast on Friday. The move
South Africa sets rule to lower sulfur in diesel fuel by 2023
South Africa published regulations that lower the sulfur content allowed in the country’s diesel fuel, which may force some oil refineries to upgrade in order to meet the standards. Diesel grades allowed for sale may not exceed 10 parts per million, or ppm, according to a government notice on petroleum product regulations dated Aug. 31.
Virgin Mobile to shut down in South Africa
Virgin Mobile will soon be no more. South Africa’s first mobile virtual network operator, which was launched on Cell C’s network to much fanfare 15 years ago, will close its doors on 1 November. The decision to shut up shop comes after the business was placed into voluntary business rescue in November 2020. The company
How B2B eCommerce is changing sales and why it’s important
For years, eCommerce has been a disruptive force. All you have to do is take a walk through any city centre and look at how brick and mortar stores are faring. More and more businesses are moving online. The pandemic has underlined the importance of strong digital channels, particularly for business to business (B2B) buyers
Jeff Bezos gives away $172m in Amazon stock
Jeff Bezos donated more than $170 million in Amazon.com Inc. shares just over a month after he announced a series of mega-donations. The world’s richest person said in July he would give $100 million to Van Jones, a CNN political contributor and founder of Dream Corps, and to chef José Andrés, who cofounded World Central
SA to participate in BIS central bank digital currency experiment
The Bank for International Settlements will test the use of central bank digital currencies with South Africa, Australia, Malaysia and Singapore in an experiment that could lead to a more efficient global payments platform. Codenamed “Project Dunbar”, the study aims to develop prototypes for a common platform that will enable international settlement in digital fiat