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Tesla announces robot
As Elon Musk stood in the wings at Tesla Inc.’s AI day, a person dressed in a skintight white suit and grey space helmet did a jerky robot dance across the stage. And with that, Musk flagged a move into a new realm of science-fiction: lifelike humanoid robots designed to take the drudgery out of
Sugar industry reiterates commitment to transformation
South African Sugar Association (SASA) Vice Chairperson, Joanmariae Fubbs, has commended the organisation for recognising the need to promote diversity by availing more land for black farmers in the industry. “SASA has been able to transform more than 21% of free owned land on the sugarcane from white farmers to black farmers without a shot
7 things that have become more expensive in South Africa this year
Statistics South Africa published its Consumer Price Index (CPI) for July 2021, with inflation edging lower to 4.6% in July from 4.9% in June and 5.2% in May. In July, the monthly increase in the consumer price index (CPI) was 1%, the highest monthly jump since July 2020, when the CPI increased by 1.3%. The
MTN launches its 5G network in SA
MTN SA today announced the launch of its 5G network which the network is promising would deliver higher peak data speeds, ultra-low latency, increased reliability and greater network capacity. Launching with 100 sites, MTN’s 5G network today covers areas of Johannesburg and Cape Town, as well as Bloemfontein and Port Elizabeth. “Today, from MTN’s birthplace
Standard Bank to open branches inside Pick n Pay stores in South Africa
Standard Bank has started constructing in-store branches in select Pick n Pay outlets as part of a new partnership between the two companies. Pick n Pay said that the branches will initially be available in a few stores across the Western Cape and Gauteng A number of services will be offered at these branches, including,
Rand hits R15.17 to dollar – worst level since March
The rand, which managed to avoid a major blowout following riots in two of South Africa’s key provinces in July, finally gave way and weakened below the psychological R15 to the US dollar level on Thursday. This is its weakest level since March. The local currency hit R15.17 to the greenback around 10am, after breaking
Uber expands to 21 more South African towns and cities
Uber Technologies has announced a huge expansion of its operating base in South Africa, launching in 21 of the country’s smaller cities and towns, and reaching 80% of the urban population. The move doubles the number of urban centres in which Uber operates in South Africa to more than 40. The new cities and towns where
Makro’s plans to become an online shopping powerhouse
Massmart’s new head of ecommerce, Sylvester John, has divulged the company’s plans to develop a market-leading online shopping experience in South Africa. John previously served as vice president for last-mile delivery in North America at Massmart’s majority shareholder, Walmart. He played a key role in launching and positioning Walmart’s online grocery pickup service in the
JP Morgan invests R340m on SA’s SMEs
The initiative will not only provide funding, but also business and mentorship support to early-stage businesses. Fund, grant This programme will see JP Morgan becoming the first international investment bank in South Africa to launch a dtic-approved Equity Equivalent Investment Programme (EEIP) called the Abadali EEIP, consisting of The Abadali Fund, a black business growth
Checkers just revealed a shop without tills, run on AI and machine vision
Retail giant Shoprite on Wednesday revealed that it is testing an automated Checkers concept store with no cashiers, or till points." Checkers Rush is a "no queues, no checkout, no waiting" concept store, it said. "Using advanced AI camera technology to identify the products being taken off the shelves, Checkers Rush bills users’ bank cards
Microsoft hires former Uber exec to lead a new consumer apps effort
Microsoft is hiring Manik Gupta, the former head of product at Uber, in a renewed effort to boost Microsoft’s consumer apps. Gupta will be responsible for Microsoft Teams consumer, Skype, and GroupMe, and he will report directly to Jeff Teper, Microsoft’s head of Microsoft 365 collaboration. Gupta spent four years at Uber running the various
Top 10 business ideas for students in South Africa (2021)
There are numerous reasons why you should have a side hustle. Some of them include the following; • Money This is a big reason why you should have a side hustle. Even if you the son of a rich man, it should not stop you from making your own money. This is the first reason
iPhone update causing “No Service” sign
Several iPhone users are reporting the latest iOS update has a bug that is killing their cellular network connectivity. According to 9to5Mac, users on Apple’s Developer Forum and Discussion forum said the issue has been occurring for at least a few weeks after updating to iOS 14.7.1 or the iOS 15 Beta. The iPhone 6s,
12 of South Africa’s top women entrepreneurs to celebrate this Women's Month
According to The Global Entrepreneurship Monitor, Africa now has the highest growth in businesses started and run by women. In many fields, women entrepreneurs are leading the way. At The Workspace, we love seeing this in practice. The women entrepreneurs among our members do everything. They offer tax advice to manufacture personal protective gear, build business
World’s safest countries to live and do business in today
The world is changing fast with security being more paramount than ever in establishing a successful base to do business and call home. From low crime to thriving business environments, these are the safest countries in the world today. In the era of fast information, faster consumption and new threats on a daily basis, security
The island resort attracting exclusive investment opportunities
Whiling away your days in a luxurious resort-style apartment that overlooks the pristine waters lapping the shores of a quaint tropical island is the stuff of fantasies. And property investor Wade Burns is turning this dream into a reality at Chevron One. The luxury residence is quickly becoming the crowning jewel of Australia’s iconic Gold
This is the five-hour rule for success
Imagine if you could guarantee ultimate career success with as little as one hour of solid dedication a day. For many of the world’s top leaders, they do exactly that with their secret weapon – the five-hour rule. Bill Gates, Jack Ma and Elon Musk are among the visionaries who use the simple five-hour rule to achieve
UK injects R4.6m grant to benefit Durban’s hydrogen economy
The British High Commission announced the allocation of the money which will be implemented through the UK’s Department of Business, Energy and Industrial Strategy (BEIS) under its UK Partnering for Accelerated Climate Transitions (UK Pact) programme. The eThekwini Municipality’s Renewable Energy manager, Sbu Ntshalintshali, said the City’s regional hydrogen economy will include the establishment of
Absa bounces back, but is still losing customers
Absa Group reported a strong earnings rebound across its retail and business banking (RBB) franchises, when compared to the lockdown-impacted first half of 2020, but the group is still not adding customers. Customer numbers are 2% lower than a year ago, but the group says these have “remained stable at the December 2020 level of
Mastercard is phasing out magnetic stripes on its cards starting in 2024
Mastercard is phasing out magnetic stripes on its cards starting in 2024