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You can now “Scan to Pay” from Capitec bank
Capitec bank has revealed the launch of “Scan to Pay” QR code payment option in the latest banking app. Capitec said this is the only Scan to Pay offering from a South African bank that can be used across all major QR code-based payment providers, including SnapScan and Zapper. According to the statement released by
Elon Musk makes world’s second richest person, displacing Bill Gates
South Africa’s very own tech entrepreneur, Elon Musk has taken over the second richest person in the world, displacing Microsoft founder Bill Gates. According to reports by the Bloomberg Billionaires Index, which ranks the Tesla CEO with a $127.9 billion fortune, above Gates ($127.7 billion) for the first time. Musk is said to have begun
Bolt launches an emergency response button
Bolt, formerly known as Taxify, has launched an emergency response button to ensure the safety of their customer rides. The SOS button is found within the Bolt app’s Safety Toolkit and allows passengers to connect with 24/7 private armed response teams, private emergency medical services, and roadside assistance. According to the statement released by the
Ministers intervene on the SABC retrenchments and hold it back
The South African Broadcasting Corporation (SABC) recently revealed that they have plans to cut down up to 400 jobs and freeze salaries. Now that it is going under political and union pressure, the SABC board has decided not to proceed with the retrenchment until at least January. The delay plan comes despite the board’s insistence
Uber Pass lands in South Africa at R100/month
Uber has launched Uber Pass in South Africa, a R100/month subscription that works across the company’s ride-hailing service and its food-delivery platform offering various discounts. South Africa is the first market in Europe, the Middle East and Africa to get the Pass subscription service. The service is available across South Africa. “For anyone relying on
Telkom launches call centre for cancellation and retention services
After all the complaints around the difficulties of cancelling a Telkom contract, the telecommunications company has announced the launch of a cancellation and retention call centre to streamline customer service process. The inbound Interactive Voice Response (IVR) call centre will allow customers to speak to an agent. The new Cancellation/Retention Call Centre allows customers to
Jeff Bezos set to invest in latest African FinTech VC deal
Amazon CEO Jeff Bezos, has agreed to back Africa-focused financial technology company Chipper Cash, making it his first start-up investment on the continent. The world’s richest man’s personal venture capital fund, Bezos Expeditions, supported the series-B funding led by Ribbit Capital, which raised US$30 million for the San Fransisco-based company. “Jeff Bezos’s backing of Chipper
Nikon to cut down jobs on slump in camera business
Nikon Corp. is making plans to reduce about 2,000 employees, or 10% of its total workforce, due to a slump in its core camera business, Nikkei reported. Its business was also impacted by the performance of Intel, one of Nikon’s key clients of semiconductor equipment, the daily reported, without saying where it got the information.
See the best Black Friday tech deals
Black Friday is the time where you can get more for less. You can purchase your tech equipment as Black Friday sales are on offer from many local retailers, and a number of stores have extended their sale period in the wake of COVID-19. Most stores began their sales from today, and others are set
Delta hints at the possibility of purchasing Boeing's 737 MAX: FT
Delta Air Lines Chief Executive Ed Bastian hinted at the possibility of purchasing Boeing Co’s 737 MAX, which was recently approved to fly again by U.S. regulators, in an interview to the Financial Times on Sunday. "We're talking to Boeing about lots of different things, the Max included," Delta's chief executive told the Financial Times.
DELL XPS 13 2-IN-1 (2020) REVIEW: SPEEDY, SPECTACULAR CONVERTIBLE
Not only is the Dell XPS 13 one of Dell’s best-known laptops, but it’s one of the best-known laptops, period. If you know anything about Windows laptops, you’ve probably heard its name. It’s great in pretty much every way, and it just keeps getting better. So it’s forgivable to hear about a “Dell XPS 13 2-in-1” and assume
Tiger Brands tamed by earnings decline
Tiger Brands has reported a sharp decline in full-year earnings after some of its operations were impacted by Covid-19 and exports were held back by a dispute with a former distributor in Nigeria. However, it's sweetened its payout to shareholders with a special dividend and says a rejig of its operating model should help reverse
Sasol shareholders back Lake Charles deal
Sasol's shareholders have voted overwhelmingly in favour of the sale of a 50% stake in the base chemicals operations at its Lake Charles Chemicals Project (LCCP) to LyondellBasell Industries. The deal was approved at a general meeting ahead of its annual general meeting on Friday and followed news earlier in the week that the last
Exxaro’s new partnership with GIBS empowers local entrepreneurs
Johannesburg, 23 November 2020 – Exxaro, one of South Africa’s largest black-empowered resource companies, has announced a new supplier development partnership with internationally accredited University of Pretoria’s, Gordon Institute of Business Science (GIBS). The two organisations are launching a new Contractor Development Programme. The programme aims to promote and support the advancement and empowerment of local
These are the most common passwords of 2020
We are in year 2020, therefore we cannot be still using passwords such as “123456”. Though using “password” or “12354” is considered more of a meme than an actual password that people use nowadays, Nord’s list proves otherwise. NordPass recently published a list of the 200 worst passwords of 2020, along with details on how
Telkom CEO Sipho Maseko sells shares worth R6.3-million
Telkom CEO Sipho Maseko has offloaded R6.3-million worth of the shares he holds in the JSE-listed telecommunications group, a regulatory filing on Wednesday showed. Maseko, Telkom said in a statement issued via the JSE’s stock exchange news services, sold the shares on 12 and 13 November, just days after the company exited a closed period
Capitec officially launches virtual banking card
Capitec has announced the official launch of the virtual card for clients, which is a completely digital banking card that can be used to shop online or make digital payments. According to the bank, the benefit of this digital card is that users don’t have to worry about it getting lost, stolen, or cloned. The
Investec reinstates dividend despite tough first half
The first half of the financial year has been characterised by difficult and volatile market and economic conditions attributed primarily to Covid-19," CEO Fani Titi said. "We are encouraged by the resilience of our loan book, the performance of our core franchises against a tough backdrop and progress made on our strategic objectives."Operating income before
Exxaro tops the Sunday Times Top 100 companies list
Exxaro Resources, South Africa’s largest black-empowered resource company, has been ranked 13th in the Sunday Times Top 100 Companies in South Africa in the 2020 list. This is a remarkable achievement, as the mining company placed 37th in 2019. As one of the most prestigious award events on the business calendar, the Sunday Times Top
eBucks to reward customers with R20m worth of prizes in celebration of 20th birthday
eBucks Rewards is officially turning 20 years and they will celebrate the milestone by rewarding FNB and RMB Private Bank customers with R20 million worth of prizes between 20 November until 9 December 2020. Johan Moolman, CEO of eBucks Rewards says, “eBucks is proud of the meaningful 20-year contribution to helping members manage their money.