Digital cryptocurrency Bitcoin faces a key year ahead that could seal the fate of its long-term adoption, says South African-born Silicon Valley entrepreneur Vinny Lingham. Lingham first integrated Bitcoin payments into his US-based digital gift
Author: Agency Staff
South African-born Silicon Valley entrepreneur Vinny Lingham wants to curb identity theft with his latest venture, called Civic. Lingham shot to Silicon Valley fame when he sold his virtual gift card service Gyft to First Data for more than US$50m in 2014
Eskom had a debt of R333bn at the end of last year, according to a written parliamentary reply by public enterprises minister Lynne Browne. The power utility’s approved borrowing programmes
Politicians should not run ahead of themselves and expect the wholesale or partial privatisation of state-owned enterprises (SOEs), deputy President Cyril Ramaphosa said in parliament on Wednesday. Responding to oral questions from
A forensic investigator has alleged an inside job at First National Bank and MTN in a Sim-swap scam that pilfers customers of hundreds of thousands of rands. Private consulting forensic
The risk of load shedding could increase as a result of energy regulator Nersa’s decision to only give Eskom half of its required tariff increase on Tuesday. Eskom CEO Brian Molefe said the decision to only approve a 9,4% electricity price increase
National energy regulator Nersa has given two main reasons for granting Eskom a 9,4% tariff increase for the 2016/2017 financial year. The hike will kick on 1 April. In terms of sales, Eskom applied for
Trade union federation Cosatu has slammed Telkom’s plans to cut 300 jobs and outsource another 254 staff. On Friday, Telkom confirmed that a section 189 process – which deals
Energy regulator Nersa approved a 9,4% electricity hike for 2016/2017 on Tuesday. Eskom submitted an application to Nersa in November last year to recover R22,8bn, which the utility said it used to avert load shedding. The decision comes after extensive
The MD of channels at e.tv, Monde Twala, is leaving the free-to-air commercial broadcaster in the latest of a string of high-level executive changes. Twala is expected to exit the company in April. Just over a week