Author: Agency Staff

Post Office won’t be privatised

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Turnaround plans at the South African Post Office do not include any talk of privatisation, says the state-owned company’s new CEO. Cabinet on Thursday approved the appointment of Mark Barnes as group CEO

Barnes wants a profitable Post Office

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Possibilities exist for the beleaguered South African Post Office to be profitable again, said the state-owned company’s new CEO. On Thursday, cabinet approved the appointment of Mark Barnes as group CEO of the

SA hikes interest rates

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In the second interest rate hike for the year, the South African Reserve Bank’s monetary policy committee hiked the repo rate to 6,25%, governor Lesetja Kganyago announced on Thursday

MTN fined in Uganda

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Africa’s biggest mobile network MTN has been slapped with a Ugandan court order to pay $662 000 (R9,3m) in damages for alleged anticompetitive behaviour. It is understood that MTN supplied a mobile money transfer

The reason South Africans switch banks

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What would frustrate South Africans enough to switch banks? Surprisingly it is not benefits, or rewards, or a cheaper alternative that would make them move, but impolite, rude or uninterested staff. This is a wake-up call for local banks, but South Africans are not alone in their number

Wi-Fi take-up in SA ‘too slow’

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Despite the lower cost of Wi-Fi compared to mobile network connectivity, there is still low adoption of the technology in emerging markets such as South Africa, says an industry player. “In developed markets, Wi-Fi adoption in homes is more or less 100%

SABC debuts its first-ever Web-based TV series

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A new “Laan” is coming to the SABC in the form of Systraat, the South African public broadcaster’s first Web series in the form of an Afrikaans animation show. Systraat will also be the SABC’s first show to roll out and be “broadcast” online first before it’s shown on linear television