Executives at Telkom are taking home higher pay, while its lower level employees face job cuts and possible salary freezes. For the financial year to 31 March 2015, CEO Sipho Maseko’s total remuneration jumped to R12,3m from R11,7m in 2014, according to
Author: Agency Staff
Media24 CEO Esmare Weideman has apologised for Naspers’s role in apartheid. “We acknowledge complicity in a morally indefensible political regime and the hurtful way in which this played out in our newsrooms
The South African Revenue Service has served notice to organisations that flout the law with a message that the “game is over”. Sars on Wednesday debuted a new container scanner at the Cape Town port, f
More than 14 000 people have signed an online petition launched on Thursday against the Film and Publication Board’s (FPB’s) draft online regulations. “A new set of regulations threatens
The South African Reserve Bank’s monetary policy committee hiked the repo rate by 25 basis points to 6%/annum, effective from 24 July 2015, its governor Lesetja Kganyago announced on Thursday. Banks will raise their prime lending and variable mortgage
The City of Cape Town is warning motorists not to drive while using cellphones as it ramps up its confiscation programme. On Tuesday, the city announced that it was nearing the 10 000 mark in terms of confiscated cellphones from drivers since 2012.
Young Jo’burgers in school and university still use libraries — but not necessarily for reading. It appears that while the number of people using library facilities are on the rise, it is mostly for studying, research or for access to the Internet, according to the
Smart technologies in modern cars could make them vulnerable to hackers, a video purports to show. In a YouTube posting by Wired, a standard 2014 Jeep is hacked by a pair who compromise the cellular connectivity of the vehicle. “It hasn’t been altered in any way
Cybercrooks don’t need to hack your computer or cellphone to steal an identity. They simply trawl cemeteries for a target ID, says a security expert. “Fraudsters will trawl cemeteries, online obituaries, even newspapers to find a deceased person that
High levels of government intervention, high tax rates, complicated investment opportunities and a high level of trade union involvement have weighed down South Africa’s wealth scorecard, a study revealed on Tuesday. New World Wealth analyst Andrew