Banking group Absa has launched its first mobile bank branch on a trial basis in the rural town of Idutywa in the Eastern Cape, where the bank’s bricks-and-mortar branch was destroyed in a fire. The “Branch on the move” concept is designed to simulate
Copper theft sank to its lowest level since 2009 in January, the SA Chamber of Commerce and Industry (Sacci) said on Monday. Sacci’s Copper Theft Barometer was R11,1m in January this year compared to R12,4m in December, Sacci said in a statement. “This is the lowest
The Free State provincial government spent R140m on its website, it was reported on Monday. Free State director-general Elzabe Rockman signed a three-year contract to redesign the website in 2011, the Sowetan newspaper reported. She had reportedly disputed
Draft legislation could pave the way for the state to e-mail road traffic fines to motorists, it was reported on Monday. Beeld reported that this had emerged from amendments to the Law on the Administrative Adjudication of Road Traffic (Aarto) published in the Government Gazette in
Basic education minister Angie Motshekga faces strong opposition if she installs fingerprint machines in schools, if the response from outraged teachers is anything to go by. Her critics include the two largest teacher unions, which this week questioned what impact such monitoring could possibly
Logicalis, a subsidiary of JSE-listed multinational IT group Datatec, has agreed to buy the European subsidiaries, excluding the UK business, of 2e2 for €24m (US$31m) in cash and new shares. Logicalis will acquire the business from the administrators of 2e2. In addition, the UK operations
Vodacom has unveiled its first contract tariff plan that offers subscribers unlimited phone calls and text messages for a fixed monthly fee. The new product forms part of a new portfolio called “Red”. The unlimited plan
Eskom has been granted an 8%/year electricity tariff hike for the next five years, significantly below the 16% it was seeking, the National Energy Regulator of SA (Nersa) said on Thursday. The power utility quickly spoke out against Nersa’s decision, saying the the approved tariff hike will
The Square Kilometre Array (SKA) and MeerKAT radio telescope projects have been allocated R1,9bn over the next three years, according to the 2013 national budget tabled by finance minister Pravin Gordhan on Wednesday. A large portion of the international SKA project
Consumers who have been looking forward to Telkom’s new 20Mbit/s and 40Mbit/s digital subscriber line (DSL) broadband products are going to have to dig deep for access to the ultra-high-speed network. Prices from the country’s
