Author: Staff Reporter

South Africa is again on the brink of load shedding after Eskom was forced to take several power generating units off the grid on Thursday.

Shoprite Group has created a new digital business unit called ShopriteX in which it plans to combine data science, technology and innovation to “enhance customer experiences”.

Uber Technologies has announced a huge expansion of its operating base in South Africa, launching in 21 of the country’s smaller cities and towns, and reaching 80% of the urban population.

Chinese-owned Uber Technologies rival Didi Chuxing Technology – better known as DiDi – will be launched in Johannesburg and Pretoria next Monday, 23 August.

Mastercard is phasing out cards with magnetic stripes, more than six decades after the technology was first introduced, as consumers adopt chip- and tap-based payments in increasing numbers.

A trading update for the first half of the year from Massmart on Friday spooked investors who had been banking on a stronger recovery. Game is at the centre of the problems.

Walt Disney Co’s popular and fast-growing streaming service, Disney+, is coming to South Africa. The platform will be available sometime in the middle of 2022.

Government on Thursday published changes to the Electricity Regulation Act, making it official that power producers of up to 100MW will not require a licence from energy regulator Nersa to operate.

Shares in Alviva Holdings jumped more than 18% in intraday trading on Thursday morning after the ICT distribution group said full-year earnings per share are likely to nearly double.

MultiChoice Group-owned Internet streaming provider Showmax is upping the ante in the streaming wars, offering access to all matches of the English Premier League, La Liga and Serie A.