Browsing: News

The strike at the South Africa Post Office has been suspended, the Communication Workers Union announced on Tuesday. “Over the past weekend, CWU engaged with workers through our regional and local leadership with workers

South African-born founder of SpaceX and Tesla Motors Elon Musk will receive honorary membership of the Institute of Electrical and Electronics Engineers in 2015, becoming the second person from South Africa to receive the

Despite the introduction of Europay, MasterCard and Visa chip cards by South Africa’s banks, fraudsters continue to clone the cards to use them in countries that haven’t implemented the EMV standard for card payments. Until the banks stop

Christmas sales will be dominated by more affordable tablets and smartphones, digital toys and niche homeware items. That’s the prediction of Pick n Pay’s Mark Wood, who heads the retailer’s generation merchandise buying division

The banking industry’s gross fraud losses due to South African-issued credit card fraud has soared in 2014. In the first nine months of the year, losses have accelerated to R453,9m, from R366m in the same period a year ago. The biggest contributor

Spain’s Zwipit has been launched in South Africa, promising consumers cash for their old phones and tablets. South Africa is the 10th country in which Zwipit, which was founded in 2011 and which is headquartered in Madrid, has been launched. Other markets where it operates include

Tencent continues to underpin the Naspers growth story, with the Chinese company contributing a stronger-than-expected R6,2bn to the JSE-listed group’s core headline earnings in the six months to end-September 2014. Indeed, the Internet segment remains the fastest growing part of the Naspers stable and

Operations at the South African Post Office (Sapo) are improving as the number of employees returning to work increases, the entity said on Monday. “The number of Sapo employees that have heeded the call to return to work … has increased sharply,” said Simo Lushaba, head of the

The ANC is not in favour of privatising the country’s power system, despite problems with parastatal Eskom, secretary general Gwede Mantashe said on Monday. “Electricity remains a public good and therefore, if you totally privatise

Financially distressed technology services company Gijima has appointed Bill Hoggarth, who was named as its chief sales officer in May, to its board of directors. Gijima, which is currently seeking to raise R100m from shareholders through a new rights offer, says Hoggarth’s appointment as an executive