Browsing: News

A wage agreement between government and civil servants for the 2021/2022 fiscal year will cost about R20-billion, national treasury said on Wednesday.

Outgoing Takealot Group CEO Kim Reid said the South African Post Office should get the basics right – delivering the mail – before trying to enforce a monopoly over the delivery of parcels weighing less than 1kg.

Telkom has finally launched support for embedded Sims, or eSims, on smartphones connected to its network.

South Africa’s headline unemployment rate hit a record high of 34.4% in the second quarter from 32.6% in the first three months of the year as businesses shed staff due to Covid-19 lockdowns.

OPay, an Africa-focused digital payment start-up founded by a Chinese entrepreneur, has secured $400-million in its latest funding round led by SoftBank Vision Fund 2, valuing it at $2-billion.

Google’s new submarine cable system, Equiano, which will connect Africa and Europe, will make its first landfall later this week – on the island of St Helena in the South Atlantic.

Facebook is letting some users make voice and video calls within its main app on a trial basis, aiming to make it easier to place calls without opening its standalone Messenger app.

In a virtual strategy update event on Friday, Standard Bank Group revealed that it plans to cut head office and branch space by as much as a quarter by 2025.

It was only a few weeks ago that some strategists were eyeing a possible drop to $20 000 for bitcoin, months after it had hit an all-time high near $65 000 in April. Now it’s back above $50 000. What happened?

South Africa has started geological mapping at the country’s first carbon capture and storage (CCS) site, where it plans to…