The rand tanked to its lowest level yet against major currencies on Wednesday evening, shortly after President Jacob Zuma removed Nhlanhla Nene as finance minister and replaced him with largely unknown David van Rooyen. By midnight, the rand was trading at
President Jacob Zuma on Wednesday announced the removal of finance minister Nhlanhla Nene from the finance portfolio in cabinet. “I have decided to remove Mr Nhlanhla Nene as minister of finance, ahead of his deployment to another strategic position,” Zuma said in a
More than three in four South Africans who were asked for a bribe ended up paying one, according to a survey conducted by the Ethics Institute of South Africa. The average traffic bribe costs around R200, it found, while most bribes were
Vodacom has expanded the number of markets where it’s offering discounted roaming charges, meaning contract customers can make calls while abroad for rates starting at R2,50/minute in countries where Vodafone operates (plus a few others) and going up to R7,50/minute
The percentage of television households in South Africa relying on free-to-air terrestrial services will fall by almost a third in the next three years as pay-satellite, pay-terrestrial and streaming alternatives continue to grow. Research firm Dataxis predicts
How can a person see around a blind corner? One answer is to develop X-ray vision. A more mundane approach is to use a mirror. But if neither are an option, a group of scientists led by Genevieve Gariepy has developed a state-of-the-art detector which, with some
Vodacom will no longer acquire Neotel’s spectrum. Instead, the mobile operator has agreed that Neotel will offer a “roaming agreement” to all the mobile network operators. The surprise development comes after Vodacom and Neotel asked the
Microsoft has announced that it has expanded its online store to South Africa. The website, available at microsoftstore.co.za, sells Microsoft software and hardware as well as products from the
Internet ride-sharing service Uber has added Port Elizabeth to its list of South African cities. Port Elizabeth joins Johannesburg, Cape Town, Durban and Pretoria in having the service. Port
Government is committed to develop a relevant public broadcaster. It seems that some people have already forgotten that pre-1994, the broadcasting system was characterised by inequality of access
