How the ANC broke Eskom

Source: MyBroadband Eskom was once so successful that it was supplying more than half the electricity in Africa. However, years of corruption, incompetence and political meddling has brought Eskom to its knees, and it is now begging for bailouts to stay afloat. The...

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Record-breaking fuel price drop on the cards

By Tom Head for The South African Has Santa Clause been listening to the South African public? A petrol price decrease of epic proportions is now certifiably on the cards for December, after the Central Energy Fund (CEF) released a new round of data. Last week, we...

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FNB offers “tap and PIN” ATM transactions

Source: The Citizen FNB has become the first bank in South Africa to offer consumers an innovation that allows them to tap bank cards and enter a personal identification number (PIN) to perform a transaction without inserting the cards into automated teller machines...

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Reducing technology to increase productivity in your office

Written by Jason O’Brien for Training Journal  The introduction of digital technologies into the workplace has brought with it a number of advantages. Businesses have solutions to improve productivity and reduce expenditure. Employees have greater flexibility and...

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South Africa adopts Cybercrime Bill

Source: South Coast Sun Parliament’s Justice Committee officially adopted the Cybercrimes and Cybersecurity Bill last week. The Bill is aimed at bringing South Africa in line with other countries’ cyber laws and the threat of cybercrime, and it has introduced new laws...

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$17.4bn wiped off Zuckerberg’s fortune

By Melanie Kramer for Money Makers Facebook founder and CEO Mark Zuckerberg has lost $17.4 billion, suffering from Facebook’s reputation and share price this year. He’s not the only billionaire to lose out in 2018, but he’s currently the most famous and has certainly...

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SA’s FinChatBot startup secures R7m investment

Source: Tech Financials South African venture capital firm Kalon Venture Partners and Mauritius-based Compass Venture Capital announced on Monday that they have invested $500 000 (over R7-million) in financial services chatbot provider, FinChatBot. FinChatBot develops...

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Standard Bank to retrench 526 IT workers

By Kabelo Khumalo for IOL  South Africa’s jobs bloodbath is raging with Standard Bank today announcing that the restructuring of its IT division will see more than 500 workers sacrificed. Standard Bank spokesperson Ross Linstrom says of the impacted permanent...

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