Source: SA Commercial Prop News Finance Minister Tito Mboweni on Wednesday delivered the toughest budget since the dawn of democracy. His speech comes in the wake of shocking unemployment figures that were shared by Stats SA on Tuesday. The unemployment rate in the...
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2021 Budget in a nutshell
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Imperial acquires Parcelninja in one of SA’s biggest e-commerce deals
Source: MyBroadband JSE-listed Imperial announced that it has acquired Parcelninja on 1 February 2021 in one of the largest e-commerce deals in South Africa. Parcelninja was founded in 2013 by Justin Drennan, Ryan Drennan and Terence Murphy and it launched its first...
Uber South Africa faces class action lawsuit
By Khulekani Magubane for Fin24 Two law firms have announced that they will initiate an opt-out class action lawsuit on behalf of South African Uber drivers. This comes after the UK Supreme Court ruled last week that Uber drivers should legally be classified as...
Google Maps gets full-fledged dark mode on Android
Source: IOL Google Maps is now getting a full-fledged dark mode on Android – a feature has been in testing since September 2020. “These days, we are all experiencing a bit of screen fatigue. With the dark themes in Google Maps soon expanding to all Android...
Massive car licence rush expected to hit SA
Source: capetown.gov The City of Cape Town managed to license and register the more than 1,3-million registered vehicles in Cape Town in only six months, between June 2020 and December 2020. This is a doubling of the number of vehicle transactions normally done per...
SA’s jobless grows to 7.2m
By Siphelele Dludla for IOL South Africa’s unemployment rate increased by 1.7 percentage points to an unprecedented 32.5 percent in the fourth quarter of 2020 compared from 30.8 percent in the previous quarter. This is the highest jobless rate since the start of the...
Sandton City sees a spike in luxury purchases
By Londiwe Buthelezi for Fin24 The owner of Sandton City says footfall at the country’s premier shopping centre recovered to 87% of pre-lockdown levels on weekends in October. Its other big malls, such as Eastgate in the East Rand and Liberty Midlands Mall in...
SA’s matric results shock
By Jamie McKane for MyBroadband The recent matric results announced by Minister of Basic Education Angie Motshekga reflected a pass rate of 76.2%, down by more than five percentage points compared with last year’s results. Additionally, the “real matric pass rate”,...
Companies who used ‘Jerusalema’ for advertising may be in for a bill
Source: Eyewitness News Master KG’s Jerusalema was the sound of 2020. It was the song that launched countless homemade challenge videos and even found its way into a presidential address last September. “There can be no better way to celebrate our South...
TOWER celebrates one-year anniversary
One of the largest self-adhesive brands in South Africa, TOWER, celebrates its first anniversary as an independent company, while also settling into their new offices and manufacturing facilities. TOWER began its journey in 1966 with a simple dream: to make life...
Chairman’s letter – February 2021
On the Covid front, the first batch of the vaccine arrived with much fanfare, only to be found ineffective for the SA strain of the virus. This was followed by a small quantity of the J&J vaccine which was started to be rolled out to frontline workers. Hopefully...
Anton Herbst appointed CEO of Tarsus
Source: ITWeb Technology group Tarsus has appointed Anton Herbst as its CEO with effect from March, replacing Miles Crisp, who resigned earlier this month. The company says Herbst brings to the role more than two decades of leadership experience in the ICT...
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