NEWS

Credit analyst responsible for Absa data breach

Credit analyst responsible for Absa data breach

Source: MyBroadband The person behind the recent Absa data breach was a credit analyst at the bank who had access to risk modelling systems and sensitive client information. The employee, who Absa said they trusted, leaked the client data to an external platform and...

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Small businesses get 46% Black Friday boost

Small businesses get 46% Black Friday boost

Source: Gadget.co.za In proprietary data released by South African payments provider, Yoco, small businesses experienced a 46% increase in card transaction volume on Black Friday, compared to the average volume processed on a Friday after payday. In the build-up to...

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Amazon boasts of ‘biggest holiday season’ ever

Amazon boasts of ‘biggest holiday season’ ever

By Jon Porter for The Verge Amazon says it has just had its “biggest holiday season to date” as customers turned to the site to shop rather than venturing out to physical stores. Although CNBC notes that the company did not share actual sales figures for either Black...

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Dell, HP report sales boost on pandemic PC surge

Dell, HP report sales boost on pandemic PC surge

By Nico Grant for IOL Dell Technologies and HP reported quarterly revenue that topped Wall Street estimates, lifted by customer upgrades of personal computers for remote work and school during the pandemic. Dell’s sales climbed 2.8% to $23.5 billion in the...

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Absa suffers data breach

Absa suffers data breach

By Dhivana Rajgopaul for IOL Absa has laid criminal charges against the employee behind the data breach that resulted in clients’ personal information being leaked to third parties. “Absa has brought criminal charges against the employee, and internally the requisite...

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What South Africans bought this Black Friday

What South Africans bought this Black Friday

Black Friday 2020 sales volumes in South Africa were higher than last year, but the growth was far lower than expected. The follow are highlights of the day: 2020 was very different from previous years, as purchasing activity did not start at midnight Sales volumes...

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UK retail giants collapse

UK retail giants collapse

By David Meyer for Fortune Just as the coronavirus pandemic forced big U.S. retail names such as J.C. Penney and Neiman Marcus into bankruptcy, it is now wreaking similar havoc in the U.K. On Tuesday, the Debenhams department store chain collapsed, possibly spelling...

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Stand firm on your pricing – and don’t offer discounts

Stand firm on your pricing – and don’t offer discounts

By Mike Anderson, founder and CEO of NSBC As a business owner you’ve probably been asked to give a discount. How did that make you feel? Your response to that request is critical to the sustainability of your business – as well as to your confidence. Because...

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How Covid-19 has changed the cost of back-to-school 2021

How Covid-19 has changed the cost of back-to-school 2021

By Kerry Sutherland for BizCommunity  Following a year dominated by Covid-19, with its knock-on economic effects, back-to-school 2021 looks different from previous years. Salary cuts and retrenchments have affected many South Africans, and as a result, many parents...

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Tips to survive Black Friday

Tips to survive Black Friday

By Chad Williams for IOL With South African shoppers eagerly awaiting the release of arguably the best shopping deals on Black Friday, with all that has happened this year, the burning question is: how will retailers manage the influx of shoppers, bearing in mind that...

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Online sales boom expected on Black Friday

Online sales boom expected on Black Friday

By Estelle Sinkins for The Witness Online retailers are expecting a boom on Black Friday after health experts appealed to shoppers to avoid crowds at shopping centres. Nicolet Pienaar, the head of market insights at trends analysts GfK South Africa, said retail chains...

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My Office News Ⓒ 2017 - Designed by A Collective


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