The South African government has launched a new contact tracing app called Covid Alert SA. South African citizens are suspicious of the app’s (and the government’s) intentions, but experts have said that the app in perfectly safe when it comes to privacy concerns. It...
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The Covid app is safer than most, says experts
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Anonymous ZA levels accusations at MTI
By Jan Vermeulen for MyBroadband A hacker collective calling itself Anonymous ZA has released explosive details about Mirror Trading International (MTI), stating that at least R4-billion in bitcoin has flowed through the scheme. In response, MTI told MyBroadband the...
Vodacom in talks to buy Vumatel, DFA
Source: Telecom Paper Vodacom South Africa is in discussions with Remgro to acquire Community Investment Ventures Holdings (CIVH), which owns Vumatel and Dark Fibre Africa (DFA), reports MyBroadband citing sources. Remgro said it does not comment on speculation. CIVH...
China slams TikTok deal as ‘dirty’ and ‘unpalatable’
By Laura He for CNN Business Two prominent Chinese media outlets are urging Beijing to kill what they call a “dirty” and “unpalatable” deal intended to keep TikTok operating in the United States. The editorial boards of China Daily and the...
Europe’s lockdown worsens as SA seeks to open borders
South Africa moved to Level 1 lockdown on 21 September, after President Cyril Ramaphosa announced an easing of restrictions as Covid-19 cases continue to decline. Among these it was announced that, from 1 October, travel in and out of South Africa will be allowed...
New South African airline will launch this year
By Bradley Prior for MyBroadband South Africans have been invited to come up with a name for South Africa’s newest airline, which is expected to start flying by the end of the year. The airline, which is a partnership between Kulula founder Gidon Novick and Global...
Many South Africans are falling behind on their rent
Source: TPN The percentage of total tenants that were recorded as being in good standing with their landlords dropped sharply in the second quarter of 2020. From 81.52% of tenants being in good standing in the first quarter, the percentage declined to 73.5% in the...
Mall owner braces for lower rentals
By Londiwe Buthelezi for News24 The owner of Canal Walk, Rosebank Mall and Hyde Park Corner is bracing itself for lower rental rates when tenants’ leases come up for renewal. This comes at a time when landlords are already bleeding from loss of tenants who have...
Paperworld 2021 delayed
By Matthew Kramer for Home Business World As a result of the pandemic, Messe Frankfurt will not be holding any of its own physical trade fairs at the Frankfurt exhibition grounds between January and March 2021. The company is revamping its spring trade fair calendar...
SA moves to Level 1
Source: BBC President Cyril Ramaphosa last night announced that, following consultations with health experts and officials from across South Africa, the country would lower its current alert Level 2 to Level 1 from midnight on 20 September. This means that, as of...
Edcon saves over 5 000 jobs
Edcon has announced that the sale of parts of the Edgars business in South Africa to Retailability (Pty) Ltd has been implemented, with all approvals from regulatory authorities and all conditions precedent either fulfilled or waived. The sale includes the transfer of...
TymeBank enrolls 110-120k new customers each month
By Samuel Mungadze for ITWeb African Rainbow Capital (ARC) injected R750-million in TymeBank in the last financial year ended June, a tough period for the relatively new digital bank, which saw it experience a drop in footfall to its kiosks under national lockdown....
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