By Sibongile Khumalo for Fin24 Telkom has issued a notice to cut as many as 3 000 jobs – nearly a third of its workforce – across multiple departments, as the company looks to streamline its operations amid falling earnings and changing market conditions....
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Telkom plans to cut 3 000 jobs
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Government to step in as 34 DionWired stores face closure
By Babalo Ndenze for EWN Parliament wants the government to find a way to stop the pending retrenchments at retail giant Massmart. Mandla Rayi, chairperson of the Select Committee on Trade and Industry, Economic Development, Employment and Labour called on those...
SA’s huge Windows piracy problem
By Bradley Prior for MyBroadband Only a third of PCs being shipped to Africa include genuine software, which is a reason for the increase in data breaches and malware attacks in the region. This is according to Deniz Ozen, regional general manager for consumer and...
Russian hacking group targeting local banks
Source: Fin24 An infamous Russian-speaking hacking group – referred to as Silence – is the likely culprit making thousands of attempts to hack major banks in sub-Saharan Africa, cybersecurity company Kaspersky Labs said on Monday. The group is called...
Makro stores shut countrywide due to system issues
By Londiwe Buthelezi for Fin24 Last Thursday, all Makro stores across the country were shut following issues that caused disruption in the company’s trading system. “Makro experienced some system-related issues this morning impacting our ability for stores...
Expat tax is coming
By Pedro Gonçalves for International Investment South Africans working abroad will face higher taxes as they will only be exempt from paying tax on the first R1m they earn elsewhere, under the amendments to the Income Tax Act which are due to come into effect from...
Discovery Bank glitch wipes balances to zero
By Khulekani Magubane for Fin24 On Friday evening, Discovery Bank clients were hit by a glitch which showed that their available bank balances were wiped out to R0.00, leaving them unable to make payments. Netwerk24 reported that one client was left stranded at a...
New WhatsApp scam targets South Africans
By Phillip de Wet for Business Insider SA Scammers are separating helpful South Africans from their money in what appears to be a wave of fraud that relies on hijacking WhatsApp accounts – and then simply asking for money. The scammers first take control of a...
MTN, Vodacom urged to lower data prices
By Sihle Mavuso for IOL In the wake of the Competition Commission ordering Vodacom and MTN to lower their exorbitant data prices, the ruling party says the two must voluntarily do so now than later. MTN and Vodacom lost R22-billion of their combined value on Monday...
Five DStv scams to avoid this Christmas
By Tom Head for The South African If you’re a subscriber to the network, take note. At least five major DStv scams have been identified this year: here’s how to play it safe. ‘Tis the season to be cautious, folks. There are a myriad of DStv scams waiting...
WhatsApp to launch new self-destruct feature
By Jasper Hamill for Metro We’re all now wearyingly familiar with the concept that messages sent in private can be published publically and used to ruin our lives. So we’re glad to say that WhatsApp is about to give us a vital survival tool to help us through this age...
Google founders step back from top roles
Source: BBC Google founders Larry Page and Sergey Brin have announced they are stepping down from top roles at the online giant’s parent company. They will leave their respective roles as Alphabet’s chief executive officer and president but remain on the...
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