Source: eNCA Concerns are mounting over the effects of the sabotage of Transnet’s security systems. A cyber attack has forced the entity to declare a force majeure, affecting the transport of goods including perishables. But a recovery plan is in place. The recent...
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Transnet cyberattack impacts delivery of goods
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Capitec to add 300 jobs
By Londiwe Buthelezi for News24 As many people and some businesses are likely questioning the wisdom of ploughing more money into South Africa after the recent unrest, Capitec CEO Gerrie Fourie says he sees ample opportunities. A perfectly running economy like...
Payments startup Yoco raises $83m
By Tage Kene-Okafor for Tech Crunch Small and medium enterprises (SMEs) contribute heavily to the economic success of many countries, particularly those in the developing world. They are the backbone of most economies: globally, SMEs represent about 90% of existing...
Why South Africans should care about Naspers, Tencent
By Wesley Diphoko for IOL The Chinese government is flexing its muscle against consumer technology companies and South Africans are affected. It started with just Ant Financial, Jack Ma’s company, and now almost all Chinese consumer technology companies are under the...
How riots shut SA’s trucking industry down
By Penelope Mashego for News24 Telematics company Netstar says in just five days three of its biggest clients lost out on more than 613 000km in delivery trips in due to the recent looting and unrest in the country. On Wednesday, the company said the lost kilometres...
Robot collision in UK warehouse starts fire, causes delays
By Mary Hanbury for Business Insider US UK grocery giant Ocado was forced to delay or cancel thousands of orders this weekend after a fire broke at one of its London warehouses, the BBC first reported. The company said in a statement Monday that three of its robots...
Admissions are open for UCT’s new online high school
By Zodidi Dano for IOL The University of Cape Town has launched an online high school which will be doing its first intake in 2022. UCT Vice-Chancellor Professor Mamokgethi Phakeng made the announcement on Wednesday at a media briefing. “The University of Cape Town is...
Strategies that work to emerge from a global pandemic
Emerging successfully from an economic downturn and global pandemic is no easy feat, especially if you are an SME business without large cash reserves to see you through. How do entrepreneurs combat these difficult times and come out the other side relatively...
45 000 businesses affected by riots
Durban has borne the brunt of the ongoing unrest, with 45 000 businesses out of commission and an estimated R16-billion in stolen stock, and damage to infrastructure and equipment. This is according to News24. The damage so far has been tallied as follows: The unrest...
Online voter registration launches in South Africa
Source: Electoral Commission The Electoral Commission has launched an online voter registration facility allowing new voters to register and existing voters to update or amend their registration from the ease and convenience of their homes or elsewhere. The online...
Mustek building torched
Source: MyBroadband Looters attacked Mustek’s offices in the North of Durban on Monday, stealing everything of value and leaving the facility wrecked. On Tuesday evening a video posted online showed that the building had been set ablaze. Mustek managing director Hein...
Afrihost agrees to buy majority stake in Cool Ideas
Source: Telecom Paper South African ISP Afrihost has agreed to acquire a majority stake in Cool Ideas, MyBroadband reported, subject to the necessary regulatory approvals. Afrihost and Cool Ideas are working to finalise the transaction as soon as possible. The parties...
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