By Lameez Omarjee for News24 If we move to lockdown Level 3, amid fears of a second wave of Covid-19 infections, SA’s economy could shed 200 000 more jobs. B4SA estimates it would take until 2024 for formal employment levels to return to the pre-Covid levels of...
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200 000 job on the line if SA reverts to Level 3
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Takealot’s dominance in SA to be investigated
By Jamie McKane for MyBroadband The Competition Commission will proactively investigate the dominance of Takealot and other major players in South Africa’s digital market. Speaking at the 14th Annual Competition Law, Economics, and Policy Conference, Commissioner...
MultiChoice is “greedy and disliked” – analyst
Source: MyBroadband Independent analyst Chris Gilmour said MultiChoice is not liked and very greedy, which does not bode well for its future prospects. Gilmour was speaking to Business Day TV about French media company Groupe Canal+ acquiring another big chunk of...
Sales in laptops, stationery and toasters boom
Source: Business Insider SA Between January and August 2020, South Africans newly working from home showed a serious appetite for office equipment and stationery, with year-on-year growth of 83% recorded. Of South Africans who buy online, 52% now own laptops, compared...
Five ways to overcome online fatigue
By Janneke Henning, SAP Concur Regional Solution Specialist for Africa Covid-19 has fundamentally changed how (and where) people work. Working from home has already become the new-normal, with a recent Gartner poll indicating that 48% of employees will continue to...
World Bank issues loan conditions for SA
By Antony Sguazzin for Bloomberg World Bank officials have told South Africa’s government it will need to reduce its wage bill to secure a loan and that it doesn’t want the money to be used to bail out insolvent state companies, a person familiar with the situation...
Cell C shuts down towers
By Barbara Friedman for EWN Cell C is reportedly shutting down its network. However, tech guru Brendon Peterson says it is a little more complicated than that. Cell C’s statement did not say it was shutting down its network, he notes. That seems to be where the...
African Bank begins retrenching over 1 200 employees
By Londiwe Buthelezi for News24 One of South Africa’s new banking challengers, African Bank has joined a long list of companies who have to let go of their staff because of Covid-19. African Bank announced on Tuesday that it has started retrenchment consultation...
How MTN and Vodacom give your location away
The murder of Lieutenant-Colonel Charl Kinnear has lifted the veil on the unlawful use of location-based data provided to companies by Vodacom and MTN, says MyBroadband. Kinnear’s movements were tracked using this location-based information. His phone was...
Black Friday goes online
By Georgina Crouth Time for IOL Deals for more days, greater choice and other enticements, just to keep customers out of brick-and-mortar stores – that’s how retailers are responding to a pandemic Black Friday because Covid or no Covid, the sales bonanza is here to...
New company registrations online are surging in SA, says FNB
Source: Business Insider SA Online business registrations are surging in South Africa, FNB says. The dire financial consequences for many during South Africa’s lockdown have forced business owners to change their strategies and business plans in order to...
Pick n Pay to launch new virtual mobile network operator in South Africa
Source: MyBroadband Pick n Pay CEO Richard Brasher has announced they are set to launch PnP Mobile, promising to offer “more data for less”. While details around Pick n Pay’s mobile plans remain sketchy, Brasher provided some details about their planned offerings. He...
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