The expiration of Telkom’s contract to supply IT services to the South African Post Office (SAPO) could affect the provision of social grants to millions of South Africans. While reports …
South Africa
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BusinessEconomyFinance & ServicesSouth AfricaTelecommunications
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BusinessEconomySouth AfricaTransportation & Logisitics
Transnet to meet with amakhosi and South African Police Service to resolve threats and derailment
After a train carrying export coal to Richards Bay was derailed near Ulundi on Tuesday, Transnet said it would meet with traditional leaders in the area as it is extremely …
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Banking, Finance & InvestmentBusinessEconomySouth Africa
Bank Zero announces launch of cash deposits, announces 2023 fees
Bank Zero has launched cash deposits at Shoprite and Pick n Pay — a feature it prioritized due to customer demand. “Customers can deposit at any PnP or Shoprite till-point,” …
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BusinessGlobal NewsInformation & TechnologySouth Africa
Elon Musk reports an increase in Twitter usage by 20%
Elon Musk, the billionaire owner of Twitter Inc., said that usage on the social media platform is “at an all-time high,” without providing evidence or explaining how he defines usage. …
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BusinessMarketsMobile Telecommunications Network (MTN)South Africa
MTN South Africa revenue grow by 2.2% yearly and hit by Cell C rescue and load-shedding
MTN has published its quarterly trading update for the three months ended September 2022, revealing that service revenue grew by just 2.2% year-on-year in South Africa. For the third quarter of 2022 …
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AgricultureBusinessEastern AfricaEconomySouth Africa
Tanzania Exports it’s First Consignment of Processed Cashew Nuts to the US
Tanzania has exported its first consignment of processed cashew nuts to the United States, as the country seeks to move away from exporting raw nuts to value-added ones. The eight-tonne …
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Four South African labor unions took a step toward joining a strike over the government’s refusal to raise their pay by more than 3%. The unions, whose members include employees …
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Glencore officials delivers cash in private jets to officials across Africa, UK prosecutors said as they laid out a web of bribery and corruption orchestrated by the London oil trading …
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AmazonBusinessMarketsSouth AfricaTechnology
Amazon market value witnesses $1 trillion decrease for the first time since 2020
Amazon.com Inc. shares fell on Tuesday, with the e-commerce and cloud-computing company closing below $1 trillion in market value for the first time since the early days of the Covid-19 …
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AmazonBusinessEconomySouth Africa
Elon Musk announces $8 monthly charges for twitter verification badge
Elon Musk said the premium version of Twitter, called Blue, will cost $8 (R145) a month and will include a verified check mark for paying users’ accounts. Musk, who acquired …