The Advertising Regulatory Board has ruled against MTN regarding a complaint about misleading advertising for the Xiaomi Redmi Note 11 smartphone. Complainant Dianne Barnard upgraded two of her contracts telephonically, …
South Africa
- BusinessEconomyMobile Telecommunications Network (MTN)South AfricaTechnology
The TikTok video platform has been banned on government-issued devices in Texas, adding to a growing list of states that have done the same in the past week amid concern …
- BusinessEconomyEnergySouth Africa
Eskom spends R3.2 billion a year on private security to tackle sabotage
South Africa’s state-owned power utility spends R3.2 billion a year on private security to tackle sabotage and to protect its senior executives, TimesLive reports. Eskom’s general manager for security Karen Pillay …
Eskom will implement stage 4 load-shedding from 09:00 until further notice, the state-owned power utility said in a brief statement on Wednesday. It said this is due to further breakdowns …
- BusinessEconomyMarketsSouth AfricaTechnology
Recruitment firm reports it’s annual South Africa Salary Guide and Hiring Insights
Recruitment firm Michael Page has published its annual South Africa Salary Guide and Hiring Insights report, which includes details on the most in-demand roles and best-paying jobs in the technology sector. …
- Banking, Finance & InvestmentBusinessEconomySouth Africa
Nedbank lending increases despite rising interest rates
Nedbank says it has been lending more, and as the interest rates continue to climb, the green bank is cashing in some handsome net interest income. The banking group published …
Vodafone Group chief executive Nick Read will step down at the end of 2022, after he failed to halt a years-long slide in the telecommunication giant’s share price and mergers …
- BusinessEconomySouth AfricaTechnology
Telkom publish coverage and prices for it’s first uncapped fixed-5G products
Telkom’s uncapped fixed-5G packages are much more expensive than rival services offered by Rain, MTN, and several other ISPs. The telecoms company recently published coverage and prices for its first …
- BusinessEconomyINVESTMENTManufacturing & Consumer GoodsMarketsSouth Africa
Premier listing cancelled due to Ramaphosa crisis triggers market volatility
Investment holding company Brait said on Friday it has opted not to list fast-moving consumer goods group Premier on the JSE due to volatility, especially over the past 48 hours. …
- BusinessEconomyFinance & ServicesINVESTMENTSanlamSouth Africa
Sanlam and Absa officially partner to form South Africa’s largest black-owned asset manager
Sanlam and Absa have officially combined their investment businesses to form South Africa’s largest black-owned asset manager. The two companies announced in October 2021 that they were joining forces to …