Meta Platforms was slapped with a €265 million (R4.7 biillion) fine for failing to prevent the leak of the personal data of more than half a billion users of its …
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South Africa
- EnergyInformation & TechnologyManufacturingSouth AfricaTelecommunications
Reunert witnesses R844 million increase in revenue and operating profit
Reunert has released its preliminary annual results, reporting increases in revenue and operating profit of 16% and 17%. It also saw a 10% overall increase in profit. Among Reunert’s interests …
- BusinessSouth AfricaTechnology
Twitter CEO Elon Musk says user signups at all-time high and touts features of ‘everything app’
Twitter CEO Elon Musk says new user signups to the social media platform are at an “all-time high”, as he struggles with a mass exodus of advertisers and users fleeing …
- AmazonBusinessEconomyGlobal NewsMarketsSouth AfricaUncategorized
Amazon to face strikes and protests from thousands of workers across 40 countries
Thousands of Amazon warehouse workers across about 40 countries plan to take part in protests and walkouts to coincide with Black Friday sales, one of the busiest days of the …
- AFRICA NEWSBusinessEconomySouth Africa
Twitter agrees to talks with fired Africa staff over severance
Twitter agreed to engage with fired staff from its only African office after they were offered poorer-than-announced severance packages. Affected employees in the Ghanaian capital, Accra, have secured talks with …
- BusinessInformation & TechnologySouthern AfricaTechnology
DStv slaps Capetonian pirate with 7-year jail sentence
Capetonian man has been sentenced to a seven year jail time by The Bellville Specialised Commercial Crime Court for infringing MultiChoice’s copyright by selling access to pirated DStv content. The …
- BusinessEconomyMarketsNigeriaOil & Gas
Average price for 5kg cooking gas in Nigeria increases to 71% in one year
The average price of refilling a five-kilogramme cylinder of cooking gas rose by 70.62 per cent year on year in October, the National Bureau of Statistics (NBS) has said. The bureau said …
- BusinessEconomyOil & GasSouth Africa
TotalEnergies is planning to explore for oil offshore South Africa’s West Coast
TotalEnergies is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity. The French explorer proposes to drill one well, which could …
- BusinessEconomySouth Africa
SAB launches a new logo which represents it’s positive outlook for the country
South African Breweries (SAB) has launched a new logo which the company says represents its positive outlook for the country, with its CEO optimistic about local prospects – even as …
- BusinessCryptocurrencyMarketsSouth Africa
cryptocurrency market maker Ovex cancelled FTX financial services license in South Africa
South African cryptocurrency market maker Ovex has cancelled and removed FTX as a juristic representative, cutting off the international exchange’s access to its local Financial Service Provider (FSP) license. “FTX …