Author: Gugu Lourie

The Health Minister Zweli Mkhize announced on Sunday that a 74-year-old man died in ICU in Ladysmith, KwaZulu-Natal. South Africa has 1280 confirmed cases of Covid-19 on Sunday 29 March. “It is with sadness that we announce the second death of a patient who had tested positive for COVID-19,” said Mkhize. The 74-year-old male had been in ICU and ventilation in a private hospital in Ladysmith. He had travelled to Kruger National Park with his family and came back with flu-like symptoms. He was confirmed to be COVID-19 positive on the 27th of March 2020. “It has been reported to…

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Standard Bank revealed on Sunday that you will not be charged Saswitch fees for utilising the ATM of a competing bank. “The banking sector has collectively decided to waive Saswitch fees during the lockdown,” said Africa’s largest bank by assets. “This means that a customer can use any ATM, including those offered by competing banks and only pay the usual fees charged.” Bankserv Africa said on its website when it launched Saswitch – a switching system that allows for customers to use just about any ATM, regardless of which bank they belong to – it was a world-first in interbank…

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Standard Bank has announced a second wave of relief to help its customer base navigate financial commitments as Covid-19 continues to impact the livelihood of many individuals across the country. The payment reprieve is aimed at easing the financial burden of customers earning R7 500 or less, who will receive three-month instalment relief if they are not in arrears on any of their accounts (as at 31 March 2020). The bank said this relief applies to qualifying customers and their associated accounts, which include home loan, vehicle and asset finance, credit cards as well as short term loans. Customers who opt…

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South Africa’s competition watchdog has blocked Naspers deal to acquire WeBuyCars, a dealer in used vehicles in South Africa. The Competition Tribunal announced its decision on Friday issued an order prohibiting the proposed transaction involving MIH eCommerce Holdings (MIH), trading as OLX South Africa (OLX), and WeBuyCars. MIH is ultimately controlled by Naspers, a JSE-listed group. The reasons for the Tribunal’s prohibition will be made available in due course. The Commission – which investigates and assesses large mergers before referring them to the Tribunal for a decision – recommended that the proposed transaction should be prohibited as it is likely…

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The WACS (West Africa Cable System) undersea cable, which is critical to South Africa connection with the world, is broken again. TENET, which is the operating partner of the South African national research & education network (SA NREN), said it detected the break by 23:28 last night. We are observing our WACS capacity as down since 23h28 UTC/27th March 2020. A call has been logged with our provider for feedback. Traffic has failed over to SEACOM and EASSy cable systems and there is currently no impact for SA NREN traffic. — SA NREN Operational Updates & Alerts (@RENAlerts) March 28,…

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The number of confirmed coronavirus cases has reached 1170, an increase of 270 cases since Thursday, the South African government confirmed. Minister in the presidency, Jackson Mthembu, said on Friday evening that health minister Dr Zweli Mkhize had asked him to relay the figure. Earlier on Friday, it was announced that two people had died as a result of Covid-19, the respiratory illness caused by the coronavirus. However, Mthembu clarified that one of the deaths was confirmed to be linked to Covid-19. The second case, he said, was linked to Covid-19 but had not yet been confirmed. In light of…

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Vodacom has appointed businessman Saki Macozoma to the role of chairman of the Vodafone-owned mobile company. Chairman Jabu Moleketi will retire and step down from its board at its next annual general meeting. Macozoma’s appointment is effective from 22 July 2020. He was first appointed to Vodacom’s board in July 2017. He also assumes the role of chairman of the Nomination Committee and will step down from the Audit, Risk & Compliance Committee. “The board expresses its thanks to Jabu for his leadership and valuable contribution to both the board and Vodacom over the past 11 years and wishes him…

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South Africa has reported its first deaths resulting from coronavirus, says Minister of Health, Zweli Mkhize. “This morning, we wake South Africans up with sad news that we now have our first deaths resulting from COVID-19,” he said in a statement. “These two deaths occurred in the Western Cape. One at a Private Hospital and the other at a Public Hospital. “We will give more details later on, when we announce the latest confirmed COVID-19 cases, which have increased from yesterday’s number and have tipped the 1000 mark.” All the #21daysLockdownSA drama that unfolded just outside our flat around…

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Seedstars, the Swiss-based private group of companies with a mission to impact people’s lives in emerging markets, is happy to announce its Global Seedstars Summit will be held exclusively online, from March 31 to April 3rd, 2020. With a mission to create a positive impact through technology and entrepreneurship, the company has decided to digitally redesign its international Summit, to ensure the safety of its partners and community in the scope of the exceptional COVID-19 sanitation crisis. As Online Seedstars Summit, themed BEYOND, is approaching, we could not be prouder to be part of a community that is eager and…

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Resources and Energy Minister Gwede Mantashe says the possibility of load shedding during the 21-day nationwide lockdown is unlikely. “The supply of fuel to the relevant critical and essential services, as well as the supply of coal to Eskom for electricity supply and liquid fuels production, are critical during this period. “Supplying Eskom with coal is a requirement and with the lockdown, demand will be very low so it is unlikely that we will have load shedding,” said the Minister. Mantashe made the remarks, during a joint media briefing with the Ministries of Arts and Culture and Telecommunications, where each…

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