Author: Gugu Lourie

The Communications and Digital Technologies is planning to develop a super-regulator to regulate various industries including ICT, films and publications, and domain authority. Communications and Digital Technologies Minister Stella Ndabeni-Abrahams disclosed the government plans at a media conference in Pretoria on Thursday. “The department will develop a model for smart regulation, which will include the amalgamation of Icasa, the FPB and ZADNA and explore new funding mechanisms for the new regulator,” Ndabeni-Abrahams, said on Thursday. za Domain Name Authority (.ZADNA) is a statutory regulator and manager of .ZA – the Internet country code top-level domain for South Africa. It is…

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In a move aimed at creating a new state-owned digital infrastructure company, the South African government is planning to merge Broadband Infraco and Sentech. Communications and Digital Technologies Minister Stella Ndabeni-Abrahams disclosed the government plans at a media conference in Pretoria on Thursday. “The department is currently finalizing the business case and awaiting certification from the State Law Advisor and DPME with regards to repurposing SITA to create a state IT Company, as well as merging Sentech and Broadband Infraco (Infraco) to form the State Digital Infrastructure Company,” Ndabeni-Abrahams, said. The plan to create another state-owned company from the existing…

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BMW Group has reached another electromobility milestone and already delivered half a million electrified cars to customers worldwide. The German carmaker announced on Thursday that it is planning to double the number of electrified vehicles by end of 2021. “Half a million vehicles is the best proof: Our broad range of electrified vehicles is meeting exact customer needs. Now, we are stepping up the pace significantly: We aim to have one million electrified vehicles on the roads within two years. This is our contribution towards effective climate protection,” said Oliver Zipse, Chairman of the Board of Management of BMW AG. The…

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German carmaker BMW has announced it will begin making the all-electric iX3 in 2020. The BMW iX3 is produced for the world market by the joint venture BMW Brilliance Automotive in Shenyang, China. The iX3, which is based on the X3, will be BMW’s third electric model to reach the market. The new car will achieve a range of more than 440 km with a net-battery size of 74 kWh. The iX3 will also be the first vehicle to sport BMW’s fifth-generation drivetrain technology that will also be used in the i4 and iNext, and feature BMW’s latest battery technology.…

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Teleflorist, which allows customers to send flowers across South Africa, has been dealt a severe blow, TechFinancials has reliably learned. The online flower company is shutting down, sources have informed TechFinancials on Wednesday. “The company is under liquidation and has failed to informed its florists’ members that it is closing down,” a source told TechFinancials. TechFinancials was unable to reach Teleflorist for comment as their website was down and customer care phones were off. The phone of Hugo DeKlerk, the owner of Teleflorist, was also off. Teleflorist, which is s an online marketplace that connects people looking to buy fresh…

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In what is seen as a major step to protect small, micro, medium and co-operative enterprises (SMMEs) from bullying by big businesses, non-payment of goods and services, predatory, exploitative practices and anticompetitive practice, South African lawmakers are drafting a new law to police big business. During the fifth Parliament, following several grievances from small, micro, medium and co-operative enterprises, the Portfolio Committee on Small Business Development resolved to invite and encourage small enterprises to come forward and table their concerns. Obviously, some did not do so out of fearing reprisals from big or private business. The committee was aware of…

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A KwaZulu Natal-based small business is involved in a fierce battle with mobile phone giant Vodacom after settling out of court with Sweden’s telecoms giant Ericsson. Peet and Heidi-Anne Thuynsma, owners and founders of MDPS (Mobile Diesel Power Systems), have been fighting Vodacom for close to three years. The central claim is that Vodacom suspended its services after false claims related to buying diesel for running the mobile phone operators’ generators for its mobile phone towers in KwaZulu Natal. MDPS has never made any admissions to the fraud allegations. The mobile phone operator said it received summons on 28 November.…

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A KwaZulu-Natal business couple is suing mobile phone giant Vodacom for close to R100 million in damages, claiming their services were suspended overnight and left with bad debt. Peet and Heidi-Anne Thuynsma, owners and founders of MDPS (Mobile Diesel Power Systems), have been fighting Vodacom for close to three years. The Thuynsma have been in business for 20 years, providing generator services to Vodacom KwaZulu Natal (KZN). Basically, if the power went off due to load-shedding or something else, MDPS would drive with a mobile generator to a site to provide standby power so that the Vodacom network continues to…

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The Dutch arm of South African internet titan Naspers, Prosus is a step closer to acquiring Just Eat, which is at the centre of a takeover battle with Takeaway. The company, controlled by South African-based Naspers, has cleared the acquisition of Just Eat with the Spanish Markets and Competition Commission under the Spanish Competition Act. “We are pleased to have cleared the competition hurdle which further underlines the certainty and deliverability of our superior cash offer of 740p per share to Just Eat shareholders,” said Bob van Dijk, the Group CEO of Prosus. Prosus said this is an important milestone…

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The board of Just Eat, the online food delivery platform, says the revised bid offer by tech giant Prosus undervalues the business. “The Board of Just Eat has now considered the terms of the Prosus offer and continues to believe that it significantly undervalues Just Eat and its attractive assets and prospects both on a standalone basis and as part of the proposed recommended all-share combination with Takeaway.com,” the company’s board informed investors on Tuesday. On Monday, Naspers-owned Prosus sweetened its offer to 740p offer a share. The increased offer is at a 25.6% premium to Just Eat’s closing share…

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