Author: Gugu Lourie
Capitec Bank, South Africa’s largest digital bank, wants to democratise stock trading through creating new modern investing platforms. The bank is targeting its 4 million app customers by making investing in the stock market easier. Capitec announced on Friday that it has added the EasyEquities investing platform to its new banking app, allowing its clients to invest in shares on stock markets in South Africa and the US. “The partnership brings our clients greater accessibility to a variety of investment options in an affordable and simplified way,” says Francois Viviers, executive of marketing and communications at Capitec. “We currently…
The Information Communications and Technology Union (ICTU) has suspended strike action by its members who work for Cell C. The nationwide strike at the embattled cellphone operator, sparked by the imminent retrenchment of more than 1,600 workers, began on Monday. ICTU President Moeketsi Lepheane told union members late on Wednesday that the strike had been suspended. “This was after receiving legal advice from our lawyers,” said Lepheane. He said “disciplined and committed” members of the ICTU must stop the strike “until further notice from the union”. Leapheane added: “We hereby urge all members to ensure that they continue to conduct themselves within the confines of the…
Telkom announced on Wednesday that it had approached the Competition Tribunal to declare the suite of spectrum arrangements between Vodacom and Rain as a merger that should have been notifiable under the terms of the Competition Act. “Telkom contends that the merger is notifiable because the multiple agreements between Vodacom and Rain grant Vodacom use and control over the deployment of Rain’s spectrum, including the planning, rollout, maintenance and service of its radio access network,” the company said in a statement. Rain works with Vodacom to share infrastructure, while Vodacom assists it in putting up telecommunications towers and equipment. According…
The Internet Service Providers’ Association of SA (ISPA) says October is the ideal time for parents to turn their attention to making the home a cyber-safe stronghold. This month, countries across the world including South Africa are marking Cybersecurity Awareness Month. The fact that more of us are working from home during the current pandemic is, in fact, an opportunity in that we now have more time to work on making our homes cyber safe for children. That’s according to ISPA chair André van der Walt who says homes can become literal safe havens amidst a sea of current challenges. “Many…
The new Jaguar XE now features updated interior and exterior designs, together with the latest connected technologies. The XE features Jaguar’s latest Pivi Pro infotainment system, accessed through a seamlessly integrated 10-inch central touchscreen, while the 5.5-inch lower touchscreen, also powered by the new Pivi technology, combines two multi-functional LED rotary controllers for intuitive operation of key vehicle functions. To help drivers access vital information quickly, the 12.3-inch HD Interactive Driver Display gets enhanced graphics and a configurable layout which can show full-screen navigation mapping with turn-by-turn instructions, digital dials, media, contact list or infotainment details. Working in conjunction with…
South African casino operators such as Tsogo Sun and Sun International are quietly pushing the government to pass legislation allowing online casinos to operate alongside the already legalized and regulated online sports betting industry. They are hoping that the hard work put into the 2008 National Gambling Amendment Act to formally legalize online casino gambling will finally be completed. Kelvin Jones, senior editor of PlayCasino, explained: “For many years, South Africa’s online gambling industry has been operating in a grey zone. The hard blow which the industry took during the Covid-19 lockdown had retail casino operators looking anew at alternative…
Cell C on Tuesday suffered another blow when the Labour Court in Johannesburg ruled that its application to interdict members of the Information Communications and Technology Union (ICTU) from striking was not urgent. The nationwide strike by Cell C workers protesting imminent retrenchments started on Monday. ICTU had informed Cell C in advance that its members would be embarking on industrial action from Monday at all Cell C buildings and shops in protest against the retrenchment of more than 1,600 employees. The strike comes after the South African Federation of Trade Unions (Saftu), and African Democratic Change (ADEC) party unsuccessfully intervened in the matter.…
Mercedes-Benz has given its EQC electric vehicle the 4×4² treatment. The EQC 4×4² is an electric car of extremes. Mercedes-Benz wishes to test the limits with this vehicle, and show that e-mobility is not just urban, but also conceivable off-road. “Our aim is to combine modern luxury and sustainability with emotional appeal. The EQC 4×4² shows how enjoyable sustainable mobility can be. This is where electromobility high-tech and an intriguing customer experience are transferred to the mountains, thanks to MBUX and over-the-air updates,” says Markus Schäfer, member of the Board of Management of Daimler AG and Mercedes-Benz AG responsible for…
Liquid Telecom believes there is a massive opportunity to fast-track Africa’s digital economy. The continent’s biggest fibre company wants to enable entrepreneurs to be at the centre of this new revolution. Nic Rudnick, the CEO of Liquid Telecom, said in an interview with TechFinancials on Monday, that the company – which is morphing into a technology company from being a telco – needs to review the way it is structured. Liquid Telecom has been growing rapidly over the last few years fuelled by the demand for infrastructure to support broadband Internet on the African continent. It has built Africa’s biggest high-speed…
The Information Communications and Technology Union (ICTU), which is representing Cell C workers says on Monday it will hand a memorandum detailing disputes it has with the cellphone company to Communications and Digital Technologies Minister Stella Ndabeni-Abrahams. The ICTU’s move to hand the memorandum to the minister coincides with a strike by Cell C workers planned for Monday. In a tongue in cheek notice, the ICTU said: “On Monday 12 October 2020, we will be inviting ourselves to the offices of the ill-disciplined minister of communication .” Ndabeni-Abrahams, whose pay was recently docked for breaching anti-coronavirus rules, did not respond to a letter sent…