Author: Gugu Lourie
Tesla rival Faraday Future has revealed its vision of the future of cars at the Consumer Electronics Show in Las Vegas on Monday. Faraday Future said the concept electric car has a 1,000 horsepower, a 0-60 time under three seconds, and a top speed over 200 miles per hour. “We design from the inside out. Our goal was to build a car with a sixth sense for its driver’s intentions and needs. One with adaptive personalization, seamless transfer of custom vehicle configurations, access to live images, and real time data visualization,” said Faraday Futures. Watch video below of the FFZERO1 concept electric car: …
Eskom has confirmed the sale of electricity to Zimbabwe but denied that the power supply agreement with its Zimbabwean counterpart the Zimbabwe Electricity Supply Authority (Zesa) is secret. By Siseko Njobeni, NewsAgency Eskom said the deal is part of an arrangement among southern African power utilities to sell surplus electricity to each other. Media reports in Zimbabwe have alleged that Eskom has entered into a “secret” deal to sell 300 MW of electricity to the neighbouring country, which has been experiencing power shortages lately. The reports also quoted Zimbabwe Energy and Power Development Ministry Permanent Secretary Partson Mbiriri saying the deal…
It was clear from the outset, when the image of a metre taxi driving black woman popped on my screen, that I was going to have an interesting Uber trip on this day. The deep Zulu speaking Sis Thembi did not disappoint. By Vula Mthimkhulu We are talking about a woman who in pushing the gender barriers in this industry has seen it all. A Chilean tourist who came to South Africa to witness Mandela’s burial ceremony picked her Toyota Tazz amongst luxurious German machines for the 1000km trip from Johannesburg to the great Eastern Cape place called Qunu. Looking strong…
South Africa will likely fail in its quest to develop its nuclear energy capacity, according to emerging markets economist Peter Attard Montalto of Nomura. By Matthew le Cordeur, NewsAgency Montalto told Fin24 that if the 9 600 MW nuclear procurement programme does see the light of day, it will be a “slimmed down programme spread over a longer period of time, given the affordability issue”. “For this reason we need to remain calm, but vigilant,” he said. “The end point remains uncertain.” The respected economist said he agreed with energy expert Chris Yelland’s opinion to remain calm after cabinet signed off…
In a day in which the penny dropped on racism in South Africa with the Penny Sparrow “monkey” scandal gripping the country, Standard Bank dropped another bomb to announce the suspension of economist Chris Hart following a racist tweet on Sunday. By Fadia Salie, NewsAgency Standard Bank said in a statement posted on its website that the bank has suspended Hart pending an inquiry into the events of his commentary on Twitter on Sunday 3 January. “The inquiry will be conducted in line with the bank’s established protocols and its obligations in law,” it said. Standard Bank has distanced itself from…
The “sharing economy” now enables to us to access all manner of things we might need through connecting with others online. In this season that might have included sourcing turkey from a local farm, a chauffeured car to collect the relatives, a week at a stranger’s flat somewhere warm, a few hours with an industrial-strength food mixer and a range of other physical and intellectual goods. By Ann Light Some of these services may be offered without payment, but many are old business models in new forms, brokered or managed across online systems that help match people up for efficient use…
Embattled KwaZulu-Natal realtor Penny Sparrow, at the centre of a race-row that has gripped the country, has said that she was merely “stating the facts”. By Jeff Wicks, NewsAgency She had taken to Facebook and described black beachgoers as “monkeys”, in an apparent reaction to litter left behind after New Year’s celebrations. There has been mass reaction to her statement across social media platforms, as well as from political quarters. Speaking to News24, she revealed what had driven her to compare black revellers to monkeys. “Every year it is the same story; it’s their [black people] day and we don’t go…
Mobile network Vodacom has not revealed what caused an error that led to several of its customers being double debited last week. By Gareth van Zyl, NewsAgency Vodacom sent an SMS to customers on Friday afternoon informing them that the company was aware that some accounts had been debited twice owing to a “technical glitch”. The company promised to reimburse affected customers by the close of business on Monday and it apologised for the inconvenience. But Vodacom spokespeople on Monday did not answer Fin24’s questions about what exactly caused the glitch last week. Fin24 was further informed by a Vodacom spokesperson…
Standard Bank is planning to institute disciplinary action against economist Chris Hart over comments he made on his Twitter page, which were deemed racist. By Staff Writer The Johannesburg-based bank said on its Twitter page: We will be instituting appropriate internal disciplinary processes against @chrishartZA. https://t.co/Hjat3ruPaJ — Standard Bank SA (@StandardBankZA) January 4, 2016 Hart tweeted: More than 25 years after Apartheid ended, the victims are increasing along with a sense of entitlement and hatred towards minorities…. — Chris Hart (@chrishartZA) January 3, 2016 In reaction to Hart’s tweets, Standard Bank said his tweets had racist undertones. …
The KwaZulu-Natal estate agent at the centre of a Twitter race row has gone to ground, as her former employer counts the cost of the damage to their brand. By Jeff Wicks, NewsAgency Penny Sparrow took to Facebook and labelled black beachgoers as “monkeys”, which resulted in a national social media outcry. Dear #PennySparrow If you can’t stand “monkeys” then Africa is a wrong continent for you. #RacistsMustFall pic.twitter.com/2bPWwW8OKj — Terry Pheto (@TerryPheto) January 3, 2016 Jawitz Properties CEO Herschel Jawitz told News24 that while Sparrow had left the company two months ago, her online profile still associated her with…