Author: Staff Writer

MTN has announced price reductions and more value to customers on its MyMTN Home Fixed LTE and 5G home portfolios. The MyMTN Home Fixed LTE and 5G offers are available until 31 July 2022. “At MTN we are committed to providing connectivity at affordable rates for all South Africans to enable more people to enjoy the benefits of a modern connected world with as little impact on their pockets as possible”, says Mapula Bodibe, Chief Consumer Officer at MTN South Africa. The MyMTN Home Uncapped Fixed LTE and 5G internet promotional deals are shown below: In order to offer even…

Nedbank has made an equity investment into industry-leading technology led emergency response platform, RapidDeploy. The bank is the first South African firm to invest in RapidDeploy, which was established in South Africa after its founders Steven Raucher and Brett Meyerowitz experienced the antiquated, legacy technology that was available within the country’s public safety sector. Raucher experienced a personal tragedy when his brother drowned at sea and, to honour him, he volunteered for the National Sea Rescue Institute (NSRI) of South Africa. This is where he came to realise that the emergency tools available could not achieve what was needed to…

Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced a R40 million ($2.5 million) investment in Nile, an AgriTech company that connects farmers to buyers of fresh produce. The investment is part of a R83 million equity round led by Naspers Foundry, alongside new investors, Platform Investment Partners, Raba Capital and Base Capital. The transaction marks Naspers Foundry’s tenth investment since its launch in 2019 and forms part of Naspers’s R1.4 billion commitment to grow South Africa’s tech ecosystem. Nile was founded in 2020 to provide farmers with digital solutions that can address various pain points inherent to food…

Global Startup Awards Africa regional winners from across the continent with world changing UN Sustainable Development Goals (SDG)- aligned solutions will come together for the first ever Global Startup Awards Africa Summit in Cape Town on the 14th and 15th June. Hosted by the Global Innovation Initiative Group (GIIG), the event is a culmination of a 6-month long process of extensive and rigorous research, networking, and collaborations across the globe, with the aim of finding Africa’s most promising innovators. With the help of 30 Country Partners, 50 Ambassadors and 250 innovation hubs, the Global Startup Awards Africa found close to…

The new Volkswagen Taigo (pronounced ‘tie-go’) will join the Volkswagen T SUV model range in South Africa from June 2022. The Volkswagen Taigo, which is manufactured in Pamplona, Spain, is positioned between the T-Cross and the T-Roc in the Volkswagen T SUV model range. The retail pricing of the Volkswagen Taigo will be announced closer to the launch date. Customers who want to Pre-Order the Taigo before it officially goes on sale in June 2022 may do so on the Volkswagen website: https://forms.vw.co.za/app/pre-order/taigo With the new Taigo, Volkswagen has produced its first SUV coupé in this segment. Digitalised interior.  The entire…

Vodacom Financial Services has launched VodaLend Compare, a financial services marketplace aimed at offering unsecured personal loans for customers. Available exclusively through the VodaPay super app for now, with the web version launching soon, the proposition allows customers to compare personal loan quotes in three simple steps, enabling them to apply for the best option that suits their lifestyle needs and budget. “VodaLend Compare is designed to respond to consumers who may need a financial boost quickly for personal use, such as emergency medical expenses, unplanned relocation costs or home renovations, without a tedious application process. Through one journey and…

Community Investment Ventures Holdings (CIVH), the Remgro and New GX-controlled parent company of fibre infrastructure operators Dark Fibre Africa (DFA) and Vumatel, announced that effective 1 May 2022, its two fibre network assets would be managed under a new infrastructure company. The infrastructure entity’s name has not yet been announced. CIVH says this decision is a strategic step to meet ongoing customer and business requirements and increase open-access offerings across the networks. Although its two most significant operating subsidiaries (DFA and Vumatel) will be incorporated into this new infrastructure company, CIVH says each business will initially continue to operate separately.…

With demand for data rising as much as 45% in Gauteng, MTN South Africa is ramping up investment to meet demand, maintain network excellence and extend reach into township areas. The fight against battery theft and vandalism remains a key priority in 2022. The investment budget for Gauteng in 2022 amounts to R2.2 billion, as MTN continues to ensure more people are connected to and benefit from the digital world. “Gauteng remains SA’s economic hub, with half of all national 5G traffic generated from the province. MTN also saw a 45% increase year-on-year in data volume growth in February,” says…

MTN Group has linked the remuneration of senior executives with the Group’s environmental, social and governance (ESG) targets. This supports the delivery of our Ambition 2025 strategy, and in particular the strategic priority to ‘create shared value’, with ‘ESG at the core’. The variable elements of executive compensation – both short-term incentives (STIs) and long-term incentives (LTIs) – now depend on progress on three ESG goals: reaching Net Zero; enhancing diversity and inclusion; and extending rural broadband. “Effectively managing our environmental, social and governance impacts is critical to reaching Ambition 2025,” said MTN Group President and Chief Executive Officer Ralph…

South Africans just can’t seem to catch a break. As we grapple with rising crime, the post-pandemic economic slump, increases in the fuel price and destructive weather, the last thing the country needs is more bad news. However, recent crime statistics released by the police ministry paint a bleak picture, particularly when it comes to kidnappings, which are on the rise. Between October and December last year, 2 605 kidnapping cases were reported, which is 686 more cases compared to the previous reporting period. The last four months of 2021 showed the highest number of reported kidnappings in five years.…