Author: Staff Writer
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.…
The Automobile Association of South Africa (AA) has announced that it has acquired a 30% equity stake in the mobile security service CASi as part of its 2030 strategy to diversify and enhance its offering. The Vision 2030 strategy of the AA is supported by five pillars: Providing conventional roadside assistance, AA armed response services, and emergency medical response services, Providing financial services through short-term insurance and the provision of warranties and life assurance products, The expansion of the AA Auto Centre network and the promotion of the AA Technical College as a vehicle for job creation and providing opportunities…
Sitho Mdlalose has been appointed as the Managing Director (MD) of Vodacom South Africa, effective 01 July 2022. Mdlalose is currently the Managing Director of Vodacom Tanzania, a position he has held since August 2021. Vodacom Group said he returns to Vodacom South Africa to assume the role held by Balesh Sharma, who leaves the company at the end of June to pursue an external career opportunity. Mdlalose will report directly to Vodacom Group CEO Shameel Joosub and will join the Vodacom Group executive committee. Mdlalose’s successor in Tanzania will be announced in due course. Mdlalose is a qualified Chartered…
South Africa’s Tafari Capital recently launched a COVID-19 management app in collaboration with the Lesotho government. The app is designed to empower and strengthen the Government’s efforts to end COVID-19 transmissions. In less than 3 weeks since launch, the app has registered over 50 000 users and is growing. “The Citizen App is a tool that government and businesses can use to open up economic activity in the country including movement across the borders safely by identifying people who have vaccinated fully and those who are unvaccinated but have negative COVID-19 tests to openly engage in economic activity,” says Dr…
Helm (previously Praekelt Consulting), Africa’s customer experience innovation experts, will be going global again with its client Dr. Oetker, purveyors of the perfect pizza. Dawood Patel, CEO of Helm, confirmed that the AI work being done locally will be rolled out in Poland next. “This is an exciting time for us. We’ve been working with the team at Dr. Oetker in South Africa for almost three years now. Our relationship with them started when they approached us in Johannesburg to find out if technology and machine learning could help them make an even better pizza.” “The announcement of our…
The Independent Communications Authority of South Africa (ICASA) has proposed linking biometric data to SIM cards. If successful, new regulations would require all South Africans to provide their biometric data to mobile service providers to obtain a new cellphone number or action a SIM swap. The proposals are included alongside other draft regulations published by the regulator which close for public comment on Wednesday, 11 May 2022. ICASA’s proposal calls for biometric data such as fingerprint mapping, facial recognition, and retina scans to be bound to a consumer’s SIM card. Amid privacy concerns around protecting biometric data, Gur Geva, Co-Founder…
Eskom announced today the resignation of Phillip Dukashe, Group Executive for Generation. Dukashe’s last day will be on 31 May 2022. In his resignation letter and discussions with Eskom executives, Dukashe cited the critical need to achieve balance for the benefit of his health, family and work responsibilities. Eskom said in a statement Dukashe leaves behind a competent team to ensure sustainability of the Generation Division. Rhulani Mathebula will act in the interim as the Group Executive for Generation while the recruitment process is initiated. Rhulani is a seasoned Power Station General Manager and had acted as Group Executive Generation…
The SA Reserve Bank (SARB) is likely to again increase its interest rates next week, say economists at the Bureau for Economic Research (BER). “Against the global backdrop of more rapid policy normalisation and, importantly, the associated recent sharp weakening of the rand exchange rate, and the sustained upside risks to domestic inflation, we now expect the SA Reserve Bank (SARB) to hike the repo rate by 50bps next week,” says BER. “This is a change from the previous view for a 25bps hike at the May policy meeting. The SARB’s decision is unlikely to be unanimous.” The key question…