Author: Staff Writer

Nobody could have predicted that the arrival of social media on the business and social scene more than ten years ago could lose people jobs, reputations and careers. But it has. Today, social media law cases number in the thousands, and many of these come as a surprise to employees. According to Nicol Myburgh, Head: CRS Technologies HCM Business Unit, the best way to avoid becoming embroiled in a legal battle or losing your job is to not use WhatsApp with colleagues as a way of venting your frustrations, no matter how private you think your group may be. If…

Mr Price Group is a South African-based retail company founded in 1985 by Stewart B. Cohen and Laurie J. Chiappini. Since the company went public, it has undergone an incredible evolution. The company currently specializes in selling cosmetics, homeware, apparel, and sportswear merchandise across Africa and other parts of the world. Once again, Mr Price is trending after registering a sales boom after 53 weeks, which ended on April 3rd, 2021. During the period, the company doubled the sales of sportswear and core apparel, its main product offering. According to Mark Blair, the company’s CEO, the red cap logo establishment…

Naspers announced a R42 million investment in Cape Town-founded, WhereIsMyTransport through its early-stage tech investment vehicle. The investment is part of a R201 million (US$14.5 million) funding round led by Naspers Foundry, Cathay AfricInvest Innovation Fund, and SBI Investment. “Mobility remains an obstacle for billions of people in high-growth markets across the world,” Phuthi Mahanyele-Dabengwa, South Africa CEO of Naspers, said. “Our investment in WhereIsMyTransport is testimony of our belief that great innovation and tech talent is found in South Africa, and with the right backing and support these businesses can provide solutions to local challenges that can improve the…

Absa has developed an online portal focused on providing additional opportunities for Africa’s small, medium and micro-enterprises (SMMEs). According to the World Bank, formal SMMEs make up 40% of GDP in emerging economies, with this number being significantly higher when informal SMMEs are factored in. “Absa’s Procurement Market portal not only demonstrates Absa’s strategy of promoting responsible and inclusive procurement practices, but also ensures that all suppliers are aware of the bank’s service requirements; information that was not previously widely available,” said Vusi Fele, chief procurement officer at Absa. “What’s more, it will help us build mutually beneficial, thriving, inclusive…

Vodacom KwaZulu-Natal Region’s drive to connect everyone to the digital economy irrespective of where they live is changing lives. The region has accelerated its deep rural network investment to cover remote areas of the province that had no mobile network connectivity. An investment of close to R100 million over three financial periods has led to the deployment of 84 new base station sites, ushering in a new era of mobile connectivity and successfully driving digital inclusion for all. The new sites were rolled out in 9 District municipalities and 14 Local municipalities including Jozini, uMhlabuyalingana, uMfolozi, uMlalazi, uMsinga, uMzumbe, uMgeni,…

Vodacom Business Africa remains committed to supporting the ambitions of multinational businesses across the African continent, regardless of the global disruptions to businesses due to the COVID-19 pandemic. The business landscape is ever-changing; competitive barriers are disappearing making the speed and agility to market critical components in the digital world. Vodacom Business Africa is introducing Carrier Ethernet and Managed Dedicated Internet Access (DIA) services to empower clients and enable them to seize new digital opportunities across its extensive footprint of 47 countries on the African continent. “These services work seamlessly alongside other converged Fixed and Mobile Connectivity services to give…

JSE-listed technology company Jasco is selling its property technology division for R7, 5 million. The company said Jasco Networks has entered into a sale of business agreement with Reach Group. Reach Group will acquire, the business of professional ICT infrastructure management services, in the Property Technology Management division. The Property Technology Management business model has become stale to Jasco and a non-core business unit, leading to threats of insourcing and continuous price reduction pressures from clients and increased administrative burden of the business. The Property Technology Management business is increasingly under pricing pressures from the major property companies in the current…

Prosus, one of the largest technology investors in the world, has entered into a definitive agreement to acquire Stack Overflow for $1.8 billion (R24 billion). Prosus plans to invest and grow Stack Overflow’s leading global developer community and SaaS collaboration platform as part of its future of workplace learning focus. Stack Overflow, one of the 50 most popular websites in the world, has built a global company and highly engaged developer and technologist community over the last 13+ years, now serving more than 100 million people across the world every month. Founded in 2008 as an open community-based question and…

1Life, together with LifeQ, using a Samsung Galaxy Watch Active 2 device, have launched a COVID-19 screening app. It uses unique models derived from users’ biometric data to give them an indication of changes in their health, enabling consumers to take proactive precautions in the event of potential COVID-19 onset, which is essential as the country faces a potential 3rd wave of infections. There is growing evidence for the use of biometrics in the early detection of many physical conditions, and this COVID-19 solution is the first of many solutions that LifeQ plans to offer to consumers, athletes, and those…

Digital solutions provider Liquid Intelligent Technologies achieves the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing its reach, which it has successfully done, moving the dial from 89,989 km at the beginning of 2021 to reach this new milestone now. With its additional fibre network connecting 14 countries, primarily in Sub-Saharan Africa, customers can now explore opportunities in Africa and across the US, Asian and European markets. The organisation’s fibre infrastructure impacts more than 100 million people across 643…