Author: Staff Writer
South Africa’s retail rewards industry has ballooned over the past decade as giants like Checkers, Pick ‘n Pay, Spar and Woolworths compete for a bigger slice of the consumer market. Store cards and rewards schemes have found favour among customers and retailers alike, but for different reasons. Customers are lured in with the promise of financial benefits in the form of loyalty points and discounts while retailers see the card as a cheap way to collect comprehensive customer data. This has led some market analysts to question the growing disconnect between the designers and users of the schemes. “Retailers have…
SA’s diversified technology group 4Sight has entered into a strategic partnership with Cognius.AI, a highly innovative AI specialist developer based in Singapore. 4Sight will collaborate with Cognius.AI in creating solutions that leverage Cognius.AI’s Sofia, conversational AI platform for the enterprise market. Cognius.AI’s Sofia platform has the potential to revolutionise AI by modelling AI to human interaction more closely on how human to human conversations work. Cognius.AI was founded at the end of 2019 and has already begun to make inroads into the enterprise market with its Sofia conversational AI platform. Conversational AI refers to technologies that users can talk to…
The Public Investment Corporation (PIC) has announced the appointment of Makano Mosidi as its new Chief Technology Officer (CTO). In a statement issued on Monday, the PIC said Makano’s mandate will be to provide sound leadership in all aspects of the business’ information and communications technology as well as leveraging technology to position the PIC as the leading asset manager. Makano joins the fund manager from Corporate and Investment Banking (CIB) at Standard Bank. “She is a seasoned and highly experienced CTO, having been in Executive roles for the past 24 years, with an overall ICT working experience of 31…
Telkom is launching a new multi-channel whistleblowing platform to enable the public to report any acts or suspected acts of fraud, corruption, and irregular conduct within the organisation. Telkom has partnered with safe line service provider Advance Call to launch the #Vulumlomo | Speak Up anti-fraud and corruption campaign to encourage the public to come forward and anonymously report any acts or suspected acts of fraud, corruption, and irregular conduct. Every individual has a responsibility to play their part in rooting out fraud and corruption in our society, communities, and organisations. South Africa was recently ranked #69 out of 180…
MTN has today made history in Rwanda by being the first mobile network operator to list its shares on the Rwanda Stock Exchange (RSE). As part of the May 4th listing by introduction, Crystal Telecom Limited’s shareholders now hold a direct 20% stake in MTN Rwanda and can trade their MTN Rwanda shares directly on the RSE. These shares were previously held by Crystal Telecom PLC. MTN Rwanda CEO Mitwa Ng’ambi said the listing was good news for MTN and Rwanda. “We are honoured to be the first telecommunications network provider in Rwanda to be listed on the RSE. We…
Vodacom is introducing a Support Package for job seekers through ConnectU platform, a free service you can enjoy by connecting to the Vodacom network. The Support Package is aimed at connecting more than seven million unemployed South Africans to jobs. Combining discounted voice and data offers, continued access to learning and skills with Udemy, access to six zero-rated job sites and its Future Jobs Finder tool – all housed under the ConnectU portal – Vodacom is committed to helping job seekers go Further Together. Vodacom is also donating Facebook advertising to job seekers, helping them to promote their profiles using…
MTN Nigeria subscribers dropped by 5 million to 71.5 million due to the effects of customer churn and the regulatory restrictions on new SIM sales and activations. This is according to the company’s Q1 2021 results released on Friday. Last December, the Nigerian Communications Commission (NCC) announced that the Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami) directed the NCC to embark on another audit of the Subscriber Registration Database again. The regulator directed telecoms firms to stop selling SIM cards while it audits compliance with SIM registration rules. “We continue to collaborate with the Nigerian Communications Commission…
MTN has announced its first commercial installation today of Supersonic AirFibre. The first commercial rollout will commence in Soweto, Mamelodi, Fairlands and Honeydew. AirFibre uses out of the box thinking to find innovative solutions that can help connect the unconnected. It harnesses existing open spectrum frequencies, which can lower the cost to serve customers. This is built as a premium uncapped technology that ranges from 5Mbps to 100Mbps, which allows users access to the internet as a full-fibre experience. MTN used the period since the launch of AirFibre for customers to register their demand. Since the announcement of the launch…
A recent decision of the Supreme Court of Appeal, handed down on 13 April 2021, will have a material impact on South Africa’s insurers, requiring them to review their policies. The King Price Insurance Company Ltd v Concise Consulting Services (Pty) Ltd case focused on the rejection of any insurance claim on the basis that a person who is not the policyholder, provided false, incorrect or dishonest information to the insurer, such as the regular driver (or persons covered under the relevant policy). In 2013, a company vehicle that was insured by King Price was damaged in a late evening…
The R350 COVID-19 grant for the jobless, hard hit by the coronavirus pandemic introduced by the South African Government last year comes to an end today. The special COVID-19 Social Relief of Distress grant of R350 a month is paid to individuals who are currently unemployed and do not receive any other form of a social grant or UIF payment. The South African Social Security Agency (SASSA) in a statement reminded recipients of the Special COVID-19 Social Relief of Distress that it comes to an end today, Friday 30 April 2021. “This means that no new applications will be accepted after this…