Author: Staff Writer

If South African companies hired and promoted women at the same rate as countries such as Norway, the economy could grow by 30%, according to a recent study by a leading research company. “To those who think that gender equality only benefits women, the numbers tell a different story,” says Shaun Rademeyer, CEO of MultiINET Home Loans. “Data makes it clear that gender equality is the engine for the global workforce. Greater female participation in the workforce can make a greater impact on the economy.” According to McKinsey & Company, gender-diverse companies around the world are 15% more likely to…

Samsung Galaxy Note 20 series, the power phone that empowers your work and play, is now available from MTN on South Africa’s best mobile network. Effective 1 September 2020, MTN customers can sign-up or upgrade to the Samsung Galaxy Note20 LTE, Samsung Galaxy Note20 5G and Samsung Galaxy Note20 Ultra 5G. All deals come with free UV Sterilizer with wireless charging valued at R999, and the first one thousand MTN customers that sign up or upgrade in the month of September 2020 can also claim a free Samsung LED 24” flat monitor valued at R2199, while stock lasts, all redeemable…

Liquid Telecom has appointed Clayton Naidoo as Group Chief Business Officer (GCBO).  He will be responsible for driving growth, innovation and strategy in the enterprise market across the Group’s holdings. Naidoo will join the Liquid Telecom team in this role on 1 October 2020. A seasoned ICT professional, Naidoo has more than 14 years of experience in the industry. Prior to joining Liquid Telecom, he worked at Cisco in several key leadership positions. Most recently, he was General Manager – Sub-Saharan Africa, covering 31 countries. He was responsible for executing a region-wide vision and strategy that delivered transformational value to…

Over the next few years, Atterbury’s groundbreaking Barlow Park Precinct will add to the ever-changing skyline of Sandton. The redevelopment of the prime Barlow Park Campus, situated at 180 Katherine Street, Sandton. Barlow Park occupies a prime site adjacent to the M1 dual carriageway and Katherine Street in Sandton. Barloworld, Atterbury and African Rainbow Capital have partnered as co-investors in the redevelopment of the prime Barlow Park Campus. The initial property transaction involves each party holding one-third of the landmark site currently housing Barloworld’s corporate offices. The investment value will eventually climb to well over R3billion as the total redevelopment…

MTN is adding its voice to global efforts to raise awareness about the importance of wearing masks to fight the spread of COVID-19 with today’s launch of the #WearItForMe campaign across its markets. As society navigates the “new normal” brought about by the pandemic, wearing face coverings remains one of the most effective measures to slow its spread. However, many people refuse to wear them, wear them incorrectly, or still underestimate their importance. “COVID-19 has had profound health and socioeconomic impacts across the world. We empathise and mourn the lives lost to the pandemic. And even though the outbreak appears…

Discovery Health has fired 10 employees for bad-mouthing the company in a WhatsApp Group during the lockdown. The Sunday Times reported that the workers started the group to support each other after contracting COVID-19 at work in April. The employees complained to the Commission for Conciliation, Mediation, and Arbitration (CCMA) about their dismissal, arguing that they were unfairly dismissed and demanding 12 months’ salary from the company in compensation. The women’s lawyers, Nkisinathi Malgas, told the newspaper that Discovery Health had invaded its employees’ privacy by accessing WhatsApp messages “without their consent or a court order. This was gross violation…

World Cup-winning Springbok rugby captain Siya Kolisi, globally recognised for his meteoric rise from adverse poverty to lifting the Webb Ellis trophy in November 2019, has been named as the newest addition to the Mercedes-Benz family. Negotiated via Jay-Z’s Roc Nation Sports. The partnership will see Kolisi collaborating with the luxury carmaker on a range of projects in the coming 12 months. Kolisi, who led the Springboks back to the number 1 rugby rankings in 10 years and making history as the first black test player to captain the team in its 129-year history, dedicated significant time during the Covid19…

The COVID-19 pandemic has brought the global economy to a standstill and put millions of people under financial stress. Understandably, people from all walks of life started looking for alternative income streams. In honour of Women’s Month this August, a global peer-to-peer bitcoin marketplace, Paxful, is shining a spotlight on women who have started successful side hustles powered by bitcoin. Not only are these side jobs providing women with additional income, they are also giving individuals an opportunity to develop new skills in the bitcoin and blockchain space. Blockchain skills are in high demand internationally and may unlock new career…

IBM has unveiled its list of Women Leaders in AI, recognising South African, Itumeleng Monale from Standard Bank as one of 35 exceptional female business leaders from 12 countries who are using artificial intelligence to drive transformation, growth and innovation across a wide variety of industries. Itumeleng Monale is the Executive Head of Enterprise Information Management Personal & Business Banking at Standard Bank South Africa. As Data Officer for Retail Banking Operations of Standard Bank South Africa, Itumeleng was acknowledged for her commitment to strong data governance and management as she leads the proliferation of AI for enhanced customer experience.…

JSE-listed Blue Label Telecoms said management remains optimistic that the planned recapitalisation of Cell C will be successful. On 2 August 2017, Blue Label Telecoms, through its wholly-owned subsidiary, The Prepaid Company, acquired 45% of the issued share capital of Cell C for a purchase consideration of R5.5 billion. As at 31 May 2019, Blue Label Telecoms investment in Cell C was impaired to nil. It remains at nil as at 31 May 2020. Based on the following facts available, Blue label Telecoms informed investors on Thursday that management believes that Cell C will continue as a going concern for…