Author: The Bulrushes
Four serving prisoners have allegedly been caught scamming male users of a clandestine escort website from whom they extorted more than a million rand using threats of arrest for rape. Authorities alleged the enterprising inmates aged between the ages of 26 and 32 used cellphones to create fake profiles of policemen – complete with photos – and used the information they somehow got from an online escort agency to extort cash from users. Investigations revealed that fake police officers were extorting money from male victims who had sought the services of a clandestine online escort agency. The victims were contacted…
South African students applying to a higher education institution where the International English Language Testing System (IELTS) is an admissions requirement can now enter the British Council’s annual IELTS Prize competition to potentially win £3 000 or R59261.00 towards their university tuition fees. The IELTS Prize is a global initiative created to help ambitious young people turn their academic dreams into reality by providing them with financial assistance and the opportunity to pursue their undergraduate or postgraduate course of choice in English-speaking universities around the world. This year’s competition is open to eligible IELTS test takers from nine countries around…
Cape Town-based non-profit group, Younglings, has teamed up with Empire Partner Foundation (EPF) to unearth a new group of young enterprising South African software developers. Founded by Alwyn Van Wyk, Younglings became the newest member of the EPFs growing ecosystem, joining a prestigious list that includes, SAtion, and Microsoft. The EPF has since 2016 been supporting young tech entrepreneurs seeking digital solutions to solve societal challenges and propel them to growth, while the Younglings provides internships and opportunities for youngsters to become software developers. The EPF and Younglings partnered to host EPF’s 21st hackathon, which brought 300 young digital innovators…
27four Investment Managers, a South Africa-based asset management and advisory firm, has implemented PE Front Office to enhance its Private Markets operations. PE Front Office, the end-to-end integrated solution for Alternative Investment Management, announced the engagement. 27four can now use the PE Front Office Platform to enhance its Private Markets operations. The software supports fund of funds operations in particular, which has been a key focus of 27four’s Private Markets team to date. It has numerous capabilities including; Deal Flow Management, Investment Management, Portfolio Monitoring, Investor Relations Management, and Fund Administration augmented by CRM, Document Management, Reports & Analytics, Outlook/Gmail Plugins…
Business Leadership South Africa (BLSA) says it is ready to assist the National Prosecuting Authority (NPA) with technical skills to tackle state capture. Last week BLSA signed a memorandum of understanding with the NPA to support the prosecution authority with the technical skills it needs to mount effective prosecutions. “I applaud the NPA’s willingness to take bold and innovative measures to ensure it has the resources it needs to deliver convictions,” said BLSA CEO Busi Mavuso in her weekly newsletter published Monday. “The NPA is ramping up its efforts to respond to the Zondo Commission and will need specialised skills to…
President Cyril Ramaphosa on Monday night announced a wide range of solutions to tackle persistent load-shedding including, re-hiring experts, adding renewables, encouraging households to install rooftop solar, and changing laws to allow municipalities to generate power. “While existing legislation may be sufficient in ordinary times, the current crisis requires that we act decisively and more speedily,” said Ramaphosa in his live broadcast. “We will therefore be tabling special legislation in Parliament on an expedited basis to address the legal and regulatory obstacles to new generation capacity for a limited period.” South Africa has installed capacity to produce approximately 46 000…
The City of Cape Town on Monday announced that it will now pay cash to small-scale embedded generation (SSEG) customers for the excess energy they produce and sell back to the City. Announcing the big step toward ending load-shedding, Mayor Geordin Hill-Lewis said: “This morning, I met with over 50 members of Cape Town’s business community to announce two important steps in the City’s journey to ending load-shedding and becoming energy secure.” Hill-Lewis added: “The City of Cape Town will now pay cash to small-scale embedded generation (SSEG) customers for the excess energy they produce and sell back to the…
President Cyril Ramaphosa has appointed Madam Justice Mandisa Muriel Lindelwa Maya, current President of the Supreme Court of Appeal, as Deputy Chief Justice of the Republic of South Africa with effect from 1 September 2022. “President Ramaphosa made this appointment in accordance with Section 174(3) of the Constitution of the Republic of South Africa,” the Presidency said on Monday. Justice Maya brings more than two decades of a distinguished career as a judicial officer. She is the first woman to hold the positions of Deputy President and President of the Supreme Court of Appeal. “Justice Maya will contribute to the…
The Johannesburg Stock Exchange’s (JSE) Virtual Trading Game is growing in popularity as more people become aware of how it helps individuals to learn to invest. Director of Marketing and Corporate Affairs at the JSE, Vuyo Lee, says the JSE’s Virtual Trading Game, was launched to drive awareness about the stock market. Since its inception, the Virtual Trading Game has attracted increasing numbers of participants, says Lee. “The JSE Virtual Trading Game is a game that aims to teach South Africans about investing on the JSE and the larger role that such investment plays in the country’s economy,” explains Lee.…
In a bid to accelerate digital transformation in South Africa’s public sector, the University of Pretoria (UP) and the Amazon Web Services (AWS) Institute teamed up for the first time to host an executive education programme, for senior government officials and leaders of state-owned enterprises. The two-day executive programme was held on Thursday and Friday at UP’s Future Africa Institute. It featured various speakers, including international cybersecurity experts, national and provincial government officials from several departments, academics, and representatives from state-owned enterprises including Transnet Freight Rail, SENTECH, and power utility Eskom. Cyber security expert Prof Jan Eloff, the acting Dean…