South African retailer Truworths is launching a new value fashion chain called Primark – no relation to the international retailer of the same name. Truworths plans to open approximately 15 Primark stores over the next few months, with an average store size of 100m² during the launch trial phase. These will be a mix of...
Month: <span>February 2021</span>
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Blockchain Africa Conference 2021: Beyond the Hype, Announces Keynote Speakers
Africa’s leading blockchain and cryptocurrency event, the Blockchain Africa Conference 2021, has once again assembled an impressive list of keynote speakers. Charles Hoskinson, Founder and CEO of IOHK, Founder of Cardano and Director of The Bitcoin Project, will be speaking about Cardano’s projects on the African continent. Charles has several times spoken of the enormous...
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SARS Commissioner Edward Kieswetter is Gataval with State-sponsored Corruption in SA
Edward Kieswetter the Commissioner of the South African Revenue Service (Sars) is fed up with effects of corruption that is unfolding in the republic of South Africa. “‘I’m infuriated!’ Commissioner Edward Kieswetter says he feels the need to speak truth to power,” he was speaking to Bruce Whitfield on Talk Radio 702 after Finance Minister...
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Netflix to Invest $500 million in South Korea for new content development
Netflix said Thursday that it will spend $500 million this year on films and series produced in South Korea to broaden its growing slate of content from the country. Korean filmmakers and stars gathered in Seoul where the U.S. streaming giant announced its investment plans and also previewed images from its upcoming slate of local-language series....
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Finance Minister Mboweni on Infrastructure, Eskom and Job Creation
Big increase in spending on roads, libraries and sport In his budget speech, Tito Mboweni remained committed to government’s R791 billion infrastructure drive. “This is not an austerity Budget. Our fastest-growing area of spending is our investment in the future-capital payments,” he said. In the economic development budget allocation, spending on roads is growing the...
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Imperial Logistics Takeover e-commerce Startup Parcelninja
JSE-listed Imperial Logistics announced on Tuesday that it has bought South African e-commerce logistics specialist Parcelninja. Terms of the deal were not disclosed. Imperial revealed details of the acquisition in its interim results for the six months ended 31 December 2020, in which it reported a 15% increase in revenue to R26.4-billion. Subscribe for full...
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Capitec Bank Lower their Digital Banking Fees
Capitec Bank every year the beginning of March update its bank fees. This year the bank kept digital banking fees unchanged while reducing others. “We update our bank fees on 1 March every year. For 2021, we’ve kept most of our digital banking fees the same and reduced others, so you can bank and save...
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Facebook to Restore News Sharing after Australia Make a U-turn on the Proposed law
According to TechCrunch, Facebook said it will begin restoring news sharing to Australian users’ feeds in “the coming days” after reaching an agreement with the country’s government. The social media giant made the drastic move of restricting news content in Australia last Wednesday after a dispute over a proposed media bargaining code that is expected to be...
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Apple Leads Smartphone Sales Market – Report
While the latest Gartner smartphone sales report shows that worldwide smartphone sales declined 5% in the fourth quarter of 2020, Apple secured the top spot for the first time since 2016, report Zdnet.com “It’s easy to find a great phone today. In fact, current flagship devices are so good you really don’t need to be replacing them...
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Second batch of Johnson & Johnson vaccines will arrive in South Africa this weekend
The minister of health Dr Zweli Mkhize says that the next batch of Johnson & Johnson vaccines will arrive in the country this weekend, taking the total doses in South Africa for phase one of the rollout to 160,000. The first batch of vaccines saw 80,000 doses delivered on 16 February, with the same number...