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...
Day: <span>25 February 2021</span>
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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...