The National Energy Regulator of South Africa (Nersa) has appointed Nomalanga Petronella Sithole as Nersa’s new chief executive officer and full-time regulator member for five years, effective from 25 August 2021. Sithole was handpicked by energy minister Gwede Mantashe. The new CEO has 24 years of experience in energy regulation and legal experience. She was...
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Impact in Just 280 Characters: It’s Time for More Brands to Tweet
“If you didn’t launch your new brand, product or service on Twitter, did you launch at all?” asks Cornelis Ouwehand, Sales Director at Ad Dynamo – Twitter’s exclusive ad sales partner in Africa. “Not only does news break first on Twitter, but with over 192 million daily active users and growing, brands can no longer afford to...
Hulu will Hike Price for its On-demand Plans Starting from 8 October
Streaming service Hulu will increase price for both its on-demand plans, Hulu and Hulu with no ads. The price hike will take place from 8 October 2021. This follows the streaming service’s last year price hike on its Live TV service. The new price increase will be $1.00 unlike the previous increase has gone up...
Payflex, South Africa’s BNPL Acquired by Zip, Australian payments Service
Australian company Zip is making business moves in South Africa, this week the company bought Payflex, the South African buy now and pay later firm for an undisclosed amount of cash. BNPL payment services has been making headlines recently, its a trend that is at the upward trajectory. Last month we saw Jack Dorsey’s Square...
Tennis sensation Naomi Osaka is Winning Off the field, she Joined Millionaire Club
Naomi Osaka is doing well and making millions off the field of play with unlimited home runs, we call it star power. Yes, she might not be doing well in the field of play at the moment due to mental health issues which is she’s dealing with it. Forbes magazine annual rich list reports Naomi...
Reserve Bank Governor Lesetja Kganyago says 4.5% Inflation Target is too High
Reserve Bank Governor Lesetja Kganyago said South Africa needs a point target of inflation of around 3% or 4%, and not the current target range of 3% to 6%. Mr. Kganyago delivered a keynote address on 21 years of inflation targeting at Stellenbosch University on Wednesday. South Africa’s target range for inflation is between 3%...