The Commercial Radio environment in Johannesburg is about to be disrupted for the first time in many years. ICASA (Independent Communications Authority of South Africa) recently approved a new ownership structure and format change for Classic FM, as the previous format proved financially unsustainable. As of 1 July 2021, the company will begin to trade...
Author: TheTechDailyPost
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Global Airways and Harith General Partners Bought 51% Stake of SAA
South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a drain on state finances. A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private-equity firm Harith...
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President Ramaphosa Amend Electricity Regulation Act and Cut the Red tape for Independent Power Producers
Full Speech of President Ramaphosa’s Amend on Electricity Regulation Act and Cut the Red tape for Independent Power Producers Good afternoon, We are holding this briefing today in a time of great hope and great difficulty. Difficulty, because we are in the midst of the worst economic crisis in our country’s recent history, which has...
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African is most Promising Region for the Adoption of Crypto Currencies – Luno Africa GM
BeinCrypto spoke to Marius Reitz, the General Manager of Luno Africa. They discussed the growth of crypto in African Continent, the hurdles, and what’s in store for crypto across the continent. Luno, began as BitX in 2013 in South Africa before a rebranding in 2017. From the beginning, it expanded its African markets, including Nigeria, in 2014. Following...
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Netflix will Launch an Online Store to sell Merchandise and Collectibles
The screaming giant Netflix to move into high-quality apparel and lifestyle products. Netflix will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on “Stranger Things,” “Lupin” and other popular shows, the streaming giant said on Thursday. For now Netflix.shop will be available in the United States starting on Thursday and...
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Africa Blockchain Week 2021 Showcases Continent’s Digital Transformation
Africa Blockchain Week 2021 Showcases Continent’s Digital Transformation Powered by Blockchain Technology Being the largest blockchain event for Africa, Africa Blockchain Week 2021 will bring together decision makers, business leaders, investors, community builders, educators and government officials to discuss how blockchain technology benefits Africa’s economic and financial development. Africa Blockchain Week (ABCW) 2021 takes place...
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Former VW, Audi Executives to pay Volkswagen Millions over Dieselgate
Volkswagen will receive around $350 million as part of a settlement with executives who ran the company during the Dieselgate emissions cheating scandal, after claiming they breached their “duty of care.” Former CEO Martin Winterkorn has agreed to pay the company 11.2 million euro ($13.6 million), while former Audi boss Rupert Stadler will pay Volkswagen 4.1 million...
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El Salvador Became the first Country in the World to adopt Bitcoin as Legal tender
Its official Bitcoin is here to stay! El Salvador became the first country in the world to adopt bitcoin as legal tender after Congress on Wednesday approved President Nayib Bukele’s proposal to embrace the cryptocurrency, a move that delighted the currency’s supporters. With 62 out of 84 possible votes, lawmakers voted in favor of the...
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Rapper & Businessman Cassper Nyovest Signed a Deal with Drip, Sneaker Brand
[Historic Moment] We are about to launch a series of products under our new wing, The Root of Fame with #casspernyovest. This partnership goes beyond music and sneakers, it’s a showcase of Black excellence through the power of collaboration. #TheLegacyDeal” – #DripFootwear What exactly is the deal? Drip Footwear and Family Tress have joined forces in a deal...
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FNB Launches New Ad Campaign and Refreshed Bank Cards
FNB has launched a new brand communication campaign, #TheChangeables, to celebrate South Africans who take challenges in their stride, transform obstacles into opportunities, and embrace change as a way of building a better future for themselves and others. In the spirit of change, FNB is also launching a refreshed design across its range of bank...