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SA Reserve Bank Grants Bank Zero Forex Exchange Licence

SA Reserve Bank Grants Bank Zero Forex Exchange Licence

Digital-only bank, Bank Zero, has been appointed as a restricted authorised dealer in forex exchange by the South African Reserve Bank. The new licence, according to the bank, allows Bank Zero cards to be used for international trade, enabling customers to conduct foreign purchases either online or physically. This comes as SA’s newest digital bank finalises its...

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Telkom is Concern about Vodacom and Rain’s Marriage, it calls the Deal to be Scrutinise

Telkom is Concern about Vodacom and Rain’s Marriage, it calls the Deal to be Scrutinise

Telkom claims its competitors Vodacom and Rain have effectively merged, given their agreements to share infrastructure. On Wednesday, Telkom asked the Competition Tribunal to declare the spectrum arrangements between Vodacom and Rain as a merger, which should have been reported in terms of the Competition Act. Telkom says a number of agreements between Vodacom and...

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Latest Biz News: Famous Brands’ UK outlet insolvent, Cartrack dividend up 335% + More

Latest Biz News: Famous Brands’ UK outlet insolvent, Cartrack dividend up 335% + More

Famous Brands’ UK outlet insolvent – but it could still be bought Famous Brands, the owner of Steers and Wimpy, says its struggling UK operation Gourmet Burger Kitchen (GBK) has entered into administration. Administrators have been appointed, and may consider an “insolvent sale” of the business.https://tpc.googlesyndication.com/safeframe/1-0-37/html/container.html Earlier on Wednesday, Sky News reported that Ranjit Singh Boparan, a British...

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How to Write a Great Website Brief

How to Write a Great Website Brief

A good website design brief is a strong foundation for a successful web design project as it outlines all the necessary elements to include in your project. Make sure that your project is a success with a well crafted web design brief. Starting a web design project on the right foot can be a complex...

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Spotify to Allow its Podcast Hosts include full songs in their Shows

Spotify to Allow its Podcast Hosts include full songs in their Shows

Spotify is tying podcasts and music close together. The company announced today that it’s testing a new podcast format that’ll allow podcast listeners to hear entire music tracks during a show, as opposed to a brief sample. Hosts will also be able to create shows in this format through Anchor, the Spotify-owned podcast creation app....

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WATCH: 3 Tips for Bouncing Back from Humiliation by Lisa Nichols

WATCH: 3 Tips for Bouncing Back from Humiliation by Lisa Nichols

It’s your girl Lisa Nichols here and I wanna know… Have you ever had a moment of public humiliation? It could have been in front of your friends… classmates… family… work colleagues… in a meeting… or even on a stage in front of an audience? Trust me, when I say #YANA (you are not alone). Luckily, those...

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JPMorgan Calls Square’s $50M Bitcoin Investment ‘Strong Vote of Confidence’ for the Cryptocurrency

JPMorgan Calls Square’s $50M Bitcoin Investment ‘Strong Vote of Confidence’ for the Cryptocurrency

Square’s recently announced $50 million investment in bitcoin (BTC) is a “strong vote of confidence for the future of bitcoin” and a signal the payments company sees “a lot of potential” for the cryptocurrency as an asset, JPMorgan analysts said in a report dated Tuesday. While Square’s $50 million investment pales next to MicroStrategy’s recent...

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Bolt Drivers Strikes Against the Company’s Introduction of its ‘Bolt Go product’

Bolt Drivers Strikes Against the Company’s Introduction of its ‘Bolt Go product’

A strike by some South African drivers of the Bolt e-hailing service continued on Tuesday. There has been discontent among Bolt drivers since July, when the company first introduced its Bolt Go product, with fares that are 20% cheaper than standard rates. Drivers protested against the product, and launched a strike in response at the time. The...

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Finance Minister Tito Mboweni asked for Extension to table Medium Term Budget on 28 October

Finance Minister Tito Mboweni asked for Extension to table Medium Term Budget on 28 October

Finance Minister Tito Mboweni has requested an alternate date of Wednesday, 28 October to table the 2020 Medium Term Budget Policy Statement. The tabling of the budget is scheduled for 21 October. In his correspondence to the Speaker, Mboweni highlights the recent complex decisions taken by Cabinet in respect of the 2020/21 adjusted estimates. He...