South African head of state and president Cyril Ramaphosa has announced that lockdown restrictions in Mzansi will be relaxed, with the country moving to COVID-19 alert level 1. In his national address on Sunday evening 28 February, Ramaphosa announced that the lockdown level of the country will be reduced in line with the decline in...
Author: TechDailyPost
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Beautiful Island Nation Maldives is Hosting Incrypted 2021 – Blockchain and Crypto Realm
Beautiful island nation Maldives is hosting Incrypted 2021 with key stakeholders in the blockchain and crypto realm. Are you joining? Incrypted is said to be one of the premier Blockchain conferences that connects with the investors, start-up entrepreneurs, digital currency funds, family offices, and top entrepreneurs in the blockchain and cryptocurrency spheres since 2016. This...
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Takealot is Looking for a New Group CEO
Takealot group is making changing at the executive level. This comes after the founder and current CEO Kim Reid is transitioning to Group Chairman of the organisation. According to ITweb, the company says the search for a new group CEO is underway and when the right person is found to succeed Reid, this will be...
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Challenges for Africa’s Entrepreneurial Leaders in the Digital Era writes Regina Njima
Africa is booming with entrepreneurs, from women selling vegetables in a roadside shack, to youths launching innovative technology startups. According to the African Development Bank, 22% of Africa’s working-age population are starting new businesses–the highest entrepreneurship rate in the world. At a glance this sounds promising, but once you dive in you realize that Africa has...
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Truworths to Launch a New value Fashion Chain called Primark
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...
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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...