A British broadcaster is also involved in the discussions and potentially leading the bidding, the report said, citing City sources. BT Group Plc is in talks with Amazon, Walt Disney and sport streaming company DAZN to divest a stake in its television unit BT Sport, The Telegraph reported on Wednesday. BT, Britain’s biggest broadband and mobile operator, moved...
Category: <span>Business</span>
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South Africa Local Government will take place on the 27 October 2021 – President Ramaphosa
South African President Cyril Ramaphosa has announced 27 October 2021 as the date for the local government elections. This will be the sixth time in a democratic South Africa that voters will elect leadership and public representatives at metropolitan, district and local government level. The Presidency said Minister of Cooperative Governance and Traditional Affairs Nkosazana...
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Mango airline Managed to Expatriate 170 Passengers from Zanzibar
South African low-cost airline mango said it had managed to expatriate over 170 passengers from Zanzibar. This comes after the carrier announced a temporary suspension of flights to the Tanzanian island on Saturday. The suspension of Mango’s only international destination comes after news that the airline is set to ground its operations next month due...
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YouTube shuts down TB Joshua’s channel after claim he can ‘cure’ gay congregants
Followers of Nigerian televangelist TB Joshua will no longer have access to his YouTube videos after the tech giant banned the controversial church leader from its platform. CNN reports Joshua’s account, which boasts about two million subscribers, was shut down after he claimed to “cure” gay congregants of their homosexuality during one of his sermons. He...
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Wish Announces Strategic Partnership With South Africa Post Office
Wish announced a strategic partnership with South Africa Post Office (SAPO) to strengthen its logistics capabilities and customer experience for South African consumers. Wish will be working directly with SAPO to create a more consistent and efficient experience for the customer with benefits such as: – Average 50%+ faster transit times– End to end tracking visibility and...
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Shoprite is Pulling Out of Nigerian Retail Market
After dominating Nigerian retail market for years, Shoprite is finally pulling out. Shoprite is reportedly gearing up to sell all majority stake of its Nigerian subsidiary, and billionaire businessman Tayo Amusan is first in line to make the sale. According to reports, the retail giant is withdrawing from Nigeria and other markets due to currency devaluation, lower commodity prices, and high...
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Interest Group asked Mark Zuckerberg to Stop Plans to Launch Instagram for Kids
An advocacy group on Thursday called on Facebook Inc Chief Executive Officer Mark Zuckerberg to not create a version of photo-sharing app Instagram for children who are under 13, as it would put them at “great risk”. The letter to Zuckerberg from the Campaign for a Commercial-Free Childhood (CCFC) comes at a time the world’s largest...
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EOH profits Grow 83% Despite a Revenue tumble
Despite total revenue dropping 29% to R4.4 billion from R6.2 billion, EOH reported an improvement in headline earnings, which grew 83% during the six months to end January 2021. During the period, customers delayed spend on large planned IT projects, particularly in the hardware space, which negatively affected revenue. The company, which has been going through...
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Twitter is Experiencing Outage in South Africa and some Parts of the World
Microblogging site, Twitter is down in South Africa. The outage started on Saturday at 14:00pm Central African Time (CAT). Users are reporting problems viewing and sending tweets on the social network site. An error message on Twitter said, “Something went wrong. Try again.” In the Twitter app, an error message said, “Tweets aren’t loading right...
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National carrier, SAA has a new acting CEO Thomas Kgokolo
The struggling national carrier South African Airways (SAA) has appointed Thomas Kgokolo as the new acting CEO. Mr Kgokolo has assumed the position with immediate effect with an aim to move the business into a new entity. A statement from the SAA board adds that Kgokolo had 15 years of public sector experience and more...