239 Communications minister Solly Malatsi has said he and his department are making steady progress in resolving the “complex issues” within his portfolio but also admitted that some things are taking longer…
Category: Business
Ransomware attackers claim hit on Methodist Church of Southern Africa
225 A ransomware group has claimed that it has successfully attacked the Methodist Church of Southern Africa (MCSA) and is demanding a ransom payment, TechCentral has learnt. The church fell victim to…
Calls for scrap metal inquiry after price-fixing-cartel ruling
241 Recyclers want deep-dive into policy situation. Three bodies representing scrap metal recyclers in SA have called for an inquiry into all policies impacting the sector after last week’s ruling by the…
SIU uncovers R50m in ‘alternative’ RAF bank account
229 Tells Scopa inquiry of criminal referrals related to money that left the fund and was placed into the bank account of ‘various individuals’. The Special Investigating Unit (SIU) has uncovered an…
MultiChoice to delist as Canal+ takes full control
242 Canal+ CEO Maxime Saada French media giant Groupe Canal+ has all but completed its takeover of MultiChoice, securing 94.39% of the South African pay-TV group’s issued shares following the close of…
How Eskom clawed its way back from the brink
231 Eskom’s return to profitability after eight years offers some welcome positive news for the power utility and the broader economy. I want to congratulate Eskom for its financial results released last…
Absa is planning to launch an MVNO
389 Absa’s Nick Nkosi Banking group Absa is preparing to launch a mobile virtual network operator, making it the last of South Africa’s largest banks to enter the MVNO market. Nick Nkosi,…
Revolut gears up to disrupt South African banking
315 The South African banking sector is poised for further disruption as one of the world’s largest digital banks, Revolut, prepares to enter the local market. The London-headquartered fintech Revolut is driving…
Lawsuit claims Apple trained AI on stolen books
310 Apple has been hit with a lawsuit in California federal court by a pair of neuroscientists who say that the tech company misused thousands of copyrighted books to train its Apple…
Three cases where the Pension Funds Adjudicator cracked the whip
286 The annual report of the Pension Funds Adjudicator was released recently, showing how it cracks the whip on behalf of consumers to ensure that their rights are protected. These are three…