Category: Business

Johannesburg – Communications Minister Khumbudzo Ntshavheni is to hold talks with Telkom and other stakeholders. That’s in a bid to reach an out-of-court settlement over the matter of spectrum auctioning. This follows an urgent court application this week by Telkom to prevent regulator Icasa from auctioning spectrum in March. The long-waited release of additional broadband […]

Johannesburg – Telkom wants the High Court to review and set aside Icasa’s spectrum licensing invitation. Telkom has also applied for an urgent interdict to stop the processing of any applications in the meantime. The release of spectrum has been a contentious topic in South Africa. It’s said to improve data connectivity and reduce data […]

Johannesburg – The High Court in Makhanda on Tuesday blocked Shell from using seismic waves to explore for oil and gas in the Indian Ocean, handing a landmark victory to environmentalists worried about the impact on whales and other species. Backing a suit filed by conservationists and local groups, the court declared Shell was “interdicted […]

Johannesburg – The past two years have been very tough due to the Covid-19 pandemic. But property owners holding a bond have been given significant relief by the Reserve Bank. In fact, since January 2020, the bank has slashed the repo rate by a record250 basis points to cushion the blow of to consumers. However, […]

The Consumer Electronics Show (CES), one of the world’s largest trade fairs, returns to Las Vegas in person this week under a newly resurgent pandemic that has supercharged the industry but threatens its downsized expo. Multiple companies – including Amazon, BMW and Microsoft – reduced or cancelled their attendance as Covid-19 case numbers broke records, […]

Johannesburg – As the new year comes closer, there have been renewed calls for government to lift the Covid-19 lockdown curfew. Earlier this week, the Democratic Alliance (DA) called on President Cyril Ramaphosa to end the curfew before New Year’s Eve. The country remains on lockdown alert level 1, with the curfew from midnight to […]

The Sekela Hospitality Support Programme (HSP) will give a R2-million a year economic boost to black-owned restaurants, catering and accommodation companies that were hard hit by the Covid-19 pandemic. Spokesperson of Sekela HSP, Edwin Ukama, said: “The aim of the programme is to provide a generous financial boost that would engage and benefit consumers, while […]

Johannesburg – Eldorado Park residents at the Bokamoso flats are waking up to a second morning without electricity. City Power said that the area would remain without electricity until technicians were able to either fix or replace a burnt cable. “Our team was onsite this morning working on the fault that affected the flats our […]

Google, Lenovo and other big tech names on Thursday cancelled plans to attend next month’s Consumer Electronics Show in Las Vegas, joining an exodus fueled by far of Covid-19. The US internet giant and the China-based computer colossus became part of a growing list of companies opting not to put employees at risk by staffing […]

Food prices are set to spike this year following developments in the year including spiralling fuel costs, the looting in July, Eskom blackouts, emergence if the omicron variant as well as substantially higher insurance costs. In a notice yesterday, food producer Eskom said South Africa is facing its highest petrol price surge in history with […]