InterWeb SA

South Africa’s 5 biggest banks compared: earnings vs customers vs market cap vs reach

South Africa’s banks face a difficult challenge in the short-to-medium term as they deal with the impact of Covid-19, a depressed local economy, and customers seeking debt relief. Theses factors are likely to increase competition among the big five retail banking institutions moving forward. BusinessTech has looked at the larget retail banks, measuring them across …

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You can now build an 8K gaming PC in South Africa – This is how much it will cost

With the recent launch of Nvidia’s GeForce RTX 30 series graphics cards, it is now possible to build an 8K gaming PC. At least, this is according to the projected performance of Nvidia’s new, top-of-the-line gaming GPU – the GeForce RTX 3090. “The GeForce RTX 3090 is the world’s first GPU able to play blockbuster …

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Discovery data points to a worrying and potentially deadly trend in South Africa

Data insights from financial services group Discovery, shows that up to 16,000 South African lives will have been saved from Covid‑19 related deaths by 2021, as a result of efforts to curb the spread of the virus. However, the country’s largest private medical aid provider, noted that the Covid-19 pandemic has also impacted health-seeking behaviour, …

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Huawei launches new laptops, FreeBuds, and smartwatches

Huawei has launched six new hardware products at its Developer Conference 2020, including two MateBook laptops, two smartwatches, and two sets of earphones. These devices were announced alongside the launch of Huawei’s EMUI 11 operating system, which is the company’s Android-based software for its smartphones and tablets. “The new artistic design offers a breath of …

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SAA must get government funding by next week to continue operating

South African Airways needs short-term funding from the government by the end of next week to continue operating, its business rescue practitioners (BRPs) said in a statement on Thursday (10 September). In terms of its business rescue plan there is short-, medium- and long-term funding that is required, it said. “The BRPs have been in …

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Companies concerned over brand exploitation by cybercriminals

South African organisations are growing wary of criminals exploiting their brands to target their customers, partners or the general public. According to the latest Mimecast State of Email Security Report, 84% of South African organisations are concerned about a web domain, brand exploitation or site spoofing attack. “Cybercriminals are acutely aware of the ease with …

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Huawei unveils Harmony OS 2.0 and EMUI 11

Huawei has announced a new version of its own operating system for smart devices, as well as an upgrade of its EMUI user interface for Android-based smartphones. These announcements came during its three-day Huawei Developer Conference (HDC), which began on Thursday. Huawei said that HarmonyOS 2.0 brings a comprehensive upgrade to the operating system’s existing …

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SAA needs funds by next week to continue operating

South African Airways needs short-term funding from the government by the end of next week to continue operating, its business rescue practitioners (BRPs) said in a statement on Thursday (10 September). In terms of its business rescue plan there is short-, medium- and long-term funding that is required, it said. “The BRPs have been in …

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Deadline set for when over 1,700 suburbs will have their ADSL cut off

Openserve is continuing with its drive to migrate customers using copper-based ADSL internet to fibre-based infrastructure as it battles with connectivity challenges brought on by cable theft and the speed limitations of copper infrastructure. Initially, the deadline for migration was set for end of August, but this was subsequently moved to end of November, it …

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