InterWeb SA

The South African Broadcasting Corporation (SABC) is having a serious problem getting South Africans to pay for their TV licences. In a recent presentation to parliament, the public broadcaster said that lockdown has severely limited its ability to collect TV licence fees through its usual avenues. This is because a number of services ceased during …

South Africans are not paying for TV licences – Here is the SABC’s plan Read More »

Telkom has announced changes to its Board of Directors in a notice to shareholders published on Wednesday. Independent non-executive directors Santie Botha and Khanyisile Kweyama will retire from the board with effect from 25 September and 31 December 2020, respectively. They are set to be replaced by Alphonzo Samuels and Hemmanth Singh, who will take …

Telkom appoints new board directors Read More »

Discovery CEO Adrian Gore is one of South Africa’s foremost business leaders and one of the most successful entrepreneurs in the country. As a young actuary, Gore founded Discovery in 1992 with the aim of making people healthier and enhancing their lives. Discovery has since evolved into a diversified and multinational financial services group with …

What’s Next in Finance – In conversation with Adrian Gore Read More »

South African ISP BitCo Telecoms has relaunched its previously discontinued Home Wireless product, offering a Wi-Fi-based uncapped service to customers who don’t have fixed broadband options available. The launch follows upgrades of a large proportion of its carrier-grade wireless network in order to provide a better quality of service to its business customers. BitCo’s Wireless-to-the-Home …

BitCo relaunches uncapped 30Mbps Internet for R1,099 per month Read More »

The South African Constitution enshrines the right to privacy, which the Protection of Personal Information Act (POPIA) gives effect to, safeguarding personal information. POPIA, which commenced on 01 July 2020, seeks to balance the right to privacy against other rights such as the right of access to, and the free flow of, information. Private and …

6 tips for easy POPIA compliance Read More »

Health minister Dr Zweli Mkhize says that South Africa will need to move to a level 1 lockdown and a return to ‘normal activities’ as part of its economic recovery. In an interview with Radio Islam on Wednesday (9 September), Mkhize said that his department was initially worried about a possible surge in cases when …

Government in talks to move South Africa to level 1 lockdown: Mkhize Read More »

South African-founded cryptocurrency exchange Luno has been acquired by Digital Currency Group (DCG), a global business that builds, buys, and invests in blockchain companies. Luno is South Africa’s’ largest cryptocurrency exchange, and it now has five million customers spanning over 40 countries, along with 400 employees based in London, Singapore, and South Africa. Digital Currency …

Luno acquired by the world’s biggest blockchain investor Read More »

Minister of Home Affairs Aaron Motsoaledi has announced his intention to introduce the Electoral Laws Amendment Bill to the National Assembly. Motsoaledi gazetted an explanatory summary of the Amendment Bill on Wednesday (9 September), detailing some of the big changes included in the bill. While the legislation primarily appears to consolidate and streamline the elections …

These are the election changes planned for South Africa Read More »

South Africa is facing a ‘pensions train smash’, says Magnus Heystek, director of Brenthurst Wealth Management, as a number of factors including the poor JSE, a weak economy and new regulations are set to collide. Heystek said in a webinar on Wednesday (9 September), that this collision course is the result of a number of …

There’s a pensions train smash coming: Magnus Heystek Read More »