Widespread hiring freeze in South Africa
South African businesses have cut pay rises by 20% and introduced widespread hiring freezes in response to the global pandemic, according to new research by global advisory firm Willis Towers Watson.
business
Pick n Pay expands cash deposits at till points – how it works
The Pick n Pay group has expanded its Deposit @ Till functionality to its Boxer Stores.
Vox offers Coopers ES pest-free connections
A Vox and Coopers ES case study.
MTN launches new area-specific data bundles
MTN is launching a new prepaid data campaign called MyTown Offers which will allow MTN customers to get specific data bundles based on where they live.
Covid-19 has wiped out a third of South Africa’s middle class – study
South Africa’s overall GDP is expected to decline by at least 5.1% and up to 7.9% in 2020 and recover slowly through 2024, the United Nations Development Programme (UNDP) has warned.
Expect more roadblocks and harder policing – as South Africans shrug off lockdown rules to party
South Africans are disregarding lockdown rules and regulations around drinking and gatherings in large numbers – while also flouting the nationwide curfew, says Johannesburg Metro Police Department (JMPD) spokesperson, Chief Superintendent Wayne Minnaar.
Standard Bank buys stake in escrow fintech, TradeSafe
Standard Bank has acquired a 35% equity stake in fintech TradeSafe Escrow – the platform underpinning its recently-launched escrow service.
Nedbank chief financial officer steps down
Nedbank chief financial officer (CFO) and executive director, Raisibe Morathi, has resigned after 11 years in the position, the group said in a statement on Tuesday (25 August).
How NEC XON monitors coronavirus using facial recognition and AI
Using an AI recognition platform, NEC XON monitors temperature and visually identifies employees and visitors on its premises.
Government’s plan to use South African retirement funds – and what it means for your money
Reports that the government plans to use pension funds to invest in state assets and projects have understandably caused alarm among investors, spurring many questions.