African Bank says it has been forced to restructure its business following the outbreak of Covid-19, the current state of South Africa’s economy, and its move towards a digital platform, which is likely to lead to the loss of jobs. Source: BusinessTech
Analysts have raised concerns about the introduction of a second ‘hard lockdown’ for the country, amid an apparent rise in coronavirus cases. Source: BusinessTech
Despite the suggestion that TV licence fees be charged to users of platforms like Netflix, the Draft White Paper also has a lot of good suggestions. Source: MyBroadband
The Wine Farmer promises family farm wines to consumers across South Africa at cellar door prices. Source: MyBroadband
The World Bank has told South Africa’s government it has to cut its wage bill to qualify for a loan of as much as $2 billion and agree the money won’t be used to bail out insolvent state companies, a person familiar with the situation said. Source: BusinessTech
IT solutions provider Gijima has acquired the business of T-Systems South Africa (TSSA) for an undisclosed fee. Source: BusinessTech
Finance minister Tito Mboweni’s piggy bank has all but drained, which means the government will have to get creative with its fiscal approach, says accounting and consulting group Mazars. Source: BusinessTech
Gijima has announced that it has acquired T-Systems South Africa (TSSA), with the transaction currently pending Competition Commission approval. Source: MyBroadband
MTN has outlined the state of the mobile operator market in South Africa during ICASA’s public hearings on the Mobile Mobile Broadband Services Inquiry discussion document. Source: MyBroadband
The coronavirus lockdown has impacted the Department of Home Affairs’ plans to introduce new policy changes, including a draft law to update South Africa’s marriage laws. Source: BusinessTech
