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South Africa’s largest mobile virtual network operator FNB Connect has seen a big increase in customers over the past year. Source: MyBroadband

South African households are likely to start to feeling the pinch from surging petrol and paraffin prices, marked increases in excise duties on alcoholic beverages and tobacco products, and below-inflation increases in the monetary values of social grants. Source: BusinessTech

Microsoft has announced that it will expand its Surface device range in South Africa with the launch of the Surface Book 3. Source: MyBroadband

Eskom estimates that, without additional capacity, there will be an electricity supply shortfall of between 4,000 and 6,000 megawatts over the next five years, as old coal-fired power stations reach their end of life. Source: BusinessTech

Media Hack Collective has released a simple tool to see how long it will take to reach herd immunity in South Africa, and it does not look good. Source: MyBroadband

Cryptocurrency exchange Luno has announced that its customers can now earn interest on Bitcoin, Ethereum, and USDC. Source: MyBroadband

The United Kingdom has added Ethiopia, Oman, Somalia and Qatar to its travel ‘red list’, to protect the country against new variants of Covid-19. Source: BusinessTech

The Institute of Race Relations (IRR) has warned that South Africa’s tax base is nearing a tipping point as the government increasingly looks for new ways to collect revenue. Source: BusinessTech

South Africa’s top ICT executives earn millions per year when the average salary is less than R300,000. Here is a good way to look at these salaries. Source: MyBroadband

Statistical data shows that South Africa’s economic recovery remains fragile which has been reflected by a drop in business confidence, say economists from the Bureau for Economic Research (BER). Source: BusinessTech