South Africa’s top-performing equity fund has reaped the benefit of a wager that battered stocks, particularly in the energy sector, would flourish as economies rebounded from the worst of the pandemic. Source: BusinessTech
Times are tough and are getting increasingly more difficult for consumers in South Africa. Source: BusinessTech
Old Mutual’s private equity arm is in talks to buy Long4Life, the South African investment company founded by entrepreneur Brian Joffe, according to people familiar with the matter. Source: BusinessTech
South Africa’s largest company by market capitalisation Naspers has warned that the government is not doing enough to encourage the country’s technology sector and promote start-up growth – and that further regulation could cause damage. Source: BusinessTech
November is set to be the beginning of a bleak period for South African consumers, many of whom are already at breaking point due to the prolonged pandemic. Source: BusinessTech
The South African Post Office (SAPO) is developing a new motor vehicle licence app for South Africa which is expected to help reduce queue times and improve service delivery. Source: BusinessTech
The Department of Public Service and Administration (DPSA) is considering a number of options to increase Covid-19 vaccination uptake in South Africa – including mandatory vaccinations for government workers. Source: BusinessTech
The government signed two key pieces of legislation into law in 2021 which will have an impact on social media posts and sharing messages in South Africa, says social media lawyer Emma Sadleir. Source: BusinessTech
Facebook parent Meta Platforms will no longer use facial recognition for photos and videos shared to the company’s flagship social network, saying it needs to weigh the benefits against growing concerns about the technology. Source: BusinessTech
New research published by Dialdirect Insurance shows that the Coivd-19 lockdown has had a further negative effect on motorists’ driving habits and adherence to rules. Source: BusinessTech
