Author: Staff Writer
Tech group EOH announced today has been approved for a secondary listing on A2X Markets and its ordinary shares will be available for trade from Friday 13 August 2021. EOH Limited will retain its listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be unaffected by its secondary listing on A2X. Megan Pydigadu, EOH Group Financial Director said, “EOH’s decision to list on A2X will give our shareholders access to an additional platform with lower transaction fees. This is in line with the Group’s commitment to continuously find ways to increase value for shareholders.” EOH is…
The South African National Parks (SANParks) says it will be going cash-free from 1 September 2021. The cash-free payment system will be implemented in two phases with several parks implementing this approach from the 2021/22 financial year and the remaining parks implementing the system in the 2022/ 23 fiscal year. “From 1 September cash will no longer be accepted as a method of payment in some of the parks. SANParks clients will be encouraged to make use of pre-booking payment systems and or speed point payment system in parks. “All trade and tourism activities will be cash-free and therefore cash…
TikTok For Business in South Africa announced today the launch of Spark Ads, a native ad format that allows advertisers to use organic user posts as part of their ad campaigns on the app. This makes it easier to leverage trending content and supplement larger campaigns. “We’re excited to officially launch Spark Ads,” said Scott Thwaites, Head of Emerging Markets, TikTok Global Business Solutions, “so that we can further enable brands to grow through real connections with our community, by elevating and sharing relevant, native content.” Thwaites added that Spark Ads was created with a one-of-a-kind solution in mind, the…
Johannesburg Water is implementing water restrictions from due to droughts. The water agency reminded the city residents on Twitter that level 1 water restrictions are still in full force. Here’s what you can and can’t do: Johannesburg Water wishes to remind residents that South Africa is a water-scarce country and urges everyone to save water whenever possible.
The COVID-19 pandemic and resulting lockdowns worldwide have challenged conventional ideas on how we work and what a workplace should look like. Will the traditional 9-5 workday and five-day work week at the office come to an end as new, more flexible work patterns emerge? International research conducted by JLL and released by Tétris Design & Build (owned by JLL, a Fortune 500 company) titled Worker Preferences Barometer reveals that this may be the case, although offices will still play a leading role in the way we do business. The study, which surveyed 3,300 office workers across ten countries, showed…
The rapidly growing number of subscribers to Liberty’s Stash tax-free investment app is showing the difference in investment outlooks by different age groups and living circumstances in South Africa. Broadly, the app shows that younger investors are more tech-savvy and look online for investment options that provide them with flexibility, while older Stash investors over 40 are more focused on long-term savings goals. The app is also generating a considerable amount of interest in investing among people who don’t live in major cities but in semi-urban and rural areas. Liberty said Stash has a 111,000 active TFI accounts and over…
Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced a R120 million or $8.3 million investment in Naked, the artificial intelligence (AI)-driven InsurTech company that offers a new, fully digital way for consumers to insure their cars, homes, and valuables. The transaction is Naspers Foundry’s second InsurTech investment in two weeks and its biggest investment to date. The investment is part of Naspers’s R1.4 billion commitment to grow South Africa’s early-stage tech ecosystem through Naspers Foundry. “Our ambition is to build insurance that people love by offering an experience that is affordable, convenient and transparent. We have come a…
SAP Africa has announced the appointment of Tracy Bolton as its new Chief Operating Officer for the Africa region. Cathy Smith, Managing Director at SAP Africa, says Bolton has played a crucial role in helping SAP expand its offering to new customers and drive cloud adoption among African enterprises. “Tracy has demonstrable success in leading our teams as they execute against strategic plans to deliver tangible customer outcomes. Her experience and knowledge will be invaluable as she takes on her new responsibilities.” Bolton, a 25-year IT industry veteran who has held several leadership positions at SAP over the past nine…
Telkom today revealed that it has added Instant Messaging (IM) platform, Telegram, to its FreeMe offer, both on Postpaid plans and Prepaid bundles. This after observing a keen interest by a significant portion of its customers in this platform and a sizeable uptake to it, at the start of 2021 as many sought out IM application alternatives mainly due to privacy reasons. Within 72 hours of WhatsApp’s privacy policy update at the start of the year, approximately 25 million users across the world had downloaded alternative IM platform Telegram and over 800 000 joined Signal. South Africa was no exception, as…
Vodacom has launched three new 30-day promotional LTE bundles available exclusively to new prepaid customers. Everyday-ta! Data Bundles come standard with a bolt-on YouTube data allocation, enabling customers to stay connected on SA’s leading network. To enjoy access to the Everyday-ta! Data Bundles, customers need to simply buy a bundle via the My Vodacom App or *135*111#. The bundle will be rationed in equal daily amounts, over the validity period with a YouTube allocation. For example, a customer opting for a 30GB Everyday-ta! Data Bundle at R299, will get a 1GB anytime data, every single day for 30 days,…