South African debt addiction set to worsen

South African debt addiction set to worsen

Millions of South Africans are struggling to fight the ongoing battle of debt addiction – a problem that has worsened over the last decade and doesn’t look like improving in the foreseeable future. Given the current economic turbulence and its knock-on...

Gartner forecasts slowdown in chip revenue

Global semiconductor revenue is projected to grow 7,4% in 2022, down from 2021 growth of 26,3%, according to the latest forecast from Gartner. This is down from the previous quarter’s forecast of 13,6% growth in 2022. “Although chip shortages are abating,...

Ombud warns consumers on prescribed debts

The law forbidding creditors from collecting on prescribed debts which falls under the National Credit Act 34 of 2005 (NCA) is well-known, established and adhered to – or so everyone would think. The aim of this law is to safeguard consumers against unfair and...

TUT Solar Team take Ilanga Cup

Red Star Raceway was the scene of celebration as the Tshwane University of Technology (TUT) Solar Team emerged victorious and were crowned champions of the 2022 Ilanga Cup Solar Challenge. The team racked-up 390 kilometres during the eight-hour long endurance...

Launch of Sigfox SA ensures IoT network continuity

Kathy Gibson reports – Internet if Things (IoT) provider Sigfox South Africa was officially launched today, continuing the infrastructure and operations of the defunct Skwidnet. Community Venture Investments Holdings has partnered with Fidelity ADT, Discovery Insure,...

South Africans using digital payments big target for scammers

According to the Kaspersky Digital Payment survey, 35% of respondents from South Africa faced phishing scams when using online banking or mobile wallet services. Forty three percent have personally encountered fake websites, and 59% experienced scams (via texts or...