Latest lockdowns, civil unrest affect auto industry’s green shoots

While the latest indicators for the second quarter of 2021 suggest an uptick in the local car market, the combined effects of the latest third wave lockdowns and civil unrest could hit the South African automotive industry hard in coming months, with potential...

Scammers get up to some new tricks

Amid continued disruption in supply chains and mail services, scammers sought to use this fact to steal money and credit card details during the second quarter (Q2) of 2021. Since last year, scammers have been taking advantage of disruption in deliveries to convince...

The next normal for passenger transportation

Covid-19 has negatively impacted passenger transportation, with the industry one of the most affected in terms of revenue losses. The transit systems in many European cities have seen 70% to 90% ridership losses and airline passenger load factors dropped dramatically...

Serame Taukobong is Telkom’s group CEO-designate

Telkom has announced the appointment of Serame as group CEO-designate with effect from 01 October 2021. Sello Moloko, chairperson of Telkom, says the organisation is pleased that its extensive search process confirmed the calibre of Telkom’s people....

AI, cybersecurity drive M&A activity

In the first six months of 2021, mergers and acquisitions (M&A) in the tech, media and telecom (TMT) sector totaled $555-billion, according to GlobalData – that’s a huge 169% rise from the same period in 2020. The data and analytics company notes that,...

SA sees 42% increase in financial malware

A combination of increasingly sophisticated propagation technologies and continued economic uncertainties resulting from the Covid-19 pandemic have seen the number of financial malware attacks reported in South Africa during the first half of 2021 increase by more...