R150m fibre factory for Durban

Global telecommunication optical fibre supplier YOFC will invest R150-million in a new fibre cable manufacturing facility in South Africa. Yangtze Optical Fibre (Africa), with headquarters in Johannesburg, will construct an optical fibre cable manufacturing plant with...

Africans believe corruption is getting worse

A majority of Africans say corruption has risen in the past 12 months and most governments are seen as failing in their duty to stop the abuse of power, bribery and secret deals, according to a new opinion poll from Transparency International. In the report...

South Africans’ gambling to reach R30bn

Gambling revenues improved in Africa in 2014, despite challenging and weakening economies. Gross gambling revenues in South Africa posted their second-largest annual increase over the past five years, with casinos taking the largest share of this growth by rising 4,5%...

SA goes online for festive shopping

Almost half of South African shoppers save up their rewards to spend on festive season gifts. This is according to the online festive survey, carried out by eBucks Rewards, which found that 46% of consumers see the value in stockpiling loyalty rewards to boost their...

Gumtree warns about new scam

A widespread scam is targeting prospective buyers on major classifieds sites pretending to sell high value items. Claire Cobbledick, head of Gumtree South Africa marketing, says that their customer service desk has received numerous enquiries asking to validate...
Poor inclusivity by SA cities

Poor inclusivity by SA cities

South African cities perform badly compared to other cities in Africa on the latest MasterCard African Cities Growth Index. The new research shows Pretoria coming in at number 22, with a score of just 36,6, followed by Johannesburg at number 28, with a score of 34,6....