SA consumers live it up with debt

The latest information on consumers’ credit behaviour, released by credit bureau Compuscan, reveals that many a South African consumer is struggling to keep up financially with the lifestyle that they are buying into. In many cases, there has been a quarter-on-quarter increase in the number of accounts with adverse enforcement status codes (which indicate that accounts have been handed over, assets have been repossessed, accounts have been written off or facilities/ credit cards have been revoked as a result of non-payment).

Better connectivity for Gautrain commuters

The Strategic Partners Group (SPG) – as empowerment partner of the Bombela Concession Company which built and operates the Gautrain – has created an environment that will enable Gautrain commuters to use their mobile phones and other mobile devices to make phone calls and connect to the Internet underground.This will be rolled out at the Sandton, Park and Rosebank stations.

DA concerned about sale of Vodacom stake

Although cautiously optimistic about government’s sale of its 13,9% stake in Vodacom to the Public Investment Corporation (PIC), and a shift in the policy towards funding of distressed state-owned entities, the DA has a number of concerns around the Eskom...

R100bn for black industrialist support

Government has set a target of R100-billion to support the Black Industrialists Programme, says Deputy Minister of Trade and Industry Mzwandile Masina, addressing delegates at the two-day Annual Manufacturing Indaba in Kempton Park. The Black Industrialists Programme...

Wits’ Fak’ugesi festival returns

Wits University will be hosting a second Fak’ugesi African Digital Innovation Festival in conjunction with headline sponsor, the City of Johannesburg. Taking place over three weeks during August and September, the 2015 festival will be held at the Tshimologong...

What ISPA wants from new ICT legislation

ISPA wants the creation of a uniform and enforceable open-access regime that allows for greater competition; an understanding of net neutrality that accepts the importance of the non-discrimination between Internet traffic; and the creation of an ICASA that is...