Business
Spotted again! Upcoming VW Golf 8 seen driving in Western Cape
Wheels24 reader, Craig Jacobs, spotted the Volkswagen Golf 8 undergoing testing near Robertson in the Western Cape. The new Golf 8 is scheduled for local arrival towards the end of 2020, and already the excitement around the new car is rife and tangible. F…
Solidarity demands ‘reckless’ Telkom retrenchments be put on ice
Union Solidarity said in a statement on Thursday that it sent a letter to Telkom asking for a moratorium to be placed on what it called “forced retrenchments”, which could potentially see 3 000 jobs cut. Telkom issued a Section 189 notice to start the proce…
New Hyundai double-cab bakkie to boast six-cylinder turbodiesel – report
A fresh report out of Australia claims Hyundai’s upcoming double-cab bakkie will be offered with the option of a straight-six turbodiesel engine. According to CarsGuide.com, the upcoming ladder-frame bakkie – not to be confused with the unibody Santa Cruz m…
Toshiba has built a desktop PC algorithm that’s faster than a supercomputer
Its a tantalizing prospect for traders whose success often hinges on microseconds: a desktop PC algorithm that crunches market data faster than todays most advanced supercomputers. Japans Toshiba Corp. says it has the technology to make such rapid-fire calcu…
Mabuza’s ‘distant relative’ scored big
Former Eskom board chairperson Jabu Mabuzas name is entangled in an R11-billion boiler tube maintenance contract at the ailing power utility, where a company of his distant relative has emerged as one of those that made it through to the final bidding process…
Ndabeni-Abrahams calls urgent meeting with Telkom over planned retrenchments
Ndabeni-Abrahams calls urgent meeting with Telkom over planned retrenchments – Eyewitness News
R1-billion South African electronics factory faces liquidation
The R1-billion Yekani Manufacturing facility in East London. Image c/o Aki Anastasiou A major electronics manufacturing facility in East London in the Eastern Cape, which until recently made decoders for MultiChoice Group, faces possible liquidation after it…
Freak simultaneous breaks knock out Wacs, Sat-3 subsea cables
Both the Wacs and Sat-3/Wasc cables providing international connectivity from South Africa to international markets were knocked out on Thursday, causing slow connections for some consumer and business users. Telkom’s wholesale division Openserve issued a me…
Sibanye completes Marikana restructuring, cuts 1 142 jobs
Mining Group Sibanye-Stillwater [JSE: SGL] said on Thursday that it had completed the restructuring of its Marikana operations, in a process that saw 1 142 workers lose their jobs. The company had announced in September that 5 270 jobs were at risk at the l…
New entry-level BMW 3 Series confirmed for South Africa
JOHANNESBURG – BMWs 318i badge is returning to the 3 Series line-up, with the entry-level model set to hit South African showrooms during the second quarter of this year, the local division said. But the good news is that it wont be saddled with the 1.5-litr…
