eCommerce

  1. eCommerce
Every type of product can now be transacted through e-commerce platforms with the exception of the obvious widely talked about products – Tobacco and Alcohol. The Department of Trade, Industry and Competition published new regulations today which would allow e-commerce stores to return to normalcy after President Ramaphosa made an announcement on Thursday where he […]
  1. eCommerce
As part of the lockdown restrictions that were announced by Pres Cyril Ramaphosa, all online stores are prohibited from selling and transport non-essential items. This means that more than half of all online stores are affected and Takealot CEO Kim Reid expects the national lockdown in South Africa to cost the company around R350 million […]
  1. eCommerce
eBay is escalating its fight against online price gouging during the coronavirus outbreak with a new outright ban on all sales of face masks, hand sanitizer, and disinfectant wipes. The new policy, outlined in a notice to sellers posted Friday, applies both to new listings and existing ones. eBay says it is in the process of […]
  1. eCommerce
Massmart’s financial results for the year ended 29 December 2019 clearly show why the company wants to close its Dion Wired stores. Its Massdiscounters division, which is comprised of Game and Dion Wired, reported a 2,169.3% decrease in trading profit compared to the previous year. The trading loss for 2019 stood at R674.6 million. This is […]

Good Reads

Vodacom has lost its operating Licence in Lesotho after the Communications Authority wrote to the Telecoms company that it had revoked its, “unified license”. According to the Lesotho Communications Authority, the decision to invoke Vodacom’s license was taken because Vodacom failed to pay a fine equivalent to R134 million for allegedly breaching legislation governing companies […]
In most cases, if not all, Artificial Intelligence systems learn through training so that they remember their core functions when used in the real world. In the case of facial recognition technology, an algorithm trained with, let us say 10,000 random faces of one color results in bias. I recently came across a tweet that […]

Worlwide

Vodacom has lost its operating Licence in Lesotho after the Communications Authority wrote to the Telecoms company that it had revoked its, “unified license”. According to the Lesotho Communications Authority, the decision to invoke Vodacom’s license was taken because Vodacom failed to pay a fine equivalent to R134 million for allegedly breaching legislation governing companies […]
In most cases, if not all, Artificial Intelligence systems learn through training so that they remember their core functions when used in the real world. In the case of facial recognition technology, an algorithm trained with, let us say 10,000 random faces of one color results in bias. I recently came across a tweet that […]
Thousands of Capitec account holders woke up to different deductions from their accounts with most of them being labeled as purchases made a few hours after midnight at mostly Shoprite stores. Nedbank has confirmed that the transactions affecting numerous Capitec account holders were a result of a technical error involving its processing of card transactions which […]

Trending

Vodacom has lost its operating Licence in Lesotho after the Communications Authority wrote to the Telecoms company that it had revoked its, “unified license”. According to the Lesotho Communications Authority, the decision to invoke Vodacom’s license was taken because Vodacom failed to pay a fine equivalent to R134 million for allegedly breaching legislation governing companies […]
When Money Destroys Nations is a book authored by a guy named Philip Haslam who believes Zimbabwe urgently needs a decentralized currency system to solve the severe problems in its money and banking system. ZIMBOCASH is free to join Zimbabwean cryptocurrency and only available to Zimbabwean residents and Zimbabweans in the diaspora who have a […]

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