Author: Stuff writer

SA bank FNB adds student loans to app (1) FNB

South African bank First National Bank (FNB) has come to the party for students who need money (for their studies) but simply don’t have the time and energy to go through the dreaded student loan bank application process. It’s not just banks that make it difficult to get a loan,. Try applying for a bursary or a loan from the National Student Financial Aid Scheme (NSFAS). The paperwork is enough to exhaust even the greatest of minds, but you do what you have to do to get that paper — the degree and the money. Learn from FNB FNB has introduced…

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Predictions about technology eventually snatching jobs have been around for a while and South Africa is starting to feel the effects. Telkom this week announced its intention to retrench 15% of its employees – and it says technology is to blame. “As the group manages the delicate migration of revenue between old to new technologies, it is challenged with managing the costs associated with the different technologies, the competitiveness, and sustainability of the group,” says Telkom. Telkom joins the tech retrenchment trend The telecom giant, which has moved at a snail’s pace to catch up with the latest tech, says…

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Ramaphosa might go down in the history books as the president who sold the idea of a booming electric car industry during the most devastating load-shedding period in South African history. During his State of the Nation Address (SONA 2023), on another dark night in most parts of the country, Ramaphosa told a tale of boosting the electric car industry in South Africa and increasing network connectivity in rural areas where there’s often poor network connectivity. All this and more in a year where his country hasn’t missed a day of load shedding. In a speech mainly focused on the…

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Load shedding took the spotlight during President Cyril Ramphosa’s 2023 State of the Nation Address (SONA 2023) on Thursday evening. Ramaphosa kicked off SONA 2023 by acknowledging the devastating impact that load shedding has had on SA’s businesses, overall economy, and the well-being of the people. In what was generally received as a disastrous move on social media (based on previous looting the country experienced during the COVID-19 pandemic), President Ramaphosa plans to add a Minister of Electricity to his cabinet. He also announced the immediate implementation of a National State of Disaster to tackle load shedding. Of course, that…

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Africa sits in the perfect position to take advantage of its climate, young population, and minerals in order to shift to renewable energy, but unsurprisingly, the continent doesn’t have the money needed to do so. Due to its vast deserts, the continent has the highest potential for long-term solar generation, according to the World Bank. Climate finance remains the main barrier between Africa and its transition from coal and gas power stations to more sustainable green energy production driven by solar and wind energy. Renewable energy facilities have become cheaper to build, according to research by BloombergNEF. With more than…

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Now that Twitter has found more ways to make more money, the social media platform plans to share the love with content creators by giving them a cut of the revenue generated from their content. As expected since Musk’s takeover, there’s nothing for free. Creators who want to be part of the action will pay for it. “To be eligible, the account must be a subscriber to Twitter Blue Verified,” announced Musk in a tweet on Friday. Starting today, Twitter will share ad revenue with creators for ads that appear in their reply threads — Elon Musk (@elonmusk) February 3,…

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Huawei South Africa sent Stuff’s editor-in-chief Toby Shapshak one of its newly announced flagship devices, the Mate50 Pro. The previous device in the Chinese firm’s Mate series launched in the twilight months of 2020 and while the Mate 50 Pro launched in China last year, its local rollout is nevertheless an exciting event for fans of the brand. The Mate 50 Pro’s standout feature has to be the revamped camera system featuring what Huawei calls the Ultra Aperture XMAGE Camera. That’s housed in a symmetrical Space Ring design and wrapped in the company’s orange Vegan Leather. It’s all rather spiffy.…

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This year, businesses will send more than 93 billion messages to their customers using platforms including WhatsApp, Facebook Messenger, and WeChat, according to Juniper Research. “These applications have revolutionised the messaging market, as it allows enterprises to send messages, images, graphics, links and advertisements over wireless networks,” said the market research firm in its whitepaper on how Over the Top (OTT) business messaging is evolving conversations between businesses and customers. Juniper notes that businesses have increased their use of OTT applications in the past five years. “Juniper Research has found that global OTT business messaging traffic will rise from…

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As load shedding continues to dent South Africa’s economy and shut down most small businesses, the National Energy Crisis Committee (NECOM) gave an update on what it has been doing and what it plans to do to lead the country out of the darkness. The “six-month progress update” published on The Presidency’s website this past weekend came after President Cyril Ramaphosa’s July 2022  promise to  “improve the performance of existing power stations and add new generation capacity as quickly as possible”. Read More: Load shedding won’t become permanent in SA (and that’s somehow the worse option) We don’t know what…

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Now that Eskom has finally shed some light on its immediate plans for the country and load shedding, it’s time to talk business. As in, if you own a business, should gear up if you want to keep your business running (provided you haven’t done so already). During a press briefing on Sunday, one that many had hoped would be packed with solutions and faster ways to get the country out of load shedding, Eskom told South Africa to gear up for at least two more years of load shedding. So what can you do about it? Solar is expensive…

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