Elon Musk Puts $44-Billion Twitter Deal on Hold Over Fake Account Data

Elon Musk Suspends $44-Billion Twitter Deal Over Fake Account Data

By SAPeople 14-05-22 00:49

(Reuters) – Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. By Greg Roumeliotis and Sheila Dang. Since 2013, Twitter has downplayed the spread of fake accounts on its […]

World’s Largest Hydrogen Truck, a ‘Giant Leap’ for SA and Alex Lekgau

World’s Largest Hydrogen Truck, a ‘Giant Leap’ for SA and Alex Lekgau

By SAPeople 07-05-22 16:01

President Cyril Ramaphosa says the launch of a hydrogen-powered truck is a “giant step” in the right direction for South Africa’s budding green hydrogen economy. And there’s one man particularly who’s in the spotlight right now – Alex Tumisang Lekgau, Africa’s first and ONLY licensed operator of said hydrogen truck. Alex has risen from a […]

Electric Cars Aren't Yet a Solution for South Africa

Electric Cars Aren’t Yet a Solution for South Africa

By SAPeople 05-05-22 09:39

Evaluating the environmental footprint of electric cars. By Neil Thomas Stacey. Should South Africans switch to electric cars to reduce their environmental footprint? The answer is no. In the South African context, electric cars are currently the dirtiest means of personal transport available, and will remain so until we have fixed our electricity generation. Autotrader’s […]

loadshedding-South-Africa-Scopio

South Africa in for Another Week of Stage 2 Loadshedding

By SAPeople 03-05-22 14:55

Eskom is expected to implement stage two load shedding from 5pm Tuesday evening until the early hours of next Monday morning. These latest power cuts come after the energy supplier lost generation capacity at several power stations. “This load shedding has been caused by a shortage of generation capacity owing to delays in returning generators […]

Elon Musk Twitter

Elon Musk Shares His Tips on Investing in the Stock Market

By SAPeople 01-05-22 23:41

With Elon Musk being the richest man in the world, and currently one of the most famous – having just bought Twitter for $44-billion – it seems a lot of people have been asking him for tips on trading. So, the South African born and raised entrepreneur (SpaceX, Tesla and more!) has graciously shared his […]

Cape Town Announces First Steps to Take Over Metro Rail System

Cape Town Announces First Steps to Take Over Metro Rail System

By SAPeople 28-04-22 16:07

Cape Town Mayor Geordin Hill-Lewis has announced that the City of Cape Town “is now ready to proceed with a detailed feasibility study for the devolution of the metropolitan rail function to this metro.” In other words, Cape Town has finally been given the green light by SA’s National Treasury  to look at localising its […]

Bitcoin reaches record high

Central African Republic Adopts Bitcoin as Official Currency

By SAPeople 28-04-22 10:58

BANGUI (Reuters) – Central African Republic has adopted bitcoin as an official currency, the CAR presidency said on Wednesday, becoming the first country in Africa and only the second in the world to do so (after El Salvador in Central America). Despite rich reserves of gold and diamonds, Central African Republic is one of the […]

Ticketmaster launches in South Africa

Ticketmaster Launches in South Africa

By SAPeople 27-04-22 09:38

CAPE TOWN — Ticketmaster, the global leader in live event ticketing, has announced it is bringing its advanced digital ticketing technology to South Africa, with headquarters in Cape Town. Sporting teams, artists, promoters, festivals and venues will be able to take full advantage of Ticketmaster’s suite of industry-leading products and digital ticketing tools designed to […]

Elon Musk Twitter

Elon Musk Acquires Twitter in $44-Billion Deal

By SAPeople 26-04-22 11:34

South African expat Elon Musk has acquired Twitter Inc in a $44-billion deal today, 11 days after first offering to buy the social media platform. The billionaire entrepreneur (Tesla, SpaceX) and world’s richest man said “I hope that even my worst critics remain on Twitter, because that is what free speech means”. Twitter accepted the […]

Community members, who had hoped the Tshakhuma tourism development project would bring jobs and business, point to where a conference centre and heritage site were supposed to be located at the Tshakhuma Dam. From left to right: Glen Raphulu, ​​Mulatedzi Nemutavhani, Joel Mulaudzi, Lesley Singo, Osily Rofhiwa Nyamande. Photo: Bernard Chiguvare

R9.3-Million and Nothing to Show for Limpopo Tourism Project

By SAPeople 22-04-22 10:03

The South African Government says the project is discontinued… By Bernard Chiguvare. The Department of Tourism spent R9.3-million on the Tshakhuma Conference Development Heritage and Tourism Project near Thohoyandou in Limpopo. The project ground to a halt in 2014 because the service provider mismanaged the funds according to the department. Nothing remains to be seen […]

Eskom Plunges South Africa into Loadshedding Until Wednesday

Eskom Plunges South Africa into Loadshedding Until Wednesday

By SAPeople 17-04-22 16:45

Eskom has ‘regretfully’ implemented Stage 2 load shedding – ie. power cuts – in South Africa from 16:00 this afternoon (Easter Sunday) until 05:00 on Wednesday, 20 April, as a result of additional generation unit losses and delayed return to service of generators. The power utility cautioned that higher stages of loadshedding may be required. […]

Elon Musk Twitter

Elon Musk Offers to Buy Twitter in $41-Billion Cash Takeover

By SAPeople 26-04-22 10:08

Billionaire entrepreneur Elon Musk – of Tesla and SpaceX fame – has offered to buy Twitter for about $41- to $43-billion in cash. The South African expat says he believes the social media company, which he has often criticised (with comments like “Is Twitter dead?”), needs to go private to see effective changes. UPDATE 25 […]

Conservationists Rally to Stop Another Seismic Survey on South Africa's West Coast

Locals Rally to Stop New Seismic Survey on South Africa’s West Coast

By SAPeople 11-04-22 21:58

Just months after two separate High Courts granted interim urgent interdicts against two different seismic surveys off the East and West Coasts of South Africa – both predominantly as a result of insufficient consultation with affected communities – Tosaco Energy has received authorisation from the Department of Mineral Resources and Environment (DMRE) to proceed with […]

FEDHASA Reaction to Cyril Ramaphosa Announcement

Lifting State of Disaster Helps Tourism BUT Kids’ PCR Tests Should Also Be Removed, says Fedhasa

By SAPeople Contributor 05-04-22 13:57

South Africa’s hospitality association has welcomed last night’s lifting of the State of Disaster – after 750 days – BUT has re-issued its call for the urgent removal of the PCR test requirement for unvaccinated children between the age of five and 12-years-old… which FEDHASA says is damaging tourism. Fedhasa said it’s “delighted” by the […]

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