South African city lost nearly R5 billion worth of electricity in a year: The Auditor General of South Africa has revealed several irregularities relating to City Power’s finances. – MyBroadband
One South African bank winning the fight against banking app fraud: Bank Zero customers are protected from phishing by the app’s design. – MyBroadband
TymeBank raking in deposits: TymeBank customers increased by 700,000 in the final three months of 2024. – MyBroadband
Rain closes in on R26 billion valuation: African Rainbow Capital Investments says it invested another R172 million in Rain between 31 June and 31 December 2024. – MyBroadband
Big announcement about billionaire Patrice Motsepe’s company that owns large stakes in Rain and Tymebank: Patrice Motsepe’s African Rainbow Capital Investments (ARCI) has released details about a plan to delist and re-domicile the company. – MyBroadband
AM.CO.ZA Unveils A3 DTF Printer for Home Hustlers and Start-Ups: A Budget-Friendly, High-Performance Option for Up-and-Coming Entrepreneurs. – MyBroadband
Eskom making solar power users pay for its problems: A reputable energy expert and two solar power installers have cried foul over Eskom charging people higher fixed tariffs for having grid-tied systems while also making it expensive and laborious for them to make them comply with its standards. – MyBroadband
Good news for South Africans who get a lot of spam calls: MTN says it has seen a significant reduction in spam calls on its network. – MyBroadband
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